| * Nawaz Sharif prepares for third term as Pakistan prime minister * Legal sanctions force Chevron into Argentina rethink * Tunisia cracks down on Ansar al-sharia militants after clashes * LK Bennett set to dip toe in Asia * China: inequality in death, as well as life * Malaysia to unleash up to $2.6bn in IPOs * India's Axis Bank cleared to open first China branch Markets: mixed Nawaz Sharif prepares for third term as Pakistan prime minister Nawaz Sharif, who was ousted in a military coup in 1999 and sent into exile, is preparing to become Pakistan's prime minister for the third time after winning a convincing victory in the country's general election on Saturday. http://on.ft.com/12syBq8 Legal sanctions force Chevron into Argentina rethink Chevron has been forced to retool a partnership to develop massive shale oil reserves in Argentina because of legal sanctions in Ecuador. http://on.ft.com/124E4D0 Tunisia cracks down on Ansar al-sharia militants after clashes Tunisia's moderate Islamist government has launched a crackdown on the activities of a hardline militant group suspected of participating in an attack on the US embassy in the country's capital last year. http://on.ft.com/12nBmKv LK Bennett set to dip toe in Asia British luxury fashion group LK Bennett is looking to Hong Kong and Australia for further growth after pre-tax profits at the group almost doubled in its latest annual accounts. http://on.ft.com/124EcCk China: inequality in death, as well as life The news that Guangzhou is to start building a costly cemetery exclusively for revolutionary heroes and government officials this October has stirred up something of an online controversy. http://on.ft.com/13NbtEp Malaysia to unleash up to $2.6bn in IPOs The return to power of Malaysia's ruling political coalition is set to unleash up to $2.6bn in initial public offerings over the next six months, as deals that had been put on ice amid months of pre-election uncertainty are revived, bankers said. http://on.ft.com/YCOYRp India's Axis Bank cleared to open first China branch Axis Bank, India's third-largest private sector bank, is set to open its first branch in China within the next three months, the latest indication of closer financial links between Asia's two largest emerging economies. http://on.ft.com/YO1HmF Emerging Markets MSCI Emerging Market Index down -0.62% at 1,044 Americas DJIA up +0.24% at 15,118 S&P 500 up +0.43% at 1,634 Bovespa down -0.61% at 55,108 Asia Nikkei 225 up +1.27% at 14,794 Topix up +1.46% at 1,228 Hang Seng down -0.99% at 23,090 Shanghai Composite down -0.21% at 2,242 MSCI Asia ex-Japan down -0.92% at 556.11 CNX Nifty down -0.55% at 6,074 Currencies €/$ 1.30 (1.30) $/¥ 101.94 (101.80) Commodities Brent Crude (ICE) down -0.68 at 103.23 Light Crude (Nymex) down -0.72 at 95.32 100 Oz Gold (Comex) down -5.90 at 1,431 |