| * Shares rebound as yen slides * Turkey: markets up but fears persist * BASF bets big on Asia-Pacific * China plans multimillion Ethiopia investment * China's 'great power' call to the US could stir friction * Lonmin mine shootings raise tensions * Indonesia orders Freeport to shut mine pending cave-in probe * Weichai Power to boost stake in Kion * Brazil growth: how fast is enough? * EM assets lose favour on fears of slowing Fed QE * Brussels to recommend Latvia becomes 18th member of currency bloc Markets: mostly up Shares rebound as yen slides
European stocks are firmer and Asian shares bounced off a two-month low, but investors remain twitchy after uncertainty over the duration and impact of central bank intervention delivered volatility in recent weeks.
http://on.ft.com/ZpIJ3Y Turkey: markets up but fears persist
The Turkish stock market bounced back 4.4 per cent on Tuesday morning after Monday's 10.5 per cent collapse, the lira was steady against the dollar and the bond market strengthened, with the yield on two-year lira bonds falling 46 basis points to 6.32 per cent, after Monday's surge.
http://on.ft.com/15BJVmr BASF bets big on Asia-Pacific
With so much uncertainty permeating the financial markets, not least emerging markets, it's heartening to see a big, solid multinational making a big, solid €10bn bet on EM growth.
http://on.ft.com/19EiATb China plans multimillion Ethiopia investment
Huajian, one of the largest shoe exporters in China, is planning a multimillion-dollar factory expansion in Ethiopia in a sign that Chinese manufacturers are starting to move to Africa to benefit from preferential trade tariffs and lower labour costs.
http://on.ft.com/11mNThC China's 'great power' call to the US could stir friction
When Xi Jinping arrives in California at the end of this week he will bring a new Chinese world view with him. It has been five years since China effectively rejected the concept of a "Group of Two (G2)" relationship between Washington and Beijing and the phrase is still dismissed out of hand by Chinese officials. But as Mr Xi prepares for his first meeting as Chinese president with US President Barack Obama the idea has been quietly adopted and rebranded by Beijing.
http://on.ft.com/13Cd1A5 Lonmin mine shootings raise tensions
Tensions in South Africa's mines flared after a union official was shot dead and 1,000 workers were dismissed after a wildcat strike, highlighting the strife facing companies in the sector and alarming investors ahead of an important round of industry wage talks.
http://on.ft.com/11hsbsp Indonesia orders Freeport to shut mine pending cave-in probe
The Indonesian government has ordered Freeport-McMoRan Copper & Gold, the US mining group, to halt production at its copper and gold mine in Papua province for three months while it completes an investigation into a fatal cave-in at an underground training centre.
http://on.ft.com/13zO0FK Weichai Power to boost stake in Kion
China's Weichai Power is set to raise its anchor investment in Europe's biggest forklift truckmaker by sales after Germany's Kion announced plans for an initial public offering later this summer.
http://on.ft.com/1aWK1W0 Brazil growth: how fast is enough?
The estimates for economic growth in Brazil this year – and next – continue to tumble after last week's weaker-than-expected first quarter growth.
http://on.ft.com/15zHRLC EM assets lose favour on fears of slowing Fed QE
Nowhere did recent hints that the US Federal Reserve could cut back its bond-buying in the near future reverberate as loudly as in emerging markets.
http://on.ft.com/10M7GHN Brussels to recommend Latvia becomes 18th member of currency bloc
Brussels on Wednesday will recommend that Latvia from next year becomes the 18th country to adopt the euro despite lingering concerns about the size of Russian deposits in the small Baltic state's domestic banking sector.
http://on.ft.com/14bT59a Emerging Markets
MSCI Emerging Market Index up +0.59% at 1,004 Europe
FTSE down +0.73% at 6,572
RTS up +0.93% at 1,331
Warsaw Wig up +0.48% at 47,404
FTSE 300 Eurotop up +0.48% at 1,213 Americas
DJIA up +0.92% at 15,254
S&P 500 up +0.59% at 1,640
Bovespa up +0.82% at 53,944 Asia
Nikkei 225 up +2.05% at 13,534
Topix up +2.60% at 1,125
Hang Seng up +0.01% at 22,286
Shanghai Composite down -1.17% at 2,272
MSCI Asia ex-Japan up +0.29% at 459.65
CNX Nifty down -0.33% at 5,919 Currencies
€/$ 1.31 (1.31)
$/¥ 100.22 (99.51) Commodities
Brent Crude (ICE) down -0.16 at 101.90
Light Crude (Nymex) down -0.49 at 92.96
100 Oz Gold (Comex) down -12.70 at 1,399 | 
