| * Nikkei soars on aggressive BoJ move * Batista's OGX suffers rating downgrade * Hungary unveils growth stimulus package * UK and Romania in migrant benefits talks * Nigerian dealmakers open up oilfields * Yen plunges as easing exceeds forecasts * Mexican labour: cheaper than China * Indian power: Adani wins compensation over higher coal costs Markets: mixed Nikkei soars on aggressive BoJ move Japanese stocks rallied to a fresh multi-year high a day after the Bank of Japan unveiled aggressive monetary easing but other Asian markets were under pressure ahead of US jobs data amid growing concern over the US economy. http://on.ft.com/Z5x5aI Batista's OGX suffers rating downgrade OGX, the flagship oil company of Eike Batista, formerly Brazil's richest man, took another battering on Thursday after Standard & Poor's downgraded its credit rating. http://on.ft.com/XUrLv0 Hungary unveils growth stimulus package Gyorgy Matolcsy, the governor of Hungary's central bank , on Thursday revealed a package of measures potentially worth up to €4.6bn designed to stimulate growth in Hungary's flagging economy. http://on.ft.com/14Ht5nN UK and Romania in migrant benefits talks The UK is in talks with Romania about a campaign to make clear that EU nationals entering Britain do not have an automatic entitlement to welfare and benefits. http://on.ft.com/11tDvo2 Nigerian dealmakers open up oilfields Behind the high walls of their compounds in Port Harcourt, the centre of production, executives from international oil companies fret about oil theft and discuss how best to sell their assets. But in Lagos, Nigeria's commercial capital, a new breed of homegrown and well-connected entrepreneurs gathers in hotel bars to discuss the opposite: buying opportunities. http://on.ft.com/16sZICa Yen plunges as easing exceeds forecasts The yen dipped sharply against other leading currencies after the Bank of Japan surprised financial markets with itssweeping measures to combat deflation. http://on.ft.com/16r6lVy Mexican labour: cheaper than China It is no secret that the wage gap between Mexico and China has been narrowing in recent years. While labour costs in China were roughly 200 per cent lower than those in Mexico a decade ago, wage inflation in the China and wage stagnation in Mexico have combined to close the gap to nearly zero. http://on.ft.com/17fHtmU Indian power: Adani wins compensation over higher coal costs The Central Electricity Regulatory Commission (CERC), the regulator, has decided to give Adani Power a "compensatory tariff", acknowledging the fact that the rising cost of coal is making it financially unviable for the company to provide power at pre-agreed prices. Good news for power companies – but someone has to pay. http://on.ft.com/10t5OS5 Emerging Markets MSCI Emerging Market Index down -0.91% at 1,008 Americas DJIA up +0.38% at 14,606 S&P 500 up +0.40% at 1,560 Bovespa down -1.65% at 54,648 Asia Nikkei 225 up +3.37% at 13,061 Topix up +3.53% at 1,074 Hang Seng down -2.37% at 21,809 Shanghai Composite down -0.11% at 2,225 MSCI Asia ex-Japan down -1.54% at 530.00 S&P CNX Nifty Index down -0.05% at 5,572 Currencies €/$ 1.29 (1.29) $/¥ 96.88 (96.33) Commodities Brent Crude (ICE) up +0.21 at 106.55 Light Crude (Nymex) up +0.03 at 93.29 100 Oz Gold (Comex) down -0.60 at 1,551 |