London morning headlines


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Financial Times
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London headlines

* China to rejoin talks to cut IT tariffs

* Cut price of deal, Apollo tells Cooper

* Carmakers target southeast Asian markets

* South African auto employees end strike

* Fernández told to rest after head trauma

* Saudis fear tide of Syria war turning

* France investigates suspicious assets

* China's doctors not among society's elite

* China deal hailed a 'game changer'

* The rupee: the Cinderella of EM currencies?

* Markets: down

Bernard foresees retail consolidation
Former Carrefour head, Daniel Bernard, now Kingfisher chairman, praises UK governance as he makes case for keeping roles of chairman and chief executive separate
http://on.ft.com/17eAV4D

Cut price of deal, Apollo tells Cooper
Indian tyremaker faces says it faces 'significant and unanticipated costs' relating to labour relations and accusing the US company of 'misrepresenting' China JV
http://on.ft.com/17eATts

Carmakers target southeast Asian markets
Global marques with excess capacity are retooling their strategy in southeast Asia and taking bold steps into previously overlooked markets
http://on.ft.com/17eAV4H

South African auto employees end strike
National Union of Metalworkers reaches agreement on a three-year wages deal with manufacturers after four weeks of industrial action
http://on.ft.com/17eAVkU

Fernández told to rest after head trauma
If Argentina's president follows the advice of doctors she will not be able to campaign for her allies ahead of key congressional midterm elections
http://on.ft.com/17eATtt

Saudis fear tide of Syria war turning
There are fears in Riyadh that the conflict in Syria could drag on for more than a decade, draining Saudi coffers and destabilising the region
http://on.ft.com/17eAVkV

France investigates suspicious assets
Assets held by rulers of Gabon, Equatorial Guinea and Congo-Brazzaville examined as well as those held by former leaders of Egypt, Tunisia and Libya
http://on.ft.com/17eAVkW

China's doctors not among society's elite
In most western countries the medical profession guarantees prestige and high salaries but in China doctors are not among society's elite
http://on.ft.com/17eAVkZ

China deal hailed a 'game changer'
Chinese and Hong Kong regulators are poised to grant international fund groups access to domestic investors via a landmark agreement
http://on.ft.com/17eAVl0

The rupee: the Cinderella of EM currencies?
Some investors believe the worst of the currency turmoil is now finally behind them
http://on.ft.com/17eATtB

Emerging Markets
MSCI Emerging Market Index down -0.26% at 1,005

Americas
DJIA up +0.51% at 15,073
S&P 500 up +0.71% at 1,691
Bovespa up +0.68% at 52,849

Asia
Nikkei 225 down -1.01% at 13,883
Topix down -1.16% at 1,150
Hang Seng down -0.73% at 22,969
Shanghai Composite up +0.68% at 2,175
MSCI Asia ex-Japan down -0.39% at 542.58
CNX Nifty down -0.97% at 5,850

Currencies
€/$ 1.36 (1.36)
$/¥ 97.15 (97.46)

Commodities
Brent Crude (ICE) down -0.36 at 109.10
Light Crude (Nymex) down -0.53 at 103.31
100 Oz Gold (Comex) up +3.40 at 1,313

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