| * Starbucks chief defends China coffee prices * Emerging markets: While the sun shone * Apollo's deal for Cooper Tire hits snag * Simandou stand-off poses Guinea dilemma * BHP Billiton backs away from India * Consortium wins Brazil deepwater oilfield auction * Rough ride in store for EM currencies Markets: mixed Starbucks chief defends China coffee prices
John Culver, who is based in Seattle, said the price of a Starbucks café latte in China was close to and in some cases lower than competitors' prices
http://www.ft.com/cms/s/0/71bafbd2-3ab3-11e3-9243-00144feab7de.html Emerging markets: While the sun shone
Only a few developing nations used their boom years to enact crucial structural reforms
http://www.ft.com/cms/s/0/1bcefd0e-3a2c-11e3-9243-00144feab7de.html Apollo's deal for Cooper Tire hits snag
Trustees of the US group's UK pension scheme might ask regulators to intervene amid concern additional debt would become obligation of Cooper
http://www.ft.com/cms/s/0/2d06f304-3a6a-11e3-9243-00144feab7de.html Simandou stand-off poses Guinea dilemma
Guinea is keen to pursue allegations of BSGR bribery over Simandou, but the legal dispute leaves conundrum for the government and investors
http://www.ft.com/cms/s/0/6f27deac-3686-11e3-aaf1-00144feab7de.html BHP Billiton backs away from India
Anglo-Australian resources group becomes the latest foreign company to scale back or end operations in India in the face of bureaucratic delays
http://www.ft.com/cms/s/0/39ddd7c6-3a1c-11e3-9243-00144feab7de.html Consortium wins Brazil deepwater oilfield auction
A consortium led by Anglo-Dutch oil major Shell, France's Total and PetroChina and its sister company Cnooc, won the bid for Brazil's Libra deepwater oilfield in an auction on Monday.
http://on.ft.com/GYf6QY Rough ride in store for EM currencies
Recent pressure on emerging market currencies has rightfully made headlines. But the broader issue for emerging markets is that such episodes could easily reoccur, or even get worse, over the next few years. This is because, over the past decade, these economies have increasingly pinned their economic hopes to foreign capital flows.
http://on.ft.com/17DCXfz Emerging Markets
MSCI Emerging Market Index down -0.29% at 1,040 Americas
DJIA down -0.05% at 15,392
S&P 500 up +0.65% at 1,745
Bovespa up +1.26% at 56,077 Asia
Nikkei 225 up +0.05% at 14,701
Topix up +0.01% at 1,213
Hang Seng down -0.48% at 23,325
Shanghai Composite down -0.66% at 2,215
MSCI Asia ex-Japan down -0.35% at 558.37
CNX Nifty up +0.15% at 6,214 Currencies
€/$ 1.37 (1.37)
$/¥ 98.30 (98.18) Commodities
Brent Crude (ICE) up +0.04 at 109.68
Light Crude (Nymex) down -0.41 at 98.81
100 Oz Gold (Comex) down -1.80 at 1,314 | 
