| * Vegetable prices fuel Chinese inflation * US budget impasse weighs on stocks * Urals Energy receives cash approach * Iran draws red line ahead of nuclear talks * Big appetite for new China banking licences * Gulf oil production hits record * India temple stampede kills at least 89 * Croatia food group eyes London listing * Chaebol failures spark rise in bad loans * Markets: mixed Vegetable prices fuel Chinese inflation Higher vegetable prices helped fuel Chinese inflation in September, although price rises for the year are likely to stay rooted below government targets. http://www.ft.com/intl/cms/s/0/4b6f9cd8-3475-11e3-8f1d-00144feab7de.html US budget impasse weighs on stocks Trading remains muted with Tokyo and Hong Kong markets closed for holiday, while investors digest mixed economic readings from China http://www.ft.com/cms/s/0/8e9afd5a-347e-11e3-8f1d-00144feab7de.html Urals Energy receives cash approach Bid for Aim-quoted Russian oil explorer is two-thirds higher than latest closing price and comes amid dissident shareholders' push for board changes http://www.ft.com/cms/s/0/7e81dba4-33fd-11e3-8f1d-00144feab7de.html Iran draws red line ahead of nuclear talks More positively, Iran says it is prepared to negotiate over 'the form, amount, and various levels of [uranium] enrichment' within its atomic programme http://www.ft.com/cms/s/0/e162272e-3420-11e3-8f1d-00144feab7de.html Big appetite for new China banking licences In an attempt to shake up the country's slow-moving financial industry and to create more investment opportunities for the private sector, Chinese regulators have invited companies from across the spectrum to apply for banking licences. http://www.ft.com/intl/cms/s/0/e4b0f142-2fe5-11e3-9eec-00144feab7de.html Gulf oil production hits record Quartet of kingdoms has expanded share of world market as political and social factors have reduced production from a number other members http://www.ft.com/cms/s/0/ebc55606-327b-11e3-91d2-00144feab7de.html Consumer goods: after the party Shares in consumer goods companies have had a great few years, but sentiment has turned against them and they are still looking expensive http://www.ft.com/cms/s/3/a680c85e-3281-11e3-91d2-00144feab7de.html Liam Casey: From County Cork to 'Mr China' The Irish founder of the sourcing business, who set it up 17 years ago with only $20,000 to his name, explains why he finds it impossible not to work hard in China http://www.ft.com/cms/s/0/da6a4e88-31be-11e3-817c-00144feab7de.html India temple stampede kills at least 89 Bridge collapses near remote holy site in central state of Madhya Pradesh, sparking panic among devotees gathered to celebrate Dussehra festival http://www.ft.com/cms/s/0/6451a56a-3403-11e3-af0f-00144feab7de.html Croatia food group eyes London listing Agrokor, which in June snapped up Slovenian retailer Mercator, looks to use the cash raised to make acquisitions in Turkey or Russia http://www.ft.com/cms/s/0/078dc154-2a73-11e3-ade3-00144feab7de.html Chaebol failures spark rise in bad loans Wave of bankruptcies among South Korea's second-tier conglomerates prompts authorities to look at revising rules to allow more creditor supervision http://www.ft.com/cms/s/0/cba71f40-2b40-11e3-a1b7-00144feab7de.html Emerging Markets MSCI Emerging Market Index down -0.13% at 1,022 Europe FTSE up +0.11% at 6,495 RTS down -0.53% at 1,477 Warsaw Wig up +0.13% at 52,298 FTSE 300 Eurotop up +0.01% at 1,251 Americas DJIA up +0.73% at 15,237 S&P 500 up +0.63% at 1,703 Bovespa up +0.29% at 53,150 Asia Nikkei 225 up +1.48% at 14,405 Topix up +1.63% at 1,197 Hang Seng up +1.16% at 23,218 Shanghai Composite up +0.43% at 2,238 MSCI Asia ex-Japan down -0.20% at 472.46 CNX Nifty up +0.27% at 6,113 Currencies €/$ 1.36 (1.35) $/¥ 98.26 (98.56) Commodities Brent Crude (ICE) down -0.89 at 110.39 Light Crude (Nymex) down -0.88 at 101.14 100 Oz Gold (Comex) up +8.10 at 1,276 |