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Financial Times
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London headlines

* Asia investors cautious ahead of Fed meeting

* Peña Nieto pledges transformational reform of Pemex

* Brazilian economic protests spread across the country

* Indonesian parliament approves fuel price increase

* China demands US explanation over surveillance claims

* Turkish assets down on latest political unrest

* Brazil: Itaú expands credit card business

* Li Ka-shing seals €950m Dutch waste deal

* S&P downgrades Venezuelan debt

Markets: mixed

Asia investors cautious ahead of Fed meeting
Asian markets opened a touch lower as investors remained cautious ahead of Wednesday's Federal Reserve meeting, which may yield more detail on any planned reduction in asset purchases.
http://on.ft.com/12FMKnA

Peña Nieto pledges transformational reform of Pemex
Enrique Peña Nieto, the Mexican president, vowed to press ahead with what he claimed would be a "transformational" reform of Pemex, the state-owned oil monopoly, a controversial move widely expected to unleash billions of dollars of foreign investment.
http://on.ft.com/13UXzPi

Brazilian economic protests spread across the country
Brazil's student bus fare protests spread throughout the country`s major cities late on Monday with hundreds of protesters invading areas of the national Congress complex in Brasília.
http://on.ft.com/18TRBVK

Indonesian parliament approves fuel price increase
Indonesia's parliament has approved a bid by President Susilo Bambang Yudhoyono to cut a ballooning fuel subsidy bill that has driven the state budget into a deficit and undermined investor confidence.
http://on.ft.com/13P3DKT

China demands US explanation over surveillance claims
China has broken its silence over the case of Edward Snowden, the former intelligence contractor, to demand that the US explain the extensive internet surveillance he revealed.
http://on.ft.com/12QqSaE

Turkish assets down on latest political unrest
Turkey's currency, bonds and stocks fell again on Monday as fresh clashes between police and protesters further tarnished the country's image as a haven of stability in the Middle East.
http://reut.rs/1alt22i

Brazil: Itaú expands credit card business
No rest for Brazil's biggest bank, Itaú Unibanco, it seems. The lender announced late on Monday its $307m acquisition of a 51 per cent stake in Chilean retailer Cencosud's credit card business in Chile and Argentina.
http://on.ft.com/16BFpon

Li Ka-shing seals €950m Dutch waste deal
Li Ka-shing's Cheung Kong group of companies is paying €950m ($1.27bn) for a Dutch waste collection and incineration company, highlighting the appeal of income generating assets among cash-rich Asian investors.
http://on.ft.com/17fEKN9

S&P downgrades Venezuelan debt
Standard & Poor's, the credit rating agency, downgraded Venezuela's sovereign debt on Monday over concerns about the mounting economic and political crisis facing the embattled new president, Nicolás Maduro.
http://on.ft.com/13OKdFP

Emerging Markets
MSCI Emerging Market Index down -0.37% at 953.61

Americas
DJIA up +0.73% at 15,180
S&P 500 up +0.76% at 1,639
Bovespa down -0.49% at 49,089

Asia
Nikkei 225 down -0.51% at 12,967
Topix up +0.03% at 1,085
Hang Seng down -0.64% at 21,090
Shanghai Composite down -0.22% at 2,152
MSCI Asia ex-Japan down -0.11% at 515.71
CNX Nifty down -0.56% at 5,817

Currencies
€/$ 1.34 (1.34)
$/¥ 94.87 (94.49)

Commodities
Brent Crude (ICE) up +0.11 at 105.58
Light Crude (Nymex) up +0.07 at 97.84
100 Oz Gold (Comex) down -0.90 at 1,382

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