| * Emerging markets: Q1 blues * Asia shares up as Cyprus worries ease * RWE sells Czech gas pipeline for €1.6bn * Russian oil cash fuels mobile bidding war * Hungary: renationalisation speeds up * China intensifies attacks on Apple * Nigeria asks investors to throw good money into its bad bank Markets: mostly up Emerging markets: Q1 blues Emerging stocks are heading for their biggest first-quarter drop since 2008, weighed down by slowing economic growth, worries about profits, concerns about the Chinese property market and the general unease about the euro crisis. http://on.ft.com/170HTxo Asia share up as Cyprus worries ease Asian shares were in a positive territory on renewed risk appetite after the US S&P 500 hit a record closing high and worries about the Cyprus bailout eased. http://on.ft.com/YNiuR7 RWE sells Czech gas pipeline for €1.6bn RWE is selling its Czech gas pipeline network in a €1.6bn deal that highlights the appetite of insurers and pension funds to invest in stable infrastructure assets. http://on.ft.com/YNiMrf Russian oil cash fuels mobile bidding war A bidding war between Russian groups for Sweden's Tele2 Russia mobile phone operator erupted on Thursday, a day after it said it had accepted a bid from Russian state bank VTB. http://on.ft.com/10VsLyG Hungary: renationalisation speeds up Hungary's fast-expanding re-nationalisation programme, led by former anti-Communist activist Viktor Orban, on Thursday took a great leap forward. http://on.ft.com/103w85b China intensifies attacks on Apple The Chinese government has intensified a co-ordinated public campaign against Apple, slamming the technology group as "dishonest", "greedy" and "incomparably arrogant" and threatening regulatory action if the US company does not improve its after-sales service policies. http://on.ft.com/14yAje0 Nigeria asks investors to throw good money into its bad bank Two years on from the start of its cleanup operation for Nigeria's banking crisis, the Asset Management Corporation of Nigeria (AMCON) – the country's 'bad bank' – is courting foreign investors. http://on.ft.com/16Yxgv7 Emerging Markets MSCI Emerging Market Index up +0.15% at 1,034 Americas DJIA up +0.36% at 14,579 S&P 500 up +0.41% at 1,569 Bovespa up +0.57% at 56,352 Asia Nikkei 225 up +0.42% at 12,388 Topix down -0.16% at 1,035 Hang Seng down -0.74% at 22,300 Shanghai Composite down -0.14% at 2,233 MSCI Asia ex-Japan up +0.35% at 544.25 S&P CNX Nifty Index up +0.73% at 5,683 Currencies €/$ 1.28 (1.28) $/¥ 94.05 (94.11) Commodities Brent Crude (ICE) up +0.08 at 109.77 Light Crude (Nymex) up +0.65 at 97.23 100 Oz Gold (Comex) down -10.20 at 1,596 |