LAS VEGAS, NV — (Marketwire) — 11/10/09 — Xcellink International Inc. (OTCBB: XCEL), a developer of a patented mobile payments & banking platforms, is pleased to announce that is has executed an agreement with 3i Infotech for the development and integration of its patented software with Apple’s iPhone technology.

Work will be carried out by 3i Infotech’s development team, and it is expected that the new technology will be ready for testing in early January 2010. The board of Xcellink is extremely excited by this relationship due in part to the 3i Infotech Group of Companies, which includes Regulus Group, a subsidiary of the global information technology company 3i Infotech, and one of North America’s largest payment processors.

Regulus Group is one of the brightest stars in the payment processing industry providing statement and bill presentment services to clients in the financial services, health care, insurance, telecommunications, and utilities industries.

Chris Wood, street smart Global Equity Strategist of CLSA, yesterday said in an interview on CNBC-TC18 that the US markets remained in a bear market rally while Asia and India were in a secular bull market.

He said the Indian and Asian rally was started by local money, which according to him was a big long-term positive. He added that Asia and emerging markets (EMs) would be the biggest beneficiary of the Fed’s monetary easing. He also said liquidity could lead to massive asset bubbles in Asia and EMs.

Click the image below to view the interview. The video clip is followed by a verbatim transcript.

Q: What have you made of the markets’ move in the past few weeks?

A: I was expecting what I call a counter-trend rally, driven by a counter-trend rally in