| * India cuts interest rate to revive growth * Asia sales boost Samsonite profits * China eases renminbi investment rules * Cairn adds Senegal to exploration list * Russia attacks Cypriot bank levy * Tehran faces cut in Asia oil exports * Vale doubles cost of Argentine project * Dark times for China's Suntech * ICC to consider Kenyatta case * HDFC banks on a measured approach * Xi to meet Lew on cyber row and trade * Emerging markets need greater due diligence Markets: mixed India cuts interest rate to revive growth
India's central bank has lowered a key interest rate by a quarter of a percentage point as it seeks to revive an economy that has slowed to the same pace as during the global financial crisis.
http://on.ft.com/WBL37C Asia sales boost Samsonite profits
Samsonite, the luggage maker, posted profit before taxes of $224.7m for 2012, up 61 per cent from the previous year as it benefited from stronger sales in Asia, its largest market, as well as the US.
http://on.ft.com/XmUsMy China eases renminbi investment rules
Amid all the talk of renminbi internationalisation, one question has long bugged offshore investors: what to do with the Chinese currency?
http://on.ft.com/145eX7r Cairn adds Senegal to exploration list
Cairn Energy has added the west African country of Senegal to its list of prospective exploration targets as it seeks to reinvent itself following the sale of its main asset in India.
http://on.ft.com/XmUnsd Russia attacks Cypriot bank levy
Russia on Monday blasted a proposed €5.8bn levy on Cypriot bank deposits by the EU, warning that a planned €10bn bailout is not big enough to restore confidence in Cyprus, while the mandatory tax on deposits could cause a bank run and a prolonged financial crisis.
http://on.ft.com/148cARz Tehran faces cut in Asia oil exports
Iran is facing the loss of a significant chunk of its oil export revenues as some of its largest trading partners in Asia plan to reduce their imports because of thepressure of US and European sanctions.
http://on.ft.com/YMGh5S Vale doubles cost of Argentine project
Vale has almost doubled the estimated cost of its suspended potash project in Argentina to $11bn as the Brazilian miner becomes the latest company to halt investments in the country.
http://on.ft.com/143Nlja Dark times for China's Suntech
Things are going from bad to worse for Suntech Power, the Chinese solar panel maker. The company, which has been fighting to stay afloat amid falling panel prices and slowing demand, became the latest company from mainland China to default on its international bonds.
http://on.ft.com/ZnHa4S ICC to consider Kenyatta case
The International Criminal Court in The Hague will hold hearings on Monday afternoon on whether to proceed with its case against Uhuru Kenyatta, who was declared Kenya's president-elect this month but faces charges of crimes against humanity stemming from post-election violence in 2007.
http://on.ft.com/WyJYfK HDFC banks on a measured approach
News of an investigation into money laundering has forced India's second-largest privately run bank by assets to confront an unusual problem: negative publicity.
http://on.ft.com/15koSm2 Xi to meet Lew on cyber row and trade
US Treasury Secretary Jack Lew will meet Chinese President Xi Jinping on Tuesday at a critical time in relations between the world's two largest economies, with cyber hacking, the Chinese currency and market access high on the agenda for talks.
http://on.ft.com/YOR93i Emerging markets need greater due diligence
Caterpillar of all companies ought to know a thing or two about digging. Even the world's best known maker of mechanical shovels and earth movers, however, appears to have been caught out by not doing its digging properly in China.
http://on.ft.com/WA5phQ Emerging Markets
MSCI Emerging Market Index down -0.11% at 1,029 Europe
FTSE up -0.21% at 6,444
RTS down -0.18% at 1,492
Warsaw Wig down -0.94% at 46,231
FTSE 300 Eurotop down -0.22% at 1,197 Americas
DJIA down -0.43% at 14,452
S&P 500 down -0.55% at 1,552
Bovespa up +0.18% at 56,973 Asia
Nikkei 225 up +2.03% at 12,468
Topix up +1.71% at 1,046
Hang Seng down -0.19% at 22,042
Shanghai Composite up +0.78% at 2,257
MSCI Asia ex-Japan up +0.01% at 469.11
S&P CNX Nifty Index down -1.53% at 5,746 Currencies
€/$ 1.29 (1.30)
$/¥ 95.30 (95.17) Commodities
Brent Crude (ICE) down -0.57 at 108.94
Light Crude (Nymex) up +0.15 at 93.89
100 Oz Gold (Comex) unchanged 0.00 at 1,605 | 
