| * GSK admits possible wrongdoing in China * Bumi shares see turbulent return to trading * Market for dim sum bonds goes cold * Emerging Stocks Halt Two-Day Decline as Material Shares Advance * S Korea: new gold trading platform may lack sparkle * Nigerian state governor steps up dispute with Goodluck Jonathan * 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 Markets: up GSK admits possible wrongdoing in China
GlaxoSmithKline said on Monday that some of its China executives appear to have violated Chinese laws, as the British drugmaker also pledged to reduce its prices in the country amid a high-profile investigation by Chinese police into alleged bribery and corruption.
http://on.ft.com/12GJcgw Bumi shares see turbulent return to trading
Shares in mining group Bumi endured a turbulent return to trading on Monday after a three-month suspension caused by the company's failure to publish its 2012 audited full-year results amid allegations of financial impropriety at an Indonesian subsidiary.
http://on.ft.com/13YnT0q 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 Emerging Stocks Halt Two-Day Decline as Material Shares Advance
Emerging-market stocks rose for the first time in three days as South Korean shipbuilders surged and a rally in gold boosted raw-material producers. Chinese banks fell after policy makers scrapped a floor on lending rates.
http://bloom.bg/15AYANB S Korea: new gold trading platform may lack sparkle
South Korea has announced it plans to set up a gold exchange in 2014 to much fanfare – but analysts warned that it might be poorly timed, given weak demand for bullion amid the global economic slowdown.
http://on.ft.com/1bVYepz Nigerian state governor steps up dispute with Goodluck Jonathan
A Nigerian state governor has accused President Goodluck Jonathan of turning the ruling party into a "one-man show" and of condoning "impunity and authoritarianism" in an effort to ensure re-election in 2015.
http://on.ft.com/15B2R3H 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-$2bn into a new media and investment joint venture focused on China.
http://on.ft.com/16STJXh Emerging Markets
MSCI Emerging Market Index up +0.14% at 951.81 Europe
FTSE down -0.17% at 6,620
RTS up +0.65% at 1,391
Warsaw Wig up +0.17% at 46,480
FTSE 300 Eurotop up +0.03% at 1,209 Americas
DJIA down -0.03% at 15,544
S&P 500 up +0.16% at 1,692
Bovespa down -0.54% at 47,400 Asia
Nikkei 225 up +0.47% at 14,658
Topix up +0.38% at 1,217
Hang Seng up +0.25% at 21,417
Shanghai Composite up +0.61% at 2,005
MSCI Asia ex-Japan up +0.29% at 439.39
CNX Nifty up +0.04% at 6,032 Currencies
€/$ 1.32 (1.31)
$/¥ 99.91 (100.64) Commodities
Brent Crude (ICE) up +0.37 at 108.44
Light Crude (Nymex) up +0.57 at 108.62
100 Oz Gold (Comex) up +28.80 at 1,322 | 
