| * Fraud investigator linked to GSK held in China * Market for dim sum bonds goes cold * Asia stocks gain on Abe as yen to gold jump amid earnings * Wu and Middelhoff link up for China-focused media venture * Arm of World Bank places big bet on Brazil * India steel in focus as Arcelor and Posco cancel plant projects * Wu and Middelhoff link up for China-focused media venture * Guest post: corruption in China can still be avoided Markets: mixed Fraud investigator linked to GSK held in China
Shanghai police have detained a seasoned British fraud investigator who has previously worked with GlaxoSmithKline, the pharmaceutical company mired in a Chinese bribery and corruption scandal.
http://on.ft.com/12Zmnnd Market for dim sum bonds goes cold
The market for new "dim sum" bonds is suffering its longest barren spell as China's interbank liquidity crunch and concerns over US monetary policy wreak havoc on offshore renminbi debt.
http://on.ft.com/15WlqPu Asia stocks gain on Abe as yen to gold jump amid earnings
Asian stocks advanced, with the regional benchmark snapping a three-day drop, after Japanese Prime Minister Shinzo Abe cemented control of the government in elections. The yen rose against its major peers and gold gained.
http://bloom.bg/15zTAJ2 Wu and Middelhoff link up for China-focused media venture
Bruno Wu, the Chinese media investor, and Thomas Middelhoff, the former Bertelsmann and Arcandor chief executive, are pooling assets with revenues of $1bn-$2bn into a new media and investment joint venture focused on China.
http://on.ft.com/16STJXh Arm of World Bank places big bet on Brazil
The World Bank's private sector arm is betting big on Brazil, defying bearishness among other investors over mass demonstrations in the country and a slowing economy.
http://on.ft.com/15zuaLG India steel in focus as Arcelor and Posco cancel plant projects
It had been on life support for years, but the death notice still attracted plenty of attention as Indian tycoon Lakshmi Mittal confirmed that ArcelorMittal had ditched a plan to build a major steel plant in the eastern state of Orissa, blaming a protracted dispute over land.
http://on.ft.com/134ucsP Wu and Middelhoff link up for China-focused media venture
Bruno Wu, the Chinese media investor, and Thomas Middelhoff, the former Bertelsmann and Arcandor chief executive, are pooling assets with revenues of $1bn-$2bn into a new media and investment joint venture focused on China.
http://on.ft.com/16STJXh Guest post: corruption in China can still be avoided
Media coverage of the GSK bribery probe has many Western companies quaking in their boots about their operations in China. However when it comes to corruption in China, perception isn't necessarily reality. With the right procedures in place, overseas companies can succeed in the country without recourse to graft.
http://on.ft.com/18tFVWl Emerging Markets
MSCI Emerging Market Index up +0.07% at 951.17 Americas
DJIA down -0.03% at 15,544
S&P 500 up +0.16% at 1,692
Bovespa down -0.54% at 47,400 Asia
Nikkei 225 down -0.30% at 14,547
Topix down -0.22% at 1,209
Hang Seng down -0.22% at 21,315
Shanghai Composite down -0.52% at 1,982
MSCI Asia ex-Japan up +0.17% at 515.38
CNX Nifty up +0.20% at 6,042 Currencies
€/$ 1.32 (1.31)
$/¥ 99.98 (100.64) Commodities
Brent Crude (ICE) up +0.13 at 108.20
Light Crude (Nymex) up +0.18 at 108.23
100 Oz Gold (Comex) unchanged 0.00 at 1,293 | 
