London morning headlines


If this email is not displayed correctly, please click on the following link or open your browser and
paste the link into the address field: http://view.ed4.net/v/QM42II/EKACJH/SPT2YCS/9ZND5E/

Financial Times
beyondbrics



London headlines

* Protests return to Turkey as fears grow of social divisions

* China seeks cut in coal usage to boost air quality

* Elite Syrian unit scatters chemical arms stockpile

* First domestic pharmaceutical group caught up in China probes

* Deutsche Börse plans derivatives clearing house in Asia

* Sun Hung Kai profits fall amid Hong Kong's property cooling moves

* Founder calls on Ecobank chairman to stand down

* India's reliance on imported energy threatens long-term recovery

* Markets: down

Protests return to Turkey as fears grow of social divisions
Protests are once more rippling through Turkey, raising fears of prolonged unrest before local and presidential elections next year and at a time when the economy is coming under pressure.
http://www.ft.com/intl/cms/s/0/f1b242a6-1bbd-11e3-94a3-00144feab7de.html

China seeks cut in coal usage to boost air quality
China has announced measures to reduce its reliance on coal and set earlier targets to control the choking air pollution that is an increasing source of discontent for its citizens.
http://www.ft.com/intl/cms/s/0/f758cce0-1b84-11e3-b678-00144feab7de.html

Elite Syrian unit scatters chemical arms stockpile: "A secretive Syrian military unit at the center of the Assad regime's chemical weapons program has been moving stocks of poison gases and munitions to as many as 50 sites to make them harder for the U.S. to track, according to American and Middle Eastern officials."
http://on.wsj.com/1ep4FW3

First domestic pharmaceutical group caught up in China probes
Beijing has taken the first step to extend its probe of pharmaceutical corruption in China to domestic drug companies, with state television broadcasting claims that a Chinese drug company bribed doctors with overseas trips.
http://www.ft.com/intl/cms/s/0/dda6ce26-1ba4-11e3-94a3-00144feab7de.html

Deutsche Börse plans derivatives clearing house in Asia
Deutsche Börse, the German exchange operator, is planning to build a derivatives clearing house in Asia, based in Singapore, as part of a strategic push into the region, two people familiar with the matter said.
http://www.ft.com/intl/cms/s/0/b1195562-1b64-11e3-b781-00144feab7de.html

Sun Hung Kai profits fall amid Hong Kong's property cooling moves
The Hong Kong property developer controlled by the family of the billionaire Kwok brothers has posted a double-digit decline in full-year profits, as government measures to dampen prices hit residential demand in the Chinese territory.
http://www.ft.com/intl/cms/s/0/ddfc3d36-1b98-11e3-94a3-00144feab7de.html

Founder calls on Ecobank chairman to stand down
The honorary president and founder of Ecobank Transnational has called on Kolapo Lawson to stand down as chairman amid continuing divisions over alleged mismanagement at the most geographically diverse pan-African bank.
http://www.ft.com/intl/cms/s/0/703aaaec-1bc2-11e3-b678-00144feab7de.html

India's reliance on imported energy threatens long-term recovery
Crisis over? The sharp recovery of the Indian rupee over the past week and the return of foreign investors to the stock market suggest that fears of an Indian balance of payments crisis were overblown.
http://www.ft.com/intl/cms/s/0/c20792e2-1b84-11e3-b678-00144feab7de.html

Emerging Markets
MSCI Emerging Market Index down -0.56% at 984.85

Americas
DJIA down -0.17% at 15,301
S&P 500 down -0.34% at 1,683
Bovespa down -0.49% at 53,307

Asia
Nikkei 225 down -0.48% at 14,319
Topix down -0.44% at 1,179
Hang Seng down -0.51% at 22,836
Shanghai Composite down -1.02% at 2,233
MSCI Asia ex-Japan down -0.73% at 531.23
CNX Nifty up +0.24% at 5,865

Currencies
€/$ 1.33 (1.33)
$/¥ 99.59 (99.54)

Commodities
Brent Crude (ICE) up +0.17 at 112.80
Light Crude (Nymex) up +0.95 at 108.60
100 Oz Gold (Comex) unchanged 0.00 at 1,330

Advertisement

Tools
Your account Portfolio
Email Briefings Price alerts
Keyword alerts RSS feeds
© THE FINANCIAL TIMES LTD 2009
ABOUT THIS EMAIL You have received this email because you have signed up from the NBE preference page on FT.com
Change Briefings UnsubscribeChange Email AddressForward this email to a friendPrivacy Policy About UsHelp
The Financial Times Limited, registered in England and Wales number 227590. Registered office: Number One Southwark Bridge, London SE1 9HL. VAT number GB 278 5371 21.