| * India: rupee at all-time low * Cnooc in joint bid for Arctic oil * Fresh data highlight China's sluggish economic growth * Google highlights India bandwidth threat * Russia: Ignatyev holds the line on rates, for the last time * Turkey: Erdogan attacks put investors on the defensive * Lira Sinks Most in Year as Erdogan Warns Protesters, Bankers * Chinese gold miners' hope for riches shattered by Ghana crackdown * EM groups look to bonds rather than banks * China state auditor warns over local government debt levels * AirAsia X to raise up to $370 million in IPO to fund growth Markets: mixed India: rupee at all-time low
The rupee dipped to an all-time low of 57.9 the dollar on Monday, depreciating by over 1.5 per cent amid renewed concern about the end of quantitative easing in the US.
http://on.ft.com/162QwX0 Cnooc in joint bid for Arctic oil
Cnooc has become the first Chinese oil company to make a play for oil in the Arctic after teaming up with an Icelandic business in a sign of the Asian country's growing interest in the polar region.
http://on.ft.com/11sKOJZ Fresh data highlight China's sluggish economic growth
The Chinese economy is grinding toward its second straight quarterly slowdown after data from May provided fresh evidence of sluggish growth. Trade growth tumbled, imports fell, inflation slowed, investment weakened and bank lending also declined, putting pressure on the government to do more to prop up growth.
http://on.ft.com/1bjc7uO Google highlights India bandwidth threat
Google's growth in India is being hampered by poor technological infrastructure that is unable to keep pace with the demands of hundreds of millions of new internet users, says the US-based search group's Indian head.
http://on.ft.com/13wdKUE Russia: Ignatyev holds the line on rates, for the last time
Russian central bank governor Sergey Ignatyev on Monday completed his last rate-setting meeting with his hawkish reputation intact.
http://on.ft.com/162Ym38 Turkey: Erdogan attacks put investors on the defensive
By a curious coincidence, the Istanbul Stock Exchange's Monday opening was delayed by an hour just as investors were steeling themselves for another torrid day.
http://on.ft.com/162QPkI Lira Sinks Most in Year as Erdogan Warns Protesters, Bankers
Turkey's lira headed for its biggest tumble in more than a year and bank stocks plunged as Prime Minister Recep Tayyip Erdogan warned demonstrators and lashed out against financial speculators for seeking to profit from protests against his government.
http://bloom.bg/13sEuUy Chinese gold miners' hope for riches shattered by Ghana crackdown
When Wen Haijian left home on 20 May last year to dig gold in Ghana, he promised to bring back a fortune. Those hopes were shattered when an urn with his ashes returned last month.
http://on.ft.com/19V9NMC EM groups look to bonds rather than banks
Emerging market companies are getting three times as much funding from the bond markets as they are from bank syndicates, the biggest gap in at least a decade, as regulatory changes prompt structural shifts in global corporate funding.
http://on.ft.com/19VS4EO China state auditor warns over local government debt levels
China's state auditor warned on Monday that debt levels among local governments are rising and the financial burdens and risks are not being properly managed, adding to concerns over the health of the country's financial system.
http://reut.rs/19WOCKe AirAsia X to raise up to $370 million in IPO to fund growth
AirAsia X Bhd. (AAX), the long-haul arm of Asia's biggest budget carrier, plans to raise up to $370 million through an initial public offering in Malaysia to fund its expansion amid a surge in travel demand.
http://bloom.bg/15Ox9QR Emerging Markets
MSCI Emerging Market Index down -0.54% at 975.37 Europe
FTSE up -0.05% at 6,409
RTS down -0.05% at 1,314
Warsaw Wig up +0.54% at 48,470
FTSE 300 Eurotop up +0.10% at 1,195 Americas
DJIA up +1.38% at 15,248
S&P 500 up +1.28% at 1,643
Bovespa down -2.39% at 51,619 Asia
Nikkei 225 up +4.94% at 13,514
Topix up +5.21% at 1,112
Hang Seng up +0.18% at 21,615
Shanghai Composite down -1.39% at 2,211
MSCI Asia ex-Japan down -0.31% at 445.69
CNX Nifty down -0.05% at 5,878 Currencies
€/$ 1.32 (1.32)
$/¥ 98.69 (97.48) Commodities
Brent Crude (ICE) down -0.39 at 104.17
Light Crude (Nymex) down -0.44 at 95.59
100 Oz Gold (Comex) down -5.90 at 1,377 | 
