| * Asian markets uninspired by Bernanke comments * Fifa questions Brazil as 2014 World Cup host * IMF urges China to implement critical economic reforms * India's private banks suffer after RBI tightens monetary policy * Brazil IPOs: BTG Pactual to the rescue! * Talks to cut tariffs on electronic goods stall * Poland's opposition stages a comeback raising EU concerns * Thai farm subsidy creates rice mountain Markets: down! Asian markets uninspired by Bernanke comments
Asia-Pacific equity markets were forced to look inward after testimony from Federal Reserve chairman Ben Bernanke that contained no real surprises.
http://on.ft.com/17mQNnR Fifa questions Brazil as 2014 World Cup host
Brazil may prove to have been the wrong choice to host next year's World Cup if it cannot get its protest movement under control, Fifa's head said on Wednesday.
http://on.ft.com/17mQRUv IMF urges China to implement critical economic reforms
The International Monetary Fund has warned that time is running short for China to implement critical economic reforms as the government, banks and companies come under mounting strain from rapid and unbalanced growth.
http://on.ft.com/17kU5YG India's private banks suffer after RBI tightens monetary policy
India's private sector banks have proved to be among the country's most resilient companies during its recent economic downturn – but perhaps not for much longer. Tuesday's moves by the Reserve Bank of India to bolster the rupee by tightening liquidity levels in the overall economy, in part by increasing bank borrowing costs, caught the sector by surprise, sending shares sharply down.
http://on.ft.com/18m0fZQ Brazil IPOs: BTG Pactual to the rescue!
BTG Pactual has been tipped as an emerging markets "superbank" after its rapid expansion across Latin America and Africa over the past couple of years. Now the Brazilian investment bank is putting its superhero powers to use in its home market, it appears.
http://on.ft.com/18lHJRc Talks to cut tariffs on electronic goods stall
Negotiations to slash tariffs on a wide range of electronic goods stalled in Geneva after China presented a long list of products that it wanted to be exempted from the deal, jeopardising talks that appeared to be headed for a successful conclusion.
http://on.ft.com/11YQcun Poland's opposition stages a comeback raising EU concerns
The nationalist Law and Justice party of Poland's combative former premier Jaroslaw Kaczynski is making a comeback in opinion polls as growth slows sharply in what has been the European Union's best performing economy since 2008.
http://on.ft.com/15MPuzc Thai farm subsidy creates rice mountain
Europe has had its butter mountain and wine lake. Now the Thai government is sitting on a rice hoard large enough to supply half of global imports for a year – and traders fear a price collapse as it starts to sell.
http://on.ft.com/12woPTl Emerging Markets
MSCI Emerging Market Index down -0.25% at 956.98 Americas
DJIA up +0.12% at 15,471
S&P 500 up +0.28% at 1,681
Bovespa up +1.15% at 47,407 Asia
Nikkei 225 up +1.33% at 14,809
Topix up +0.61% at 1,221
Hang Seng down -0.12% at 21,347
Shanghai Composite down -0.71% at 2,030
MSCI Asia ex-Japan down -0.48% at 516.09
CNX Nifty up +0.31% at 5,992 Currencies
€/$ 1.31 (1.31)
$/¥ 100.07 (99.57) Commodities
Brent Crude (ICE) down -0.08 at 108.53
Light Crude (Nymex) down -0.06 at 106.42
100 Oz Gold (Comex) unchanged 0.00 at 1,278 | 
