| * Share sell-off spreads after Fed comments * Rupee hits all-time low after Bernanke comments * Indonesian forest fires send Singapore pollution soaring * China PMI: adding fuel to Fed's fire * Brazilian states in U-turn to defuse protests * Egypt's Morsi tries to shore up popular support ahead of protest * Emerging Stocks Fall Most in 20 Months as Currencies Drop on Fed * China cash crunch deepens as PBOC withholds funding * Kremlin seeks to halt fall of rouble and rules out devaluation * Lazada attracts $100m funds from Europe Markets: down! Share sell-off spreads after Fed comments
European stocks joined the heavy sell-off seen across Asia on Thursday that started overnight in the US and was triggered by the Federal Reserve signalling that it expected to start easing its asset purchases later this year.
tative easing in the US. Weak Chinese economic data further dented sentiment.
http://on.ft.com/14L9wK0 Rupee hits all-time low after Bernanke comments
The Indian rupee hit an all-time low of Rs59.94 to the US dollar at the start of trade on Thursday, amid concerns about the end of a US programme that has pumped billions of dollars of liquidity into emerging markets.
http://on.ft.com/15mqcV3 Indonesian forest fires send Singapore pollution soaring
Sweeping forest fires on the Indonesian island of Sumatra have sent pollution levels in Singapore soaring to their highest recorded level and strained relations between the neighbouring nations.
http://on.ft.com/17mN7GT Chinese Govt Says Financial System Must Support Economy
China's Cabinet said the nation's financial system must better support economic growth and restructuring, after a surge in credit failed to ignite growth and interbank borrowing costs jumped to the highest since 2006.
http://bloom.bg/11ZjiqP China PMI: adding fuel to Fed's fire
As if the bad news from the US Federal Reserve on the end of QE wasn't enough for emerging market investors, China has delivered an extra shock. The latest Chinese purchasing managers' data, announced on Thursday by HSBC / Markit, suggest that the coming economic slow down will be even sharper than expected. In normal circumstances, it would have skewered market sentiment. But the Fed got there first.
http://on.ft.com/16NteVD Brazilian states in U-turn to defuse protests
São Paulo and Rio de Janeiro's state governors and mayors agreed on Wednesday to reverse public transport fare increases in an effort to defuse protests that have spread throughout Brazil.
http://on.ft.com/11yMcep Egypt's Morsi tries to shore up popular support ahead of protest
Egypt's tourism minister on Wednesday submitted his resignation over the appointment of a member of an Islamist group accused of launching a terrorist attack in an ancient temple in Luxor to the governorship of the province.
http://on.ft.com/14K6V33 Emerging Stocks Fall Most in 20 Months as Currencies Drop on Fed
Emerging-market stocks tumbled the most in 20 months, currencies weakened and government borrowing costs rose after China's cash crunch worsened and the Federal Reserve said it may reduce monetary stimulus this year.
http://bloom.bg/14jWtgq China cash crunch deepens as PBOC withholds funding
China's cash crunch deepened on Wednesday after the central bank withheld funding from the financial system, putting pressure on overextended lenders.
http://on.ft.com/17lYRt3 Kremlin seeks to halt fall of rouble and rules out devaluation
The Kremlin has sought to check the stubborn fall of the rouble over the past three days, making clear that it does not intend to directly manipulate the currency in order to stimulate the flagging Russian economy.
http://on.ft.com/12L8JJS Lazada attracts $100m funds from Europe
Lazada, an online retail sales business focused on southeast Asia, has secured $100m in fresh funding from Europe in a sign that investors are backing the potential of the region's fast-growing e-commerce markets.
http://on.ft.com/13U6Jgo Emerging Markets
MSCI Emerging Market Index down -3.37% at 914.91 Europe
FTSE down -2.28% at 6,204
RTS down -3.04% at 1,253
Warsaw Wig down -3.09% at 46,267
FTSE 300 Eurotop down -2.07% at 1,156 Americas
DJIA down -1.35% at 15,112
S&P 500 down -1.39% at 1,629
Bovespa down -3.18% at 47,893 Asia
Nikkei 225 down -1.74% at 13,015
Topix down -1.33% at 1,092
Hang Seng down -2.88% at 20,383
Shanghai Composite down -2.77% at 2,084
MSCI Asia ex-Japan down -3.31% at 440.62
CNX Nifty down -2.86% at 5,656 Currencies
€/$ 1.32 (1.33)
$/¥ 97.98 (96.46) Commodities
Brent Crude (ICE) down -1.96 at 104.16
Light Crude (Nymex) down -2.13 at 96.11
100 Oz Gold (Comex) down -85.50 at 1,288 | 
