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Financial Times
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New York headlines

* Shell misses market expectations amid trouble in Nigeria

* Zimbabwe election: police warn against leaking early results

* Emerging Stocks Halt Six-Day Drop on China Data; Danamon Slumps

* Chinese manufacturing data mixed in July

* DBS bid for Indonesia's Danamon collapses

* Police ordered to disperse Cairo protest camps

* Latin American countries rail against IMF over Greek bailout

* Lacklustre GDP data push Ukraine towards fresh IMF bailout

* India plans liberalisation measures to boost capital inflows

Markets: up

Shell misses market expectations amid trouble in Nigeria
Royal Dutch Shell reported "disappointing" second-quarter profits of $4.6bn, well below market expectations, reflecting currency effects, rising costs and the worsening situation in Nigeria.
http://on.ft.com/12I0gIk

Zimbabwe election: police warn against leaking early results
Zimbabwe police vowed to crack down on any attempts to leak early results from Wednesday's poll, complicating plans by some civic groups to pre-empt official announcements by the country's election commission.
http://on.ft.com/12HUCGf

Emerging Stocks Halt Six-Day Drop on China Data; Danamon Slumps
Emerging-market stocks rose for the first time in seven days as Chinese manufacturing unexpectedly strengthened and higher oil prices boosted producers. Anhui Conch Cement Co. (914) and Aluminum Corp. of China gained more than 2 percent in Hong Kong. OAO Rosneft, Russia's largest oil producer, climbed the most in almost three weeks in Moscow after crude advanced for a second day. PT Bank Danamon Indonesia (BDMN) plunged the most since 2009 in Jakarta after DBS Group Holdings Ltd. ended a $6.5 billion bid to control the lender.
http://bloom.bg/15e574v

Chinese manufacturing data mixed in July
An official measure of manufacturing activity in China showed a slight expansion in July, defying expectations that growth had turned negative last month. However, a separate, independent survey published at the same time by HSBC showed a "marked deterioration of business conditions faced by Chinese manufacturers."
http://on.ft.com/17V0R7I

DBS bid for Indonesia's Danamon collapses
The largest attempted bank takeover in Asia for at least two years collapsed on Wednesday after DBS, Singapore's largest bank by assets, said it would walk away from a planned S$9.1bn (US$7.1bn) purchase of a controlling stake in Indonesia's Bank Danamon after hitting regulatory barriers in Jakarta.
http://on.ft.com/18MRA2H

Police ordered to disperse Cairo protest camps
The government in Egypt has authorised police to take "all necessary measures" to disperse two large Islamist protest camps in Cairo, raising the possibility of fresh bloodshed that could further undermine the chance of national reconciliation.
http://on.ft.com/15vX4xt

Latin American countries rail against IMF over Greek bailout
Brazil's representative to the International Monetary Fund's executive board abstained from approving the fund's new €1.8bn contribution to Greece this week and issued a stinging criticism, arguing that Athens might be unable to repay its rescue loans.
http://on.ft.com/15vdh67

Lacklustre GDP data push Ukraine towards fresh IMF bailout
Ukraine's economy contracted 1.1 per cent in the second quarter, year on year, according to government figures that add impetus to the government's bid to seek further assistance from the International Monetary Fund.
http://on.ft.com/17V14YP

India plans liberalisation measures to boost capital inflows
India's Congress-led government is considering a sovereign bond issue and liberalising overseas borrowing rules for companies and foreign direct investment rules, to ensure sufficient foreign capital inflows to finance its current account deficit.
http://on.ft.com/17V1ka9

Emerging Markets
MSCI Emerging Market Index up +0.39% at 951.21

Europe
FTSE up +0.25% at 6,637
RTS up +1.05% at 1,327
Warsaw Wig up +0.99% at 47,392
FTSE 300 Eurotop up +0.64% at 1,216

Americas
DJIA down -0.14% at 15,500
S&P 500 down -0.01% at 1,686
Bovespa down -0.67% at 48,234

Asia
Nikkei 225 up +2.47% at 14,006
Topix up +2.80% at 1,163
Hang Seng up +0.94% at 22,089
Shanghai Composite up +1.77% at 2,029
MSCI Asia ex-Japan up +0.42% at 440.11
CNX Nifty down -0.25% at 5,728

Currencies
€/$ 1.32 (1.33)
$/¥ 98.78 (97.86)

Commodities
Brent Crude (ICE) up +1.53 at 109.23
Light Crude (Nymex) up +1.78 at 106.81
100 Oz Gold (Comex) up +12.00 at 1,324

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