| * Maduro wins tight Venezuela election * South Korea in bid to kick-start economy * Colombia launches stimulus measures * Trafigura staff net $1.6bn in share deals * EM private debt funds draw interest * Zoomlion stalls amid slowing China growth * ENRC hit by whistleblower claim Markets: down Maduro wins tight Venezuela election Venezuela's government has declared Nicolás Maduro president despite opposition demands for an election recount, so setting the first challenge for the self-proclaimed "son of Hugo Chávez ". http://on.ft.com/ZVhnOz South Korea in bid to kick-start economy South Korea unveiled a Won17.3tn ($15.4bn) supplementary budget on Tuesday to kick-start the stalled economy, as domestic consumption remains sluggish while exports slow because of the weaker yen and cooling global demand. http://on.ft.com/ZwZYvR Colombia launches stimulus measures Colombian President Juan Manuel Santos on Monday launched a stimulus package aimed at easing the appreciation of the peso and boosting the economy after two sluggish quarters. The president said "the effort" would cost about $2.7bn. http://on.ft.com/139mizG Trafigura staff net $1.6bn in share deals Trafigura, one of the world's top commodities trading houses, has handed about $1.6bn to its senior employees in the past three years by buying back their shares, according to financial statements revealed in a bond prospectus. http://on.ft.com/16YKyqv EM private debt funds draw interest To the growing list of ways for investors to play the emerging market growth story, add this: private debt funds. Cordiant Capital, a Canada-based fund manager, is the latest to add to this small but growing sector with the launch of a $250m fund on Monday. http://on.ft.com/11jbleo Zoomlion stalls amid slowing China growth A tumble in Zoomlion's shares has highlighted the hit that Chinese machinery makers are taking from slowing Chinese growth and strengthening competition from Japanese rivals. http://on.ft.com/ZvEsHM ENRC hit by whistleblower claim ENRC has suspended one of its managers in Africa due to whistleblower allegations of impropriety in the latest blow to the FTSE 100 miner left reeling by investor concerns over corporate governance. http://on.ft.com/ZwC97n Emerging Markets MSCI Emerging Market Index down -1.60% at 1,003 Americas DJIA down -1.79% at 14,599 S&P 500 down -2.30% at 1,552 Bovespa down -3.66% at 52,950 Asia Nikkei 225 up +0.12% at 13,292 Topix down -0.87% at 1,124 Hang Seng down -0.57% at 21,648 Shanghai Composite down -1.13% at 2,182 MSCI Asia ex-Japan down -0.70% at 530.16 Currencies €/$ 1.31 (1.30) $/¥ 97.43 (96.69) Commodities Brent Crude (ICE) down -1.21 at 99.42 Light Crude (Nymex) down -1.67 at 87.04 100 Oz Gold (Comex) down -134.20 at 1,351 |