| * China's leaders warn on financial risks * SFO launches criminal probe into ENRC * Investor rebuke highlights Barrick's woes * ENRC departures raise questions over who controls miner * GrainCorp agrees to ADM's sweetened A$3bn offer * Samsung reiterates cautious outlook for smartphones * PKK fighters to withdraw from Turkey into Iraq * Rwanda issues first 10-year bond to international investors * Santander profits hit by LatAm weakness * India moves to ease tensions with China over disputed incursion * Brazil Congress seeks to thwart Supreme Court power * 'Good tsar' anoints adviser on Russia's economy * Baidu Says Buying Better Than Building for Mobile Profit Markets: mixed China's leaders warn on financial risks
China must work to strengthen its economy while also guarding against financial risks, the country's top leaders said in a special meeting convened amid rising concerns about the near-term growth outlook.
http://on.ft.com/17lRApq
SFO launches criminal probe into ENRC
The Serious Fraud Office has launched a criminal probe into Eurasian Natural Resources Corp, ratcheting up scrutiny of the controversy-dogged FTSE-100 miner.
http://on.ft.com/12KoDCr Investor rebuke highlights Barrick's woes
Shareholders voted overwhelmingly against generous executive pay at Barrick Gold's annual meeting on Wednesday. Other investors have already voted with their feet.
http://on.ft.com/10h1Zwf GrainCorp agrees to ADM's sweetened A$3bn offer
GrainCorp, the largest crop handler in eastern Australia, has accepted a sweetened A$3bn (U$3.1bn) takeover offer from Archer Daniels Midland after rebuffing several previous approaches from the US-based commodities trader.
http://on.ft.com/Y7VTUL Samsung reiterates cautious outlook for smartphones
Samsung Electronics announced first-quarter earnings that slightly exceeded expectations, but its shares edged lower as the world's biggest technology group by sales reiterated its cautious outlook for the global smartphone market.
http://on.ft.com/180xceS PKK fighters to withdraw from Turkey into Iraq
The military leader of the Kurdistan Workers Party, or PKK, which has battled Turkey for three decades, has announced fighters will pull out of the country from May 8 in the latest stage of a peace process transforming the politics of the region.
http://on.ft.com/12KOD0o Rwanda issues first 10-year bond to international investors
Rwanda has issued its first international bond, highlighting its recovery after the 1994 genocide and how voracious investor appetite for higher yielding debt is helping a swath of countries make their debuts on global bond markets.
http://on.ft.com/10dwIu1 India moves to ease tensions with China over disputed incursion
Salman Khurshid, Indian foreign minister, will visit Beijing next month in spite of mounting criticism from opposition parties over New Delhi's conciliatory response to a Chinese military incursion across the disputed Himalayan border.
http://on.ft.com/11GwYok Brazil Congress seeks to thwart Supreme Court power
We've already seen how the foxes are often in charge of the henhouse in Brazil's Congress, with soy farmers running the environmental commission, convicted corruptors sitting in the justice commission and an evangelical pastor accused of racism heading the human rights commission.
http://on.ft.com/12oTUd5 'Good tsar' anoints adviser on Russia's economy
Vladimir Putin has sought to reassure Russians that the government is putting the economy centre stage in an annual call-in show that cast an unexpected spotlight on Alexei Kudrin, the former finance minister who has flirted with the opposition.
http://on.ft.com/12oBskH Baidu Says Buying Better Than Building for Mobile Profit
Baidu Inc., owner of China's largest Internet search engine, said it prefers to expand by acquisitions as the company moves to revive advertising sales growth and take advantage of a consumer shift to smartphones.
http://bloom.bg/17l33FO Emerging Markets
MSCI Emerging Market Index down -0.20% at 1,025 Europe
FTSE up -0.54% at 6,408
RTS down -0.83% at 1,376
Warsaw Wig up +0.29% at 43,610
FTSE 300 Eurotop down -0.67% at 1,193 Americas
DJIA up +0.17% at 14,701
S&P 500 up +0.40% at 1,585
Bovespa down -0.04% at 54,963 Asia
Nikkei 225 down -0.30% at 13,884
Topix down -0.99% at 1,161
Hang Seng up +0.65% at 22,548
Shanghai Composite down -0.97% at 2,178
MSCI Asia ex-Japan down -0.06% at 476.64
CNX Nifty down -0.76% at 5,871 Currencies
€/$ 1.30 (1.30)
$/¥ 98.63 (99.25) Commodities
Brent Crude (ICE) down -0.59 at 102.82
Light Crude (Nymex) down -0.62 at 93.02
100 Oz Gold (Comex) up +11.10 at 1,473 | 
