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Financial Times
beyondbrics



London headlines

* Foxconn admits student labour violations

* India in talks to gain entry to benchmark indexes for emerging market debt

* Pakistan plagued by politics and power cuts

* Netanyahu warns UK on Iran ties

* America's retreat threatens China's rise

* US agrees nuclear power deal with Vietnam

* China is the biggest danger to EM rally

* Carlsberg spreads bets beyond Russia

* Sinopec raises €550m from euro bond sale

* Markets: up

Foxconn admits student labour violations
Electronics manufacturer acknowledges that some student interns worked overtime and night shifts at one of its factories in northeast China
http://on.ft.com/19EgEMB

"India is talking with JP Morgan and others to gain entry to benchmark indexes for emerging market debt in hopes of attracting billions of dollars in investment and may ease some restrictions on foreign inflows in order to do so, sources said."
http://reut.rs/1fnlOPk

Pakistan plagued by politics and power cuts
Despite an increase in terrorism, security is not the biggest problem for investors with a lack of transparency and corruption hampering deals
http://on.ft.com/19EgFjv

Netanyahu warns UK on Iran ties
Prime Minister Benjamin Netanyahu urges Britain to insist that Tehran recognise Israel and 'stop calling for its annihilation' before restoring ties
http://on.ft.com/19EgFjw

America's retreat threatens China's rise
Just as the US is scaling back its provision of global security, so it is taking a more hard-edged view of its role as guarantor of the open economic system
http://on.ft.com/19EgEMD

US agrees nuclear power deal with Vietnam
US secretary of state John Kerry signs an agreement that will allow US companies to sell nuclear power knowhow to former wartime foe
http://on.ft.com/19EgEME

China is the biggest danger to EM rally
US rate increases will impact on emerging markets but they face another risk that they have not had to contend with before: slowing growth in China
http://on.ft.com/19EgFjz

Carlsberg spreads bets beyond Russia
Russia accounts for about 30% operating profit at Danish brewer, so recent crackdown on alcohol by Putin's government means expansion elsewhere is key
http://on.ft.com/17q28RK

Sinopec raises €550m from euro bond sale
Sinopec becomes the second state-owned group to raise money in the euro bond market, as the country seeks to lower its reliance on the dollar
http://on.ft.com/17q2bgw

Emerging Markets
MSCI Emerging Market Index up +0.83% at 1,022

Americas
DJIA up +2.18% at 15,126
S&P 500 up +2.18% at 1,693
Bovespa up +0.85% at 52,997

Asia
Nikkei 225 up +1.57% at 14,418
Topix up +1.72% at 1,198
Hang Seng up +1.25% at 23,239
Shanghai Composite down -0.94% at 2,191
MSCI Asia ex-Japan up +1.16% at 552.45
CNX Nifty up +0.59% at 6,056

Currencies
€/$ 1.35 (1.35)
$/¥ 98.46 (98.15)

Commodities
Brent Crude (ICE) down -0.11 at 111.69
Light Crude (Nymex) down -0.19 at 102.82
100 Oz Gold (Comex) down -5.00 at 1,292

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