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Financial Times
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New York headlines

* Bolton to step down at Fidelity China fund

* Telefónica shares rise on talk of AT&T bid

* Qatar Holding sells Porsche voting stake back to families

* Turkish unions call strike after crackdown

* Brazil hanging on for record IPO boom

* China interbank market rates soar

* China to launch pilot carbon market in Shenzhen

* Bumi lines up BP veteran as chairman

* Asian shares mixed ahead of Fed meeting

* Warburg Pincus backs Africa oil and gas explorer Delonex Energy

Markets: mixed

Bolton to step down at Fidelity China fund
Anthony Bolton is to retire from running the Fidelity China Special Situations investment trust, ending a difficult three years for one of the UK's most successful fund managers.
http://on.ft.com/18Qxh7P

Telefónica shares rise on talk of AT&T bid
Shares in Telefónica, the eurozone's largest telecoms group by market value, rose on Monday morning after the company was forced to deny reports in the Spanish media that Madrid had knocked back a takeover approach from AT&T, the US telecoms operator.
http://on.ft.com/ZWUmPW

Qatar Holding sells Porsche voting stake back to families
Qatar Holding has sold its 10 per cent voting stake in Porsche back to the families behind the luxury car brand, rounding off Qatar's involvement in the creation of a single car group combining Porsche and Volkswagen.
http://on.ft.com/17SkArX

Turkish unions call strike after crackdown
Two Turkish trade union federations were preparing to stage a one-day nationwide strike on Monday in protest at the forced eviction by riot police of hundreds of anti-government demonstrators from an Istanbul park.
http://on.ft.com/ZVbANS

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

Brazil hanging on for record IPO boom
Capital raised this year from new listings on Brazil's stock market is set to top $10.6bn this week – the highest January to June total in the country's history. But it all depends whether bankers can bring the world's second-biggest initial public offering this year to market.
http://on.ft.com/17QVZnh

China interbank market rates soar
The interbank market in Chinahas seen rates soar in a reflection of tighter liquidity conditions as economic growth slows and savings are being pulled from deposits into higher yielding wealth management products.
http://on.ft.com/ZVYwYC

China to launch pilot carbon market in Shenzhen
China's economic growth has come on the back of unparalleled coal use, unbreathable air and the unenviable title of being the world's biggest greenhouse gas emitter. So as it prepares to launch its first pilot carbon market on Tuesday, there is intense speculation about the scheme's likely impact, both domestically and whether it boosts China's support for a binding global treaty to lower carbon emissions.
http://on.ft.com/1bJFYwI

Bumi lines up BP veteran as chairman
Bumi, the coal miner founded by Nat Rothschild, has lined up a former BP executive as its new chairman in what it hopes will signal a fresh start for the group.
http://on.ft.com/11FLjzn

Warburg Pincus backs Africa oil and gas explorer Delonex Energy
Private equity firm Warburg Pincus is leading a group of investors committing up to $600m to a new Africa-focused oil and gas explorer led by Rahul Dhir, ex-chief of Cairn India.
http://on.ft.com/17fhzTh

Emerging Markets
MSCI Emerging Market Index up +0.30% at 956.55

Europe
FTSE down +0.86% at 6,362
RTS up +1.52% at 1,314
Warsaw Wig up +0.08% at 48,313
FTSE 300 Eurotop up +1.20% at 1,190

Americas
DJIA down -0.70% at 15,070
S&P 500 down -0.59% at 1,627
Bovespa down -2.15% at 49,332

Asia
Nikkei 225 up +2.73% at 13,033
Topix up +2.68% at 1,085
Hang Seng up +1.22% at 21,226
Shanghai Composite down -0.27% at 2,156
MSCI Asia ex-Japan up +0.56% at 440.07
CNX Nifty up +0.72% at 5,850

Currencies
€/$ 1.33 (1.33)
$/¥ 94.95 (94.07)

Commodities
Brent Crude (ICE) up +0.30 at 106.23
Light Crude (Nymex) up +0.53 at 98.38
100 Oz Gold (Comex) down -1.50 at 1,386

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