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Financial Times
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New York headlines

* US shutdown fears weigh on markets

* Indian and Pakistan military leaders to meet

* China manufacturing growth stalls

* S Korea: IP high, but corporate fears remain

* Rosneft makes formal offer for minority investors' TNK-BP stake

* Modi accuses Gandhi dynasty of 'strangling democracy' in India

* Banks cautious on Shanghai free-trade zone

* SWFs turn to emerging markets

* Mexico struggles to stem faltering growth

* Markets: all down (bar Shanghai)

US shutdown fears weigh on markets
With a US government shutdown likely at midnight on Monday and Italy's government on the verge of collapse, a risk-off mood has overtaken markets
http://www.ft.com/cms/s/0/6c1276be-2984-11e3-ab62-00144feab7de.html

Indian and Pakistan military leaders to meet
Senior military leaders in India and Pakistan are to meet in the latest effort to repair a much-violated ceasefire between the two countries
http://www.ft.com/cms/s/0/628f1940-2992-11e3-9bc6-00144feab7de.html

China manufacturing growth stalls
Preliminary PMI data had fuelled optimism that recovery was in full swing after a shaky first half, but final result suggests recovery could falter
http://www.ft.com/cms/s/0/2589b8da-297d-11e3-8d19-00144feab7de.html

S Korea: IP high, but corporate fears remain
South Korea's industrial output hit a nine-month high, adding to investor confidence in the country's recovery. But not everything is rosy about Asia's fourth-largest economy amid growing concerns over corporate financing problems
http://on.ft.com/19b6Ppg

Rosneft makes formal offer for minority investors' TNK-BP stake
Rosneft made a formal offer to buy out TNK-BP minority shareholders on Monday, six months after it signed a deal to buy out TNK-BP's main shareholders.
http://www.ft.com/cms/s/0/7b3f1f30-29a6-11e3-bbb8-00144feab7de.html

Modi accuses Gandhi dynasty of 'strangling democracy' in India
Narendra Modi, prime ministerial candidate of India's Hindu nationalist opposition Bharatiya Janata party, accused the ruling Congress party's powerful Nehru-Gandhi dynasty of "strangling democracy", as he addressed a huge political rally in New Delhi
http://www.ft.com/intl/cms/s/0/a7a70a56-28f2-11e3-ab62-00144feab7de.html

Banks cautious on Shanghai free-trade zone
Slow start for zone contrasts with high expectations for future, with analysts saying it could herald most ambitious push for financial reforms in over a decade
http://www.ft.com/cms/s/0/2181cd44-2906-11e3-ab62-00144feab7de.html

SWFs turn to emerging markets
Sovereigns are looking beyond UK and continental Europe, with some preferring to invest in their home markets to overcome regulatory concerns
http://www.ft.com/cms/s/0/e442c440-2759-11e3-8feb-00144feab7de.html

Mexico struggles to stem faltering growth
A tepid US recovery and catastrophic flooding have hit GDP prospects, but investors remain confident in the president's reform plans
http://www.ft.com/cms/s/0/df5de7dc-28f5-11e3-ab62-00144feab7de.html

Emerging Markets
MSCI Emerging Market Index down -1.06% at 989.27

Europe
FTSE down -0.85% at 6,457
RTS down -0.68% at 1,423
Warsaw Wig down -0.96% at 50,333
FTSE 300 Eurotop down -0.72% at 1,246

Americas
DJIA down -0.46% at 15,258
S&P 500 down -0.41% at 1,692
Bovespa down -0.08% at 53,739

Asia
Nikkei 225 down -2.06% at 14,456
Topix down -1.92% at 1,194
Hang Seng down -1.50% at 22,860
Shanghai Composite up +0.68% at 2,175
MSCI Asia ex-Japan down -1.38% at 465.74
CNX Nifty down -1.68% at 5,735

Currencies
€/$ 1.35 (1.35)
$/¥ 97.77 (98.24)

Commodities
Brent Crude (ICE) down -0.92 at 107.71
Light Crude (Nymex) down -1.44 at 101.43
100 Oz Gold (Comex) up +3.20 at 1,342

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