| * China unveils measures to boost economy * Bo Xilai to face trial in China on corruption charges * China grants HSBC an onshore renminbi trade licence * Sisi calls for mass protests in Egypt to confront 'terrorism' * Emerging Stocks Decline for Second Day as Turkish Equities Slide * Reserve Bank of India tightening squeezes lenders * IMF pulls support for Argentina's Supreme Court appeal * Ambuja Cements battered by parent's merger plan * Emerging markets take cautious steps to recovery * Peru's Graña y Montero in $413m NYSE debut * Repsol attacks Chevron over 'scandalous' Argentina investment Markets: down China unveils measures to boost economy
China has unveiled measures to boost its sluggish economy, in the strongest indication yet of the leadership's concern about the slowdown and one that also underscores a shift in Beijing's approach to managing its economy.
http://on.ft.com/144uDT3 Bo Xilai to face trial in China on corruption charges
Bo Xilai, the former high-flying Chinese politician whose dramatic purge sparked the most serious political upheaval in the country in decades, was charged on Thursday with several counts of corruption and abuse of office.
http://on.ft.com/12kAh9L China grants HSBC an onshore renminbi trade licence
HSBC has received approval from mainland Chinese regulators to invest renminbi onshore, the latest step in the opening up of China's financial markets to overseas funds.
http://on.ft.com/18EzbbK Sisi calls for mass protests in Egypt to confront 'terrorism'
Egypt's top army officer called on his nation to take to the streets to support the military's efforts to confront "terrorism", in a move condemned as a "call for civil war" by supporters of Mohamed Morsi, the ousted president.
http://on.ft.com/163SxDn Emerging Stocks Decline for Second Day as Turkish Equities Slide
Emerging-market stocks dropped for a second day and currencies weakened as investors weighed prospects for reductions in Federal Reserve stimulus.
http://bloom.bg/16bWQKK Reserve Bank of India tightening squeezes lenders
Indian bank stocks fell heavily again on Wednesday in the aftermath of moves by the Reserve Bank of India to tighten liquidity, hit by concerns about a rise in the cost of funding.
http://on.ft.com/134lheA IMF pulls support for Argentina's Supreme Court appeal
The International Monetary Fund has pulled plans to support Argentina's push for a US Supreme Court review in the country's court battle with creditors. Christine Lagarde, IMF managing director, withdrew her recommendation that the fund file an amicus curiae brief in support of Argentina. The IMF said she took the decision after the US made clear that it would not support the move.
http://on.ft.com/1bLE5E8 Ambuja Cements battered by parent's merger plan
Shares in Ambuja Cements, a Mumbai-listed company controlled by Holcim, a Swiss cement maker, dropped a whopping 15 per cent on Thursday before see-sawing wildly. It was about 12 per cent down in afternoon trading.
http://on.ft.com/18ASak7 Emerging markets take cautious steps to recovery
Emerging markets are re-emerging. Two months on from the big Bernanke crash – when comments from the Federal Reserve chairman touched off a wave of selling from Shanghai to Santiago – investors have recovered some poise.
http://on.ft.com/18CzHqJ Peru's Graña y Montero in $413m NYSE debut
Peru's biggest construction and engineering firm, Graña y Montero, showed the strength of pent-up demand for Latin American stocks on Wednesday with a $413m listing on the New York Stock Exchange.
http://on.ft.com/1c3gspa Repsol attacks Chevron over 'scandalous' Argentina investment
Repsol has launched a blistering attack onChevron for investing in assets expropriated from the Spanish energy company in Argentina, describing the US oil major's actions as "scandalous" and in violation of "the most elementary ethical principles".
http://on.ft.com/12M4Sb9 Emerging Markets
MSCI Emerging Market Index down -0.63% at 960.42 Europe
FTSE up -1.02% at 6,553
RTS down -1.37% at 1,351
Warsaw Wig down -0.74% at 46,489
FTSE 300 Eurotop down -1.09% at 1,201 Americas
DJIA down -0.16% at 15,542
S&P 500 down -0.38% at 1,686
Bovespa down -0.91% at 48,374 Asia
Nikkei 225 down -1.14% at 14,563
Topix down -1.44% at 1,202
Hang Seng down -0.31% at 21,901
Shanghai Composite down -0.60% at 2,021
MSCI Asia ex-Japan down -0.56% at 448.22
CNX Nifty down -1.39% at 5,908 Currencies
€/$ 1.32 (1.32)
$/¥ 99.89 (100.24) Commodities
Brent Crude (ICE) down -0.51 at 106.68
Light Crude (Nymex) down -0.66 at 104.73
100 Oz Gold (Comex) down -1.20 at 1,319 | 
