| * Asia investors cautious ahead of Fed meeting * China: house prices jump, complicating life for Beijing…and for forecasters * Peña Nieto pledges transformational reform of Pemex * Brazilian economic protests spread across the country * S Korea 'likes' Zuckerberg * Indonesian parliament approves fuel price increase * China demands US explanation over surveillance claims * Turkish assets down on latest political unrest * Brazil: Itaú expands credit card business * China's Stocks Rise as Bank Share Buying Overshadows IPO Concern * S&P downgrades Venezuelan debt * Czech PM Petr Necas quits over spying and bribery scandal Markets: mixed Asia investors cautious ahead of Fed meeting
Asian markets opened a touch lower as investors remained cautious ahead of Wednesday's Federal Reserve meeting, which may yield more detail on any planned reduction in asset purchases.
http://on.ft.com/12FMKnA China: house prices jump, complicating life for Beijing…and for forecasters
China's house prices rose in May at their fastest rate since January 2011, with average new home prices in 70 big cities up 6 per cent year-on-year, compared to 4.9 per cent in April, according to a Reuters index based on data released by the National Bureau of Statistics.
http://on.ft.com/1anNFuJ Peña Nieto pledges transformational reform of Pemex
Enrique Peña Nieto, the Mexican president, vowed to press ahead with what he claimed would be a "transformational" reform of Pemex, the state-owned oil monopoly, a controversial move widely expected to unleash billions of dollars of foreign investment.
http://on.ft.com/13UXzPi Brazilian economic protests spread across the country
Brazil's student bus fare protests spread throughout the country`s major cities late on Monday with hundreds of protesters invading areas of the national Congress complex in Brasília.
http://on.ft.com/18TRBVK S Korea 'likes' Zuckerberg
South Korea's new president has put technological innovation at the heart of her drive for a "creative economy", and she is picking the brains of some of Silicon Valley's leading names for inspiration.
http://on.ft.com/1anOBiB Indonesian parliament approves fuel price increase
Indonesia's parliament has approved a bid by President Susilo Bambang Yudhoyono to cut a ballooning fuel subsidy bill that has driven the state budget into a deficit and undermined investor confidence.
http://on.ft.com/13P3DKT China demands US explanation over surveillance claims
China has broken its silence over the case of Edward Snowden, the former intelligence contractor, to demand that the US explain the extensive internet surveillance he revealed.
http://on.ft.com/12QqSaE Turkish assets down on latest political unrest
Turkey's currency, bonds and stocks fell again on Monday as fresh clashes between police and protesters further tarnished the country's image as a haven of stability in the Middle East.
http://reut.rs/1alt22i Brazil: Itaú expands credit card business
No rest for Brazil's biggest bank, Itaú Unibanco, it seems. The lender announced late on Monday its $307m acquisition of a 51 per cent stake in Chilean retailer Cencosud's credit card business in Chile and Argentina.
http://on.ft.com/16BFpon China's Stocks Rise as Bank Share Buying Overshadows IPO Concern
Chinese stocks rose after a unit of nation's sovereign wealth fund boosted its stakes in the biggest lenders, overshadowing concern regulators will resume approving initial public offerings next month.
http://bloom.bg/18TRxW2 S&P downgrades Venezuelan debt
Standard & Poor's, the credit rating agency, downgraded Venezuela's sovereign debt on Monday over concerns about the mounting economic and political crisis facing the embattled new president, Nicolás Maduro.
http://on.ft.com/13OKdFP Czech PM Petr Necas quits over spying and bribery scandal
Petr Necas resigned as Czech prime minister on Monday over a growing bribery and spying scandal, taking his government down with him and plunging the country into the latest in a succession of political crises.
http://on.ft.com/19K4DEO Emerging Markets
MSCI Emerging Market Index down -0.34% at 953.90 Europe
FTSE up +0.88% at 6,386
RTS down -0.14% at 1,312
Warsaw Wig up +0.25% at 48,251
FTSE 300 Eurotop up +0.09% at 1,185 Americas
DJIA up +0.73% at 15,180
S&P 500 up +0.76% at 1,639
Bovespa down -0.49% at 49,089 Asia
Nikkei 225 down -0.20% at 13,007
Topix up +0.15% at 1,086
Hang Seng down 0.00% at 21,226
Shanghai Composite up +0.14% at 2,159
MSCI Asia ex-Japan down -0.04% at 442.19
CNX Nifty down -0.62% at 5,814 Currencies
€/$ 1.34 (1.34)
$/¥ 95.37 (94.49) Commodities
Brent Crude (ICE) down -0.20 at 105.27
Light Crude (Nymex) down -0.25 at 97.52
100 Oz Gold (Comex) down -5.30 at 1,378 | 
