| * China reopens government bond futures market * G20 leaders grapple with risks of reduced US monetary stimulus * Watchdog launches Batista investigation * Apple probes work conditions at China factory * China Yuan Volatility Near 2010 Low; Money Rates Decline in Week * Malaysia Risk Tops Philippines on Najib Budget Gap * Russia's Sergei Storchak warns on corporate foreign currency debt * Europe urges China to cede business control * Sri Lanka rolls dice on mega-casinos * Somalia moves to discredit UN report over funding fears * Markets: mainly up China reopens government bond futures market Government bond futures have returned to China nearly two decades after a trading scandal that led to their being banned. http://on.ft.com/17JzRI7 G20 leaders grapple with risks of reduced US monetary stimulus Leaders at the Group of 20 summit were on Thursday grappling with the risks posed by a potential reduction of US monetary stimulus and worries over trade protectionism amid shift of economic momentum towards advanced economies. http://on.ft.com/17cSANd Watchdog launches Batista investigation Brazil's market regulator, CVM, has launched a formal investigation into the dealings of Eike Batista and executives at OGX as anger grows among investors over the near-collapse of his flagship oil company. http://on.ft.com/17cSKEi Apple probes work conditions at China factory Apple is investigating fresh allegations of poor working conditions at a Chinese factory said to be producing a cheaper iPhone, expected to be unveiled next week. http://on.ft.com/17DEa5u China Yuan Volatility Near 2010 Low; Money Rates Decline in Week Volatility in the yuan was near a three-year low after the People's Bank of China signaled it is prepared to manage the impact of a stimulus reduction by the Federal Reserve. Money-market rates fell this week. http://bloom.bg/154sWup Malaysia Risk Tops Philippines on Najib Budget Gap Malaysia's default risk climbed above that of the Philippines for the first time as Prime Minister Najib Razak seeks to avoid a debt-rating cut, while his counterpart pitches for upgrades. http://bloom.bg/17cTjxU Russia's Sergei Storchak warns on corporate foreign currency debt Russia's deputy finance minister has expressed concern about companies' rising foreign-currency debt levels amid recent emerging market turmoil. http://on.ft.com/17DEvVQ Europe urges China to cede business control European business representatives have accused Chinese regulators of unfairly targeting foreign companies in a series of recent corruption and monopoly investigations. http://on.ft.com/17DEoth Sri Lanka rolls dice on mega-casinos Faced with the necessity of reviving an economy ravaged by two decades of civil war, Sri Lanka's President Mahinda Rajapaksa is poised to make a particularly large wager: that the world's biggest gambling groups want to flock to the south Asian island to set up a series of new mega-casinos. http://on.ft.com/1eliVfQ Somalia moves to discredit UN report over funding fears Somalia has hired British and US consultants to discredit a UN report that claims rampant corruption in Mogadishu because it threatens to imperil donor funding and the return of foreign-held assets, including gold, totalling billions of dollars. http://on.ft.com/1eliYIH Emerging Markets MSCI Emerging Market Index up +0.28% at 950.28 Europe FTSE up -0.13% at 6,524 RTS up +0.17% at 1,342 Warsaw Wig up +1.33% at 46,442 FTSE 300 Eurotop down -0.07% at 1,223 Americas DJIA up +0.04% at 14,937 S&P 500 up +0.12% at 1,655 Bovespa up +1.23% at 52,352 Asia Nikkei 225 down -1.45% at 13,861 Topix down -0.87% at 1,148 Hang Seng up +0.10% at 22,621 Shanghai Composite up +0.83% at 2,140 MSCI Asia ex-Japan up +0.32% at 444.15 CNX Nifty up +1.56% at 5,680 Currencies €/$ 1.31 (1.31) $/¥ 99.73 (100.11) Commodities Brent Crude (ICE) up +0.09 at 115.35 Light Crude (Nymex) up +0.12 at 108.49 100 Oz Gold (Comex) down -3.10 at 1,370 |