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Financial Times
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London headlines

* Chinese car market recovery continues

* KRG to train Syrian Kurds to stop extremists gaining ground

* Annan report blasts ENRC for costing Congo $725m

* Brazil's Itaú BBA wins backing for green push

* China calls for closer negotiations on solar panel tariffs

* Nigeria signs up MasterCard to make dual-purpose identity card

Markets: mostly down

Chinese car market recovery continues
China's car market, the largest in the world, continued its strong recovery as light vehicle sales rose 13 per cent year on year by volume in April, despite weakening growth in the Chinese economy.
http://on.ft.com/10mdgvs

KRG to train Syrian Kurds to stop extremists gaining ground
The Kurdish Regional Government in Iraq is to train Syrian Kurds as part of efforts to stop extremist groups from gaining ground in their territory as fighting in the two-year-old conflict intensifies, Nechirvan Barzani, KRG prime minister, has said.
http://on.ft.com/12hzoLL

Annan report blasts ENRC for costing Congo $725m
Deals cut by Eurasian Natural Resources Corp, the FTSE 100 miner, have been lambasted for "opaque concession trading" costing the Democratic Republic of Congo $725m, in a hard-hitting report on Friday by Kofi Annan's Africa Progress Panel.
http://on.ft.com/YItiFW

Brazil's Itaú BBA wins backing for green push
Germany's Commerzbank and the Inter-American Development Bank (IDB) have agreed to extend a $200m credit line to Brazil's biggest bank to help finance a growing number of green energy projects in the region.
http://on.ft.com/10mdqmE

China calls for closer negotiations on solar panel tariffs
China has called for closer negotiations with Europe over proposed solar panel tariffs after the European Commission agreed to levy tariffs averaging 47 per cent on Chinese made solar panels.
http://on.ft.com/10mdwL3

Nigeria signs up MasterCard to make dual-purpose identity card
MasterCard is teaming up with the Nigerian authorities to launch identity cards that will double up as electronic payment cards.
http://on.ft.com/ZRVjJO

Emerging Markets
MSCI Emerging Market Index down -0.64% at 1,054

Americas
DJIA down -0.15% at 15,083
S&P 500 down -0.37% at 1,627
Bovespa down -0.64% at 55,448

Asia
Nikkei 225 up +2.90% at 14,603
Topix up +2.35% at 1,210
Hang Seng down -0.16% at 23,174
Shanghai Composite up +0.05% at 2,234
MSCI Asia ex-Japan down -0.77% at 560.26
CNX Nifty up +0.36% at 6,072

Currencies
€/$ 1.30 (1.30)
$/¥ 100.93 (100.59)

Commodities
Brent Crude (ICE) down -0.24 at 104.23
Light Crude (Nymex) down -0.25 at 96.14
100 Oz Gold (Comex) down -12.10 at 1,457

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