| * Asia mirrors US gains ahead of Fed decision * Car strikes hit S Korean industrial output * A digital currency could transform Africa * Russia warns Ukraine on gas supplies * WTO rules against China on rare earths * Creditors fear being left with nothing after OGX gas sell-off * India equities enjoy stunning rebound Markets: mostly up Asia mirrors US gains ahead of Fed decision Asian bourses followed US stocks higher after blue chips led the S&P 500 and the Dow Jones Industrial Average to fresh record highs. Trading is often quiet just ahead of Federal Reserve meetings, but analysts and investors are increasingly confident that the Fed, when it releases a monetary policy statement later on Wednesday, will push back the timeline for "tapering" its stimulative bond-buying programme into 2014. http://on.ft.com/17X8BEY Car strikes hit S Korean industrial output Disruption at Hyundai and Kia contributed to a fall in industrial production of 2.1% in September highlighting the fragile nature of the country's economic recovery http://on.ft.com/1dnYGNn A digital currency could transform Africa The continent can take a leap into a dynamic new future with a technology that will raise standards of performance and transparency http://on.ft.com/1dnYFcr Russia warns Ukraine on gas supplies Gazprom warns cash-strapped Kiev it must rapidly pay off $900m overdue bill or face shift to prepayment for future supplies http://on.ft.com/1dnYGNr WTO rules against China on rare earths The case, brought by Japan, the US and Europe, came after a rise in tensions between China and Japan in 2010 highlighted China's control of the trade http://on.ft.com/1dnYGNs Creditors fear being left with nothing after OGX gas sell-off It was the announcement investors in Eike Batista's troubled oil company OGX had been dreading. On Monday, creditor banks of the Brazilian tycoon struck a private deal to sell off OGX's natural gas business. http://on.ft.com/1aRBnb6 India equities enjoy stunning rebound "Crisis? What crisis?" This seems to be the new motto for Indian markets. Stocks have built on a startling recovery, shrugging off a period of currency freefall and capital flight that had threatened to turn into a full-fledged crisis. http://on.ft.com/1aGo00M Emerging Markets MSCI Emerging Market Index up +0.07% at 1,037 Americas DJIA up +0.72% at 15,680 S&P 500 up +0.56% at 1,772 Bovespa down -0.97% at 54,539 Asia Nikkei 225 up +0.85% at 14,448 Topix up +0.81% at 1,203 Hang Seng up +0.82% at 23,034 Shanghai Composite up +0.81% at 2,146 MSCI Asia ex-Japan up +0.33% at 556.52 CNX Nifty up +0.19% at 6,233 Currencies €/$ 1.37 (1.37) $/¥ 98.14 (98.17) Commodities Brent Crude (ICE) down -0.20 at 108.81 Light Crude (Nymex) down -0.43 at 97.77 100 Oz Gold (Comex) down -1.60 at 1,344 |