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Financial Times
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London headlines

* Iraq fears spread of Syrian violence

* Syrians clash with Turkish police

* Shares in TNK-BP offshoot fall

* Standard Life: calling time on Brazil property

* Tele2 sells Russian arm to VTB

* Brazil hits growth 'stumbling block'

* Peru intensifies currency fight

Markets: mostly down

Iraq fears spread of Syrian violence
Syria's civil war is increasingly threatening to destabilise its neighbour Iraq, widening a sectarian divide in a nation still dealing with the aftermath of the US invasion a decade ago.
http://on.ft.com/YFw8f0

Syrians clash with Turkish police
Syrian refugees threw rocks at Turkish military police who fired teargas and water cannon on Wednesday, the latest unrest in camps struggling to cope with a flood of people fleeing a civil war.
http://on.ft.com/10bgWC4

Shares in TNK-BP offshoot fall
The share price of TNK-BP Holding has fallen nearly 40 per cent over the past five trading days amid uncertainty about new owner Rosneft's commitment to minority shareholders.
http://on.ft.com/11N8ZIk

Standard Life: calling time on Brazil property
The sale of two office buildings in central São Paulo may sound like a rather insignificant event in the scale of things. However, Standard Life's decision to sell the two properties, marking an exit of the British insurer's real estate fund from Brazil, could be a bad omen for the country's property market.
http://on.ft.com/1008CpL

Tele2 sells Russian arm to VTB
Swedish telecoms group Tele2 is to sell its Russian mobile operator Tele2 Russia to local bank VTB for $3.55bn, in one of the largest deals in the region since the financial crisis.
http://www.ft.com/cms/s/0/2b964bb6-970c-11e2-a77c-00144feabdc0.html

Brazil hits growth 'stumbling block'
Brazil's slowing economy and fiscal stimulus efforts are weighing on its sovereign credit rating, Fitch said on Wednesday, in the first such note of caution over a country that has been a star of rating agencies.
http://on.ft.com/10QKgQD

Peru intensifies currency fight
For the eighth time in 10 months, Peru's central bank has raised deposit requirements on dollar-denominated accounts to stem the flow of hot money into its fast-growing economy and dampen currency appreciation.
http://on.ft.com/16YQoZR

Emerging Markets
MSCI Emerging Market Index down -0.51% at 1,027

Americas
DJIA down -0.23% at 14,526
S&P 500 down -0.06% at 1,563
Bovespa up +0.65% at 56,034

Asia
Nikkei 225 down -1.29% at 12,332
Topix down -1.05% at 1,036
Hang Seng down -1.26% at 22,182
Shanghai Composite down -2.48% at 2,244
MSCI Asia ex-Japan down -0.83% at 539.67
S&P CNX Nifty Index down -0.40% at 5,619

Currencies
€/$ 1.28 (1.28)
$/¥ 94.06 (94.43)

Commodities
Brent Crude (ICE) up +0.36 at 110.05
Light Crude (Nymex) up +0.48 at 96.58
100 Oz Gold (Comex) down -0.80 at 1,605

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