London morning headlines


If this email is not displayed correctly, please click on the following link or open your browser and
paste the link into the address field: http://view.ed4.net/v/19JYUU/B4A8GL/30AYPKH/PRAK1O/

Financial Times
beyondbrics



London headlines

* Argentina's 'holdout' creditors fight on

* Young Chinese shun factories for 'easy' jobs

* Markets edgy as US shutdown continues

* Head surgery for Argentina's Fernández

* World Bank raises Africa growth forecast

* Vodafone aims to raise Indian unit stake

* IMF warns Fed of QE exit 'spillovers'

* Nigeria's politicians boost dollar demand

* Amazon lines up Polish distribution hubs

* India rolls back emergency bank measures

* Blueprint for Azul updated for Brazil

* Serbia seeks billions in loans from UAE

* Markets: up

Argentina's 'holdout' creditors fight on
US Supreme Court declined to consider an appeal to reverse a ruling by an appeals court that had ordered the country to pay 'holdouts' in full
http://www.ft.com/cms/s/0/3e3d9046-2f94-11e3-8b7e-00144feab7de.html

Young Chinese shun factories for 'easy' jobs
Terry Gou, the founder of Foxconn, best known for assembling Apple gadgets, says latest generation prefers to work in services or internet jobs
http://www.ft.com/cms/s/0/6f1576be-2f5a-11e3-8cb2-00144feab7de.html

Markets edgy as US shutdown continues
Equity markets and the dollar come under pressure as the partial US government shutdown weighs, while a stronger yen helps drag down the Nikkei
http://www.ft.com/cms/s/0/87c7e75a-2f00-11e3-be22-00144feab7de.html

Head surgery for Argentina's Fernández
President will have operation just three weeks before midterm elections when her ruling government coalition is expected to suffer heavy losses
http://www.ft.com/cms/s/0/96f95658-2f7f-11e3-8b7e-00144feab7de.html

World Bank raises Africa growth forecast
Some African countries are expected to remain among fastest growing in the world, but World Bank warns governments are not doing enough to cut poverty
http://www.ft.com/cms/s/0/493b9a4c-2f5d-11e3-ae87-00144feab7de.html

Vodafone aims to raise Indian unit stake
UK-based telecoms group aims to use the funds to buy out minority sharehodlers as it takes advantage of new foreign investment rules
http://www.ft.com/cms/s/0/b6d3bdec-2f57-11e3-8cb2-00144feab7de.html

IMF warns Fed of QE exit 'spillovers'
Policy paper casts a cloud over the recent recovery in emerging markets, fearing capital flow reversals and rising borrowing costs when Fed ends stimulus
http://www.ft.com/cms/s/0/b367868e-2f66-11e3-8cb2-00144feab7de.html

Nigeria's politicians boost dollar demand
Politicians' preference for distributing US currency before 2015 presidential election prompts central bank to keep interest rates at 12 per cent
http://www.ft.com/cms/s/0/78ce68f4-2f2e-11e3-8cb2-00144feab7de.html

Amazon lines up Polish distribution hubs
The online retailer, which is in a pay dispute with its German employees, aims to build three centres over the border in low-cost Poland
http://www.ft.com/cms/s/0/68ff6d8a-2f4f-11e3-ae87-00144feab7de.html

India rolls back emergency bank measures
Reserve Bank of India cuts short-term rate at which financial institutions conduct stopgap borrowing from the central bank, as pressures on rupee ease
http://www.ft.com/cms/s/0/4ea4443a-2f61-11e3-ae87-00144feab7de.html

Blueprint for Azul updated for Brazil
When David Neeleman launched an airline in the country of his birth he adapted for local conditions a strategy that he had used in the US
http://www.ft.com/cms/s/0/1a92a12c-1bbc-11e3-b678-00144feab7de.html

Serbia seeks billions in loans from UAE
Gulf state expected to provide $1bn on 'favourable terms' this year, with further loans taking the total to $2bn-$3bn by the end of 2014
http://www.ft.com/cms/s/0/672a7b1c-2f4a-11e3-8cb2-00144feab7de.html

Emerging Markets
MSCI Emerging Market Index up +0.27% at 1,007

Americas
DJIA down -0.90% at 14,936
S&P 500 down -0.85% at 1,676
Bovespa down -0.82% at 52,417

Asia
Nikkei 225 up +0.06% at 13,861
Topix up +0.03% at 1,148
Hang Seng up +0.97% at 23,197
Shanghai Composite up +0.68% at 2,175
MSCI Asia ex-Japan up +0.53% at 545.33
CNX Nifty up +0.90% at 5,959

Currencies
€/$ 1.36 (1.36)
$/¥ 96.93 (96.69)

Commodities
Brent Crude (ICE) down -0.26 at 109.42
Light Crude (Nymex) down -0.10 at 102.93
100 Oz Gold (Comex) up +1.70 at 1,327


Advertisement

Tools
Your account Portfolio
Email Briefings Price alerts
Keyword alerts RSS feeds
© THE FINANCIAL TIMES LTD 2009
ABOUT THIS EMAIL You have received this email because you have signed up from the NBE preference page on FT.com
Change Briefings UnsubscribeChange Email AddressForward this email to a friendPrivacy Policy About UsHelp
The Financial Times Limited, registered in England and Wales number 227590. Registered office: Number One Southwark Bridge, London SE1 9HL. VAT number GB 278 5371 21.