| * Erdogan to return home to face Turkish unrest * Global stocks at six-week lows * China claims 'mountains of data' on cyber attacks by US * Argentina nationalises two rail routes * Brazilian real volatile after tax move * Gabon seeks to reclaim Chinese oil assets * Amazon launches online shopping site in India * China's appetite for food imports to fuel agribusiness M&A * Indonesia: get ready for an insurance boom * Ukraine's richest man buys telecoms and 3G monopoly for $1bn * Latvia set to join eurozone next year Markets: down Erdogan to return home to face Turkish unrest Turkish prime minister Recep Tayyip Erdogan is due to return home in the face of nationwide protests that have rocked his government for almost a week but have become less confrontational during his absence in the past two days. http://on.ft.com/185ASOO Global stocks at six-week lows World stocks are hovering at six-week lows as fretting about the duration and impact of central bank intervention, alongside patchy economic data, delivers a pullback from recent cyclical highs. Japanese equities have endured another volatile session, contributing to the nervousness of traders wary of potential "headline risk" in the form of crucial US jobs numbers and policy decisions from European central banks. http://on.ft.com/11mJsQU China claims 'mountains of data' on cyber attacks by US Beijing has upped the ante on the US over accusations of cyber attacks by China, warning that it also has evidence against the US before a meeting between Barack Obama and Xi Jinping this week. http://on.ft.com/12sM5Hw Argentina nationalises two rail routes Just over a year since the expropriation of 51 per cent of Spanish-controlled energy company YPF, Cristina Fernández, Argentina's president, has stripped a Brazilian group that is Latin America's biggest independent logistics firm of two key rail cargo concessions. http://on.ft.com/14z345p Argentina lifts freeze on Chevron assets in Lago Agrio case Argentina's Supreme Court has lifted a freeze on the assets of Chevron that was sought by plaintiffs trying to collect on a $19bn judgment for environmental damage in Ecuador. http://on.ft.com/12tISYc Brazilian real volatile after tax move Volatility jumped in Brazil's currency market after the country became one of the first emerging markets to scrap a key capital control in the face of a broadly stronger dollar. http://on.ft.com/10QrlpU Gabon seeks to reclaim Chinese oil assets Gabon is planning to take assets back from three international oil companies including a subsidiary of China's Sinopec in a sign ofAfrica's growing assertiveness as competition intensifies for its natural resources. http://on.ft.com/13lzz9d Amazon launches online shopping site in India Amazon has launched an e-commerce marketplace in India that lets it sidestep foreign investment restrictions, while it plans to expand its nascent US grocery business as its ambitions grow. http://on.ft.com/15JXmAy China's appetite for food imports to fuel agribusiness M&A China is set to become more dependent on imported grains, oilseeds and meat during the next 10 years, a development that is likely to support prices and fuel further dealmaking in the global agribusiness industry. http://on.ft.com/11iKtIN Indonesia: get ready for an insurance boom With very low penetration rates and too many small players, Fitch Ratings reckons Indonesia's nascent insurance market could be set for a wave of domestic and cross-border mergers and acquisitions. http://on.ft.com/15JGkT7 Ukraine's richest man buys telecoms and 3G monopoly for $1bn Rinat Akhmetov, Ukraine's richest man, is buying his country's fixed-line telecom monopoly and its only 3G mobile internet license for an estimated $1bn. The acquisition of Ukrtelecom from EPIC, an Austrian investment group, raises fresh concerns about how much of the nation's wealth is being concentrated in one man's hands. http://on.ft.com/12tJhtH Latvia set to join eurozone next year Brussels has given the green light to Latvia to become the 18th country to adopt the euro, despite concerns at the European Central Bank about the country's economic outlook. http://on.ft.com/18XtIM0 Emerging Markets MSCI Emerging Market Index down -0.49% at 986.52 Europe FTSE down +0.09% at 6,425 RTS up +0.01% at 1,301 Warsaw Wig up +0.01% at 47,809 FTSE 300 Eurotop up +0.26% at 1,196 Americas DJIA down -1.43% at 14,961 S&P 500 down -1.38% at 1,609 Bovespa down -2.26% at 52,799 Asia Nikkei 225 down -0.85% at 12,904 Topix down -1.77% at 1,071 Hang Seng down -1.05% at 21,838 Shanghai Composite down -1.27% at 2,242 MSCI Asia ex-Japan down -0.88% at 454.39 CNX Nifty down -0.04% at 5,921 Currencies €/$ 1.31 (1.31) $/¥ 99.07 (99.06) Commodities Brent Crude (ICE) down -0.02 at 103.02 Light Crude (Nymex) up +0.51 at 94.25 100 Oz Gold (Comex) up +1.00 at 1,399 |