| * China: Foreign values * Shutdown is just part of life in Lebanon * Emerging markets rebuild forex reserves * EU to resume membership talks with Turkey * LSE joins race for $60bn Alibaba listing * South Korean stocks win favour abroad * Asia-Pacific bourses follow US higher on QE hopes * Rift between India's business leaders and its government widens * Markets: mixed China: Foreign values Consumers in the world's most populous nation favour overseas fashion and electronics brands, which erodes Beijing's attempts to boost domestic profits http://www.ft.com/cms/s/0/25b2f9f0-37cb-11e3-a493-00144feab7de.html Shutdown is just part of life in Lebanon The Lebanese are a resilient lot, with an unhealthily high tolerance of chaos. But today's crisis is different http://www.ft.com/cms/s/2/ebf98ee0-3a7c-11e3-b234-00144feab7de.html Emerging markets rebuild forex reserves Ten economies erase losses that totalled $40bn between April and July while China adds $163bn to bring its stock of reserves to a record http://www.ft.com/cms/s/0/60230e24-3b2f-11e3-a7ec-00144feab7de.html EU to resume membership talks with Turkey Negotiations were postponed in June amid concern about Ankara's heavy-handed response to the protests that broke out across the Turkey http://www.ft.com/cms/s/0/4de2c362-3b20-11e3-87fa-00144feab7de.html LSE joins race for $60bn Alibaba listing Company's executives met UK officials in Hong Kong last week as part of the visit by the mayor of London, say people familiar with the events http://www.ft.com/cms/s/0/7ef904f6-3b03-11e3-87fa-00144feab7de.html South Korean stocks win favour abroad Foreign investors target a market – with $1.1bn put into it last week alone – that is tightly linked to economic recovery in China, Europe and the US http://www.ft.com/cms/s/0/3dadadba-3ad8-11e3-87fa-00144feab7de.html Asia-Pacific bourses follow US higher on QE hopes Asia-Pacific equity markets were following US bourses higher after the weak US jobs report propelled hopes that easy money policies will be extended. http://on.ft.com/162iOma Rift between India's business leaders and its government widens Pity the titans of corporate India. Just a few years ago, the country's leading industrialists were lauded at home and admired abroad as custodians of one of the emerging world's most impressive growth stories. http://on.ft.com/H01IMj Emerging Markets MSCI Emerging Market Index down -0.01% at 1,045 Americas DJIA up +0.49% at 15,468 S&P 500 up +0.01% at 1,745 Bovespa up +0.68% at 56,460 Asia Nikkei 225 down -0.62% at 14,622 Topix down -0.79% at 1,205 Hang Seng up +0.14% at 23,349 Shanghai Composite down -1.17% at 2,185 MSCI Asia ex-Japan up +0.05% at 559.58 CNX Nifty up +0.12% at 6,210 Currencies €/$ 1.38 (1.38) $/¥ 97.72 (98.13) Commodities Brent Crude (ICE) down -0.15 at 109.82 Light Crude (Nymex) down -0.38 at 97.92 100 Oz Gold (Comex) unchanged 0.00 at 1,343 |