| * Alibaba set to snub US with HK listing * Obama to tackle China's Xi on cyberhacking * South African growth weakens to slowest since 2009 * Amway India expresses shock at arrests * Chilean retailer bets on Brazilian DIY * Russian grocer Lenta plans IPO in London * Zoomlion denies fresh accusations over false sales data Markets: mixed Alibaba set to snub US with HK listing
Alibaba is prepared to shun US markets and pursue its highly anticipated listing solely in Hong Kong, dealing a blow to global exchanges keen to host what is likely to be the biggest initial public offering this year.
http://on.ft.com/1auXap7 Obama to tackle China's Xi on cyberhacking
President Barack Obama will personally press his Chinese counterpart Xi Jinping about cyberhacking when they meet next week as new details emerged on Tuesday about the extent of military information China has managed to obtain.
http://on.ft.com/18pyHVF South African growth weakens to slowest since 2009
South Africa's economy, in the first quarter of this year, grew at its slowest pace since a recession in 2009, significantly underperforming economists' forecasts and underscoring the challenges facing Africa's most developed nation.
http://on.ft.com/130H4m2 Amway India expresses shock at arrests
The chief executive of Amway India was arrested on Monday evening following complaints from employees, in a move the local subsidiary of the US cosmetics and consumer goods company described as "a surprise and a shock".
http://on.ft.com/Zrz0we Chilean retailer bets on Brazilian DIY
Chilean retailers are at it again: buying in Brazil. This time, it's the turn of Falabella, the country's No. 3 retailer. It is spending $189m to buy a 50.1 per cent stake in Construdecor, which operates 57 DICICO DIY (home improvement) stores in the state of São Paulo, with sales last year of $385m.
http://on.ft.com/155lLAj Russian grocer Lenta plans IPO in London
The owners of St Petersburg grocer Lenta have begun talks with bankers about a potential London listing for the Russian retailer, in a deal that would raise about £1bn.
http://on.ft.com/10FURv3 Zoomlion denies fresh accusations over false sales data
Zoomlion angrily denied the latest in a series of accusations that it had been reporting false sales figures as the construction machinery group responded to a Chinese media report.
http://on.ft.com/18qYRY5 Emerging Markets
MSCI Emerging Market Index down -0.10% at 1,030 Americas
DJIA up +0.69% at 15,409
S&P 500 up +0.63% at 1,660
Bovespa down -0.64% at 56,036 Asia
Nikkei 225 up +0.75% at 14,419
Topix up +1.77% at 1,189
Hang Seng down -0.66% at 22,773
Shanghai Composite up +0.35% at 2,330
MSCI Asia ex-Japan down -0.03% at 552.26
CNX Nifty down -0.27% at 6,095 Currencies
€/$ 1.29 (1.29)
$/¥ 102.22 (102.36) Commodities
Brent Crude (ICE) down -0.08 at 104.15
Light Crude (Nymex) down -0.24 at 94.77
100 Oz Gold (Comex) unchanged 0.00 at 1,379 | 
