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Financial Times
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New York headlines

* China struggles to find head for CIC sovereign wealth fund

* Samsung suppliers reap bumper rewards

* Sharif re-election revives India peace deal hopes

* Brazil to cancel or restructure almost $900m of African debt

* China's premier Li Keqiang warns Europe over trade war

* Kerry unveils Blair plan to invest $4bn in West Bank and Gaza

* Dubai emerges as hub for investment in Africa

* Mexico: investors curb their enthusiasm

* China-Germany 'special relationship' tested by trade frictions

* Israeli and Palestinian business chiefs make joint call for peace

Markets: mixed

China struggles to find head for CIC sovereign wealth fund
China is struggling to find a new head for its $500bn sovereign wealth fund after two leading candidates declined the job out of fear it would prove a poisoned chalice, according to people with knowledge of the situation.
http://on.ft.com/11312MK

Samsung suppliers reap bumper rewards
Shareholders in Samsung Electronics have enjoyed strong returns from the company's recent rise to become the global leader in smartphones – but these gains have been dwarfed by the tenfold increase in the market value of some smaller South Korean companies that provide specialised components for Samsung's devices.
http://on.ft.com/12XEwVB

Sharif re-election revives India peace deal hopes
Nawaz Sharif, faced with Islamist terrorism at home and a grave economic crisis at the start of his third stint as prime minister, says it is now time to normalise relations for the good of both countries, by following up on a peace agreement he signed with India back in 1999.
http://on.ft.com/13bZdfo

Brazil to cancel or restructure almost $900m of African debt
Brazil will cancel or restructure almost $900m in debt owed by African countries, a Brazilian official said, as part of a plan to increase future funding to the continent.
http://on.ft.com/10tJgTm

China's premier Li Keqiang warns Europe over trade war
China's premier has waded into an intensifying trade dispute with Europe, warning that EU investigations into Chinese-made solar panels and telecommunications equipment would backfire by hurting European consumers.
http://on.ft.com/14SipAw

Kerry unveils Blair plan to invest $4bn in West Bank and Gaza
John Kerry, US secretary of state, said he had asked Tony Blair to lead a plan to mobilise $4bn of investment in the West Bank and Gaza and revive the territories' flagging economic prospects.
http://on.ft.com/17c5XQD

Dubai emerges as hub for investment in Africa
Dubai is proving to be a window on the world for the tea growers who collectively own Kenya Tea Packers, as the company pushes to expand exports from its east African base.
http://on.ft.com/Z8Bs8B

Mexico: investors curb their enthusiasm
Mexico was one of investors' favourite emerging markets last year. Foreign investors poured a record $73.2bn into Mexican bonds and stocks in 2012 – a 60 per cent jump from the year before. Given the momentum behind the country, few at the start of this year would have dared to predict that the inflows would slow.
http://on.ft.com/14JLa2h

China-Germany 'special relationship' tested by trade frictions
Li Keqiang's visit to Berlin at the weekend, his first to an EU country since taking over as Chinese premier in March, reflects not only the deepening political ties between China and Germany but also their growing economic interdependence.
http://on.ft.com/17aO9Fi

Israeli and Palestinian business chiefs make joint call for peace
On Sunday morning, the start of the Israeli working week, about 80 leading chief executives, entrepreneurs and business owners boarded two buses in Tel Aviv, then crossed the Jordanian border to the opposite shore of the Dead Sea. A bus carrying 20 Palestinian business people was also en route from Ramallah.
http://on.ft.com/12HIbFk

Emerging Markets
MSCI Emerging Market Index up +0.15% at 1,028

Europe
FTSE down -0.63% at 6,654
RTS down -0.37% at 1,383
Warsaw Wig up +0.85% at 46,536
FTSE 300 Eurotop up +0.15% at 1,228

Americas
DJIA up +0.06% at 15,303
S&P 500 down -0.06% at 1,650
Bovespa up +0.10% at 56,406

Asia
Nikkei 225 down -3.22% at 14,143
Topix down -3.35% at 1,154
Hang Seng up +0.30% at 22,686
Shanghai Composite up +0.20% at 2,293
MSCI Asia ex-Japan up +0.36% at 467.25
CNX Nifty up +1.66% at 6,083

Currencies
€/$ 1.29 (1.29)
$/¥ 100.83 (101.45)

Commodities
Brent Crude (ICE) down -0.24 at 102.40
Light Crude (Nymex) down -0.60 at 93.55
100 Oz Gold (Comex) unchanged 0.00 at 1,387

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