| * Brazil slashes financial transactions tax * Brussels offers Beijing reprieve in solar panel dispute * Tehran's bazaar in quiet revolt over Ahmadi-Nejad's tax rises * Frontier markets on track for record year * Another multilatina heads to Wall St * Fears over future trade with China curb UK criticism of Huawei * India embarks on Rs150bn linker programme Markets: mostly down Brazil slashes financial transactions tax
Brazil has dismantled one of the cornerstones of its so-called currency war against foreign fund inflows, by slashing a tax on overseas investments in domestic bonds.
http://on.ft.com/15z1jrl Brussels offers Beijing reprieve in solar panel dispute
The European Commission on Tuesday offered Beijing a temporary reprieve from swingeing sanctions against imports of Chinese solar panels in an attempt to avoid a trade war.
http://on.ft.com/11i0zDx Tehran's bazaar in quiet revolt over Ahmadi-Nejad's tax rises
With this month's presidential election less than two weeks away, the windows of the ironware shops in Tehran's Grand Bazaar should be pasted thickly with campaign posters.
http://on.ft.com/11CrZTv Frontier markets on track for record year
Frontier markets are on course to enjoy a record year as investors scramble to put their cash to work in these risky and often illiquid markets.
http://on.ft.com/14rV3Px Another multilatina heads to Wall St
Graña y Montero is about to join a tiny group of Peruvian companies that are listed on the New York Stock Exchange. Peru's biggest construction and engineering group has filed for a $460m initial public offering to raise funds for investments in infrastructure, further acquisitions and expansion and land purchases.
http://on.ft.com/19GRxqq Fears over future trade with China curb UK criticism of Huawei
A critical parliamentary report into Huawei Technologies, the Chinese telecommunications company, has been heavily redacted by the government amid concern about the potential impact on Chinese investment in the UK.
http://on.ft.com/13khWqr India embarks on Rs150bn linker programme
India sold its first inflation-linked bonds in 15 years as it seeks to develop a new funding avenue and curb the widespread use of gold as a hedge against price increases.
http://on.ft.com/13iZNJF Emerging Markets
MSCI Emerging Market Index down -0.23% at 1,002 Americas
DJIA down -0.50% at 15,178
S&P 500 down -0.55% at 1,631
Bovespa up +0.14% at 54,018 Asia
Nikkei 225 down -0.71% at 13,437
Topix down -1.10% at 1,113
Hang Seng down -0.83% at 22,101
Shanghai Composite down -0.15% at 2,269
MSCI Asia ex-Japan down -0.51% at 538.46
CNX Nifty down -0.53% at 5,888 Currencies
€/$ 1.31 (1.31)
$/¥ 99.99 (100.00) Commodities
Brent Crude (ICE) up +0.05 at 103.29
Light Crude (Nymex) up +0.32 at 93.63
100 Oz Gold (Comex) up +8.70 at 1,406 | 
