| * Stocks fall as US fiscal worries grow * China's service sector hits six-month high * Moscow plans 16% share offering of Alrosa * Australia raises China iron ore import forecast * Russia defends its own interests in Syria * Central banks joined EM asset sell-off * Tesco profits hit by Europe weakness * Sociable Indonesia taps into Twitter buzz * Businesses in Nafta push for integration * Obama cancels part of Asia trip amid crisis * Thai concerns over growing gold habit * Tesco clinches deal for China venture * Markets: flat Stocks fall as US fiscal worries grow Global equities and the dollar came under pressure from fresh concerns about the US fiscal crisis, although the S&P 500 pared an early decline http://on.ft.com/1bqBWPg China's service sector hits six-month high: The non-manufacturing PMI rose to 55.4 in September, up from 53.9 in August. Any reading above 50 indicates expansion. (FastFT) Moscow plans 16% share offering of Alrosa Russia gives fresh impetus to its $15bn privatisation programme with plans to sell a stake of the world's largest diamond producer by output http://on.ft.com/19mwR2Y Australia raises China iron ore import forecast In spite of strong demand from China, prices were unlikely to rise excessively because of increased production http://on.ft.com/19mwR31 Russia defends its own interests in Syria Putin's position on the country is primarily about Moscow's place in the world order and who has the right to decide on a military intervention http://on.ft.com/19mwR32 Central banks joined EM asset sell-off The IMF's Cofer data show that central banks' holdings of 'other currencies' in the second quarter of this year fell 30%, from $201.2bn to $172.9bn http://on.ft.com/19mwR33 Tesco profits hit by Europe weakness Analyst calls drop in earnings 'atrocious' for UK-based group, which inked a deal with a Chinese group to end its go alone strategy in the country http://on.ft.com/1bqBWyH Sociable Indonesia taps into Twitter buzz Companies in Southeast Asia's biggest economy are paying tweeters to market products to followers, with some managing whole teams beneath them http://on.ft.com/19mwOUK Businesses in Nafta push for integration US, Canadian and Mexican chief executives seek progress in border clearance, regulation and energy security to create a more competitive trade bloc http://on.ft.com/19mwRji Obama cancels part of Asia trip amid crisis First sign that political gridlock in Washington over healthcare reforms, known as 'Obamacare', is creating fallout for administration abroad http://on.ft.com/1bqBWyI Indonesia: winning friends and influence Dramatic economic growth over past decade and changing geopolitical environment have placed Jakarta in strong position to boost global influence http://on.ft.com/19mwRjj Thai concerns over growing gold habit Consumer gold demand in Thailand rose 58 per cent year-on-year in the second quarter of 2013 amid central bank concerns that the rise in demand is being driven by currency speculators http://on.ft.com/1bqBWyF Tesco clinches deal for China venture Following years of losses in China, Tesco pays to remain a minority partner in a supermarket joint venture with China Resources Enterprise http://on.ft.com/1bqBWPj Emerging Markets MSCI Emerging Market Index up +0.86% at 1,006 Americas DJIA down -0.39% at 15,133 S&P 500 down -0.07% at 1,694 Bovespa down -0.15% at 53,100 Asia Nikkei 225 down -0.16% at 14,147 Topix up +0.12% at 1,177 Hang Seng up +0.97% at 23,207 Shanghai Composite up +0.68% at 2,175 MSCI Asia ex-Japan up +1.04% at 544.08 CNX Nifty up +0.94% at 5,835 Currencies €/$ 1.36 (1.36) $/¥ 97.64 (97.33) Commodities Brent Crude (ICE) down -0.28 at 108.91 Light Crude (Nymex) down -0.40 at 103.70 100 Oz Gold (Comex) unchanged 0.00 at 1,321 |