| * Emerging market assets suffer in fierce sell-off * Welcome Greece, Qatar and the UAE to the EM club * Frontier Stocks Beat World on Dubai, Vietnam Growth * Asia sapped by fears of stimulus withdrawal * Chinese group loads up with debt to pay for US foodmaker * Qatar, U.A.E. Shares Jump as MSCI Upgrade Stokes Inflow Bets * Turkish police clear Istanbul's Taksim Square * RBI takes steps to increase dollar inflows * India 'coalgate' investigators file case against Congress members * Blavatnik invests in Russian ecommerce group Lamoda * China Mobile launches global app – with help from Apple * Bovespa to test Core trade clearing system Markets: mainly down Emerging market assets suffer in fierce sell-off
Emerging market currencies, stocks and bonds suffered a fierce sell-off on Tuesday on rising investor concerns over the prospect of the US Federal Reserve reining in its programme of bond-buying to drive down long-term interest rates.
http://on.ft.com/19lVty6 Welcome Greece, Qatar and the UAE to the EM club
It's been a long time coming. After putting Greece on review for a possible demotion to emerging markets status last year, MSCI went ahead and made it official on Tuesday.
http://on.ft.com/1a21f6V Frontier Stocks Beat World on Dubai, Vietnam Growth
The world's least-developed markets are proving the most resilient to the three-week selloff that has erased $1.9 trillion of global equity value.
http://bloom.bg/13ztqEZ Asia sapped by fears of stimulus withdrawal
Asian stocks turned lower as a stronger yen sapped Japanese exporters and investors fretted about a perceived growing reluctance by central banks to step up stimulus measures, after the Bank of Japan left its monetary policy unchanged.
http://on.ft.com/ZIKnxz Chinese group loads up with debt to pay for US foodmaker
Former factory worker Wan Long is no stranger to complexity when it comes to owning a business. The chairman of Shuanghui International, which is paying $4.7bn for one of the US's biggest pork producers, spent much of the past decade trying to engineer a management buyout of his Chinese group and separate it from state ownership.
http://on.ft.com/13B1G4y Qatar, U.A.E. Shares Jump as MSCI Upgrade Stokes Inflow Bets
Qatari and United Arab Emirates shares rallied after MSCI Inc. (MSCI) upgraded both countries to emerging-market status, stoking bets foreign investors will channel more money into equities in the oil-exporting region.
http://bloom.bg/16bWllb Turkish police clear Istanbul's Taksim Square
The protest movement that has collided with the government of Turkey's Recep Tayyip Erdogan was tending its wounds on Wednesday morning, after a large overnight police operation cleared Istanbul's central Taksim Square of demonstrators.
http://on.ft.com/171TkYB RBI takes steps to increase dollar inflows
The Reserve Bank of India (RBI) on Tuesday took measures to increase the supply of dollars in the market including asking exporters to realise their dollar earnings and get them back into the country within one year to support a plunging rupee.
http://reut.rs/169tzBu India 'coalgate' investigators file case against Congress members
India's anti-corruption watchdog has filed a case against two prominent members of the ruling Congress party over the alleged misallocation of mining rights to major businesses, part of the so-called "coalgate" scandal.
http://on.ft.com/17EZ0XK Blavatnik invests in Russian ecommerce group Lamoda
One of Russia's biggest online fashion retailers Lamoda has raised $130m from a group led by oligarch Len Blavatnik, allowing it to expand more rapidly across the country and build up its next-day delivery service.
http://on.ft.com/ZIKysW China Mobile launches global app – with help from Apple
China Mobile has this month quietly launched Jego, an app to rival Skype's free voice-calling system, in an effort to extend its international reach.
http://on.ft.com/167PAAR Bovespa to test Core trade clearing system
BM&FBovespa will next month begin testing of one of the world's most advanced systems for clearing trades in a move the Brazilian exchange hopes will help fight off interest from overseas rivals.
http://on.ft.com/11xOjiq Emerging Markets
MSCI Emerging Market Index up +0.41% at 958.29 Europe
FTSE down +0.13% at 6,348
RTS up +0.66% at 1,272
Warsaw Wig up +0.26% at 48,448
FTSE 300 Eurotop up +0.45% at 1,185 Americas
DJIA down -0.76% at 15,122
S&P 500 down -1.02% at 1,626
Bovespa down -3.01% at 49,770 Asia
Nikkei 225 down -0.21% at 13,289
Topix down -0.42% at 1,097
Hang Seng down -1.20% at 21,355
Shanghai Composite down -1.39% at 2,211
MSCI Asia ex-Japan up +0.02% at 438.72
CNX Nifty down -0.49% at 5,760 Currencies
€/$ 1.33 (1.33)
$/¥ 96.48 (96.01) Commodities
Brent Crude (ICE) up +0.34 at 103.30
Light Crude (Nymex) up +0.11 at 95.49
100 Oz Gold (Comex) down -0.20 at 1,377 | 
