| * Indonesia trade deficit hits $2.3bn as inflation soars * Morsi sent for trial over protest deaths * China probes regulator of state companies * Shipbuilding boosts South Korean exports * Manufacturing slump casts further shadow over Indian economy * Global Ports agrees $1.6bn deal for NCC * Hankook poised for first US tyre factory * Asia turns bullish on convertible bonds * Emerging Stocks Rise to 2-Week High on China Data as Lira Gains * Asia PMIs: just one positive * Markets: up Indonesia trade deficit hits $2.3bn as inflation soars The gloom surrounding Indonesia continued to deepen on Monday after southeast Asia's biggest economy posted a record monthly trade deficit and inflation climbed to a four-year high. http://on.ft.com/1e6G7ye Morsi sent for trial over protest deaths Egypt's state prosecutor has sent Mohamed Morsi, the ousted Islamist president, for trial on charges of inciting violence that led to the killing of at least 10 people during protests outside the presidential palace in December. http://on.ft.com/1e6G7yd China probes regulator of state companies China has ratcheted up its anti-corruption campaign with the detention of the chief regulator of state-owned companies, the highest-ranking official to be placed under investigation by the country's new leaders. http://on.ft.com/172FeTA Shipbuilding boosts South Korean exports South Korean exports beat market expectations in August, helped by a tentative recovery in the country's shipbuilding sector and a surge in smartphone sales to the US. http://on.ft.com/172FhyH Manufacturing slump casts further shadow over Indian economy India's manufacturing output contracted sharply in August, prompting economists to warn the country's ailing economy had not reached the bottom of its slowing cycle. http://on.ft.com/172FeTz Global Ports agrees $1.6bn deal for NCC London-listed Global Ports has acquired Russia's National Container Company in a $1.6bn deal that will tie up Russia's two biggest container operators. http://on.ft.com/172FeTB Hankook poised for first US tyre factory Hankook Tire is poised to build its first US plant in a move to bolster its presence in the world's second-largest car market, as the South Korean tyremaker aims to join the ranks of the top five global tyremakers. http://on.ft.com/172FhyG Asia turns bullish on convertible bonds Stock market jitters and rising costs of credit do not sound like good news for companies' funding needs. But convertible bonds are an exception that prosper in such volatile times - and Asian groups are rushing to take advantage. http://on.ft.com/172FeTy Emerging Stocks Rise to 2-Week High on China Data as Lira Gains Emerging-market stocks rose, sending the benchmark index to a two-week high, after a gauge of Chinese manufacturing expanded and lower oil prices boosted shares from India to Turkey. http://bloom.bg/172FhyJ Asia PMIs: just one positive After the recent emerging markets rout, any good news, however slight, is welcome. A quick look at the Asia PMI scorecard shows just one bright spot among several less encouraging numbers, but it's the one that counts: China. http://on.ft.com/1e6G7yc Emerging Markets MSCI Emerging Market Index up +0.74% at 936.42 Europe FTSE down +1.62% at 6,517 RTS up +0.44% at 1,297 Warsaw Wig up +0.93% at 49,325 FTSE 300 Eurotop up +1.80% at 1,217 Americas DJIA down -0.21% at 14,810 S&P 500 down -0.32% at 1,633 Bovespa up +0.17% at 50,008 Asia Nikkei 225 up +1.37% at 13,573 Topix up +1.06% at 1,118 Hang Seng up +2.04% at 22,175 Shanghai Composite up 0.00% at 2,098 MSCI Asia ex-Japan up +1.00% at 435.08 CNX Nifty up +1.44% at 5,551 Currencies €/$ 1.32 (1.32) $/¥ 99.23 (98.13) Commodities Brent Crude (ICE) up +0.22 at 114.23 Light Crude (Nymex) down -0.72 at 106.93 100 Oz Gold (Comex) down -1.10 at 1,395 |