| * Hong Kong IPO market springs back to life * Iran threatens to trigger oil price war * India defiant as WTO battle rolls on * Russia's Yotaphone challenges smartphone status quo * US senators warn on Huawei deal with S Korea * Brazil economy shrinks to confound forecasts * Anchors finally away for Chinese Australian mine * Bharti raises €750m in first euro bond by an Indian company * Ukraine's fragile economy vulnerable to unrest * Cameron defends GSK during China trip * Markets: down mostly Hong Kong IPO market springs back to life
After a nervous few months resurgent demand for new equity listings in Hong Kong has now guaranteed that 2013 will better last year's moribund haul
http://on.ft.com/1eNJb1u Iran threatens to trigger oil price war
Tehran warns members of Opec, the oil production cartel, that it will increase output even if crude prices tumble to $20 a barrel
http://on.ft.com/1iyCGFm India defiant as WTO battle rolls on
India's commerce minister says there is no room to compromise over food security but behind the scenes in Bali a deal is being negotiated to allow Anand Sharma to do just that
http://on.ft.com/1iyCI03 Russia's Yotaphone challenges smartphone status quo
Since the rise of the smartphone, the world of gadgets has had two poles: Silicon Valley and east Asia. Especially with the decline of Nokia and BlackBerry, the commanding heights of the industry have belonged to Samsung and Apple, with a growing breed of Chinese brands such as Huawei pushing their way in.
http://on.ft.com/IG9onK US senators warn on Huawei deal with S Korea
A deal signed in South Korea by Huawei Technologies, the Chinese telecommunications giant, could undermine Washington's defence ties with Seoul, according to two powerful US senators.
http://on.ft.com/1ixkEDm Brazil economy shrinks to confound forecasts
Government struggles to rebalance economy, which contracted 0.5% as investment fell and the farm sector weakened
http://on.ft.com/1eNJbhL Anchors finally away for Chinese Australian mine
CITIC Pacific, the Chinese conglomerate, has finally loaded its maiden shipment of iron ore from its Australian venture – four years behind schedule and $8bn over budget.
http://on.ft.com/IG9cF7 Bharti raises €750m in first euro bond by an Indian company
India's Bharti Airtel, the world's fourth-largest mobile operator by subscribers, has completed a €750m ($1bn) bond sale, becoming the first Indian company to raise euro-denominated debt, according to two people familiar with the deal.
http://on.ft.com/1ixCkPh Ukraine's fragile economy vulnerable to unrest
Ukraine is in recession, has ballooning budget and current account deficits and is suffering balance of payments pressures. Civil unrest can only inflict more damage
http://on.ft.com/1eNJ9Xb Cameron defends GSK during China trip
UK pharma group facing prosecution over allegations of bribery, while dozens of local employees and a UK man remain in detention
http://on.ft.com/1eNJb1x Emerging Markets
MSCI Emerging Market Index down -0.45% at 998.23 Europe
FTSE down -0.18% at 6,520
RTS up +0.52% at 1,380
Warsaw Wig down -0.42% at 53,054
FTSE 300 Eurotop down -0.28% at 1,277 Americas
DJIA down -0.59% at 15,915
S&P 500 down -0.32% at 1,795
Bovespa down -1.75% at 50,349 Asia
Nikkei 225 down -2.17% at 15,408
Topix down -1.71% at 1,241
Hang Seng down -0.76% at 23,729
Shanghai Composite up +1.31% at 2,252
MSCI Asia ex-Japan down -0.66% at 472.20
CNX Nifty down -0.66% at 6,161 Currencies
€/$ 1.36 (1.36)
$/¥ 102.49 (102.49) Commodities
Brent Crude (ICE) down -0.47 at 112.15
Light Crude (Nymex) up +1.31 at 97.35
100 Oz Gold (Comex) down -7.90 at 1,214 | 
