| * Default fears mount as Ukraine turmoil deepens * US tells China to scrap air zone rules * Thailand authorities look to take sting out of Bangkok protests * Cameron argues GSK case in China * Online fashion group Zalora raises $112m * S Korean economy seeks room to breathe * NXP goes local in China car market * Chilean presidential election makes copper miners nervous * Markets: down! Default fears mount as Ukraine turmoil deepens
Ukrainian bond yields soared and the price of insuring against a default on government debt surged yesterday as tens of thousands of demonstrators continued to protest in the country's biggest political crisis in nearly a decade.
http://on.ft.com/18xjO5D US tells China to scrap air zone rules
US stance comes as vice-president Joe Biden visits Japan, China and South Korea for talks that are expected to focus on the escalating dispute over the Senkaku Islands
http://on.ft.com/1bFeltA Thailand authorities look to take sting out of Bangkok protests
Thai anti-government protesters occupied the Bangkok city police compound and crossed barricades to reach the gates of the prime minister's office, after the authorities ordered security forces to stand down to avoid further escalating the country's biggest political crisis in years.
http://on.ft.com/1eRgP75 Cameron argues GSK case in China
Trade missing intends to boost UK economic ties with China and draw a line under a period of diplomatic tensions between the countries
http://on.ft.com/1bFekpB Online fashion group Zalora raises $112m
Investors include UK billionaire Len Blavatnik as group seeks to tap into the rapid growth of internet shopping in southeast Asia
http://on.ft.com/18jdFnM S Korean economy seeks room to breathe
View from Hanshin Machinery in Ansan is one of measured optimism for country's economy, but factories' spending plans and data tell more downbeat tale
http://on.ft.com/18jdFnR NXP goes local in China car market
Dutch semiconductor maker enters joint venture with state-owned Datang in a bet on the future of domestically made green vehicles
http://on.ft.com/1bFeltG Chilean presidential election makes copper miners nervous
Many Chileans will cheer when Michelle Bachelet likely romps home in a run-off presidential vote this month but copper mining companies, the mainstay of the economy, are ruing the prospect.
http://on.ft.com/1dMTeHt Emerging Markets
MSCI Emerging Market Index down -0.83% at 1,005 Europe
FTSE down -0.84% at 6,540
RTS down -1.81% at 1,373
Warsaw Wig down -1.01% at 53,388
FTSE 300 Eurotop down -0.92% at 1,289 Americas
DJIA down -0.48% at 16,009
S&P 500 down -0.27% at 1,801
Bovespa down -2.36% at 51,245 Asia
Nikkei 225 up +0.60% at 15,750
Topix up +0.29% at 1,263
Hang Seng down -0.53% at 23,910
Shanghai Composite up +0.69% at 2,223
MSCI Asia ex-Japan down -0.60% at 474.52
CNX Nifty down -0.26% at 6,202 Currencies
€/$ 1.36 (1.35)
$/¥ 102.72 (102.91) Commodities
Brent Crude (ICE) up +0.01 at 111.46
Light Crude (Nymex) up +0.30 at 94.12
100 Oz Gold (Comex) down -1.30 at 1,221 | 
