| * 'Red director' Bogdanov sticks to old ways * Russian puzzle proves hard to crack * 'Rich country' creditors seek EM lender accord * Forex traders bet on year-end EM rally * GSK China sales plummet 60% since scandal * Heineken hit by emerging market slowdown * Africa economic data: investors fear numbers fail to add up * Myanmar property prices surge as country opens up to investment Markets: down 'Red director' Bogdanov sticks to old ways
The almost pathological privacy of Vladimir Bogdanov is reflected in the Surgutneftegaz's own approach to transparency
http://on.ft.com/1fWyMnm Russian puzzle proves hard to crack
A convoluted ownership structure makes it almost impossible to determine who controls Russia's fourth-largest oil company Surgutneftegaz
http://on.ft.com/1fWyMnq 'Rich country' creditors seek EM lender accord
Two sides meet in Paris amid worries that countries which benefited from debt relief could slide back into difficulty amid access to cheap finance
http://on.ft.com/1fWyMUs Forex traders bet on year-end EM rally
The swing in favour of riskier assets reflects expectations that the US Federal Reserve will now maintain its stimulus programme at least until the start of next year
http://on.ft.com/1fWyMUu GSK China sales plummet 60% since scandal
Pharmaceutical group GlaxoSmithKline says it is committed to China despite sales there falling 60% since a scandal broke over its alleged practices
http://on.ft.com/1fWyMnu Heineken hit by emerging market slowdown
Dutch brewer cuts profit forecast amid reduced beer consumption in key developing countries that is also likely to hit its big sector rivals
http://on.ft.com/1fWyMnv Africa economic data: investors fear numbers fail to add up
Ghana one day went to bed as a poor African country, only to wake up the following morning as a shiny new middle-income nation. A trick by the government? No, the country recalculated the size of its economy in 2010 for the first time in more than a decade, taking into account new growth industries such as telecommunications, and in the process boosted its gross domestic product by 62 per cent overnight.
http://on.ft.com/1agmsdM Myanmar property prices surge as country opens up to investment
Myanmar's emergence as one of the world's great new commercial frontiers has sent property values soaring and triggered fears that all but the largest investors could be priced out of the market.
http://on.ft.com/HfmLv9 Emerging Markets
MSCI Emerging Market Index down -0.23% at 1,031 Americas
DJIA down -0.35% at 15,413
S&P 500 down -0.47% at 1,746
Bovespa down -1.81% at 55,440 Asia
Nikkei 225 down -0.69% at 14,326
Topix down -0.23% at 1,193
Hang Seng down -0.91% at 22,790
Shanghai Composite down -0.24% at 2,178
MSCI Asia ex-Japan down -0.34% at 553.35
CNX Nifty up +0.69% at 6,221 Currencies
€/$ 1.38 (1.38)
$/¥ 97.30 (97.36) Commodities
Brent Crude (ICE) up +0.11 at 107.91
Light Crude (Nymex) up +0.61 at 97.47
100 Oz Gold (Comex) up +0.60 at 1,335 | 
