| * Russia's Navalny receives suspended sentence * China banks pry open Hong Kong IPO window * $1bn port deal is lifeline for Batista * Access to markets signals Beijing's resolve * Asia subdued as US fiscal deal remains elusive * Danone pays price for baby milk recall * Yahoo to keep more than half Alibaba stake * Obama's absence boosts China trade deal Markets: down Russia's Navalny receives suspended sentence
Russian opposition leader Alexei Navalny has had a five-year prison sentence reduced to a suspended sentence in an embezzlement trial
http://on.ft.com/1bxSlxv China banks pry open Hong Kong IPO window
Three midsized Chinese lenders plan to raise money in Hong Kong as better economic data and shift in investment pry open listings window shut since June
http://on.ft.com/1cssqbp $1bn port deal is lifeline for Batista
Trafigura and investment fund Mubadala agree to pay $400m for a 65% stake in Porto Sudeste, an iron ore port
http://on.ft.com/16eSNgs Access to markets signals Beijing's resolve
China has granted UK-based institutions an Rmb80bn (£8.2bn) quota to invest in Chinese securities, in an expansion of the Rmb270bn RFQII
http://on.ft.com/16eSNgw Asia subdued as US fiscal deal remains elusive
Nervousness about the US budget impasse kept Asian markets subdued as a deal to end the government shutdown and raise the debt ceiling continued to prove elusive.
http://on.ft.com/1crm38n Danone pays price for baby milk recall
Danone, the French dairy producer, has lowered full-year targets after reporting that the fallout from a recall of baby milk products in Asia had a bigger impact than expected
http://on.ft.com/1eqezmT Yahoo to keep more than half Alibaba stake
Yahoo will retain more than half its stake in Alibaba when the Chinese ecommerce site goes public, after agreeing a new deal that will see it sell just 40 per cent of its shares in the much-awaited initial public offering.
http://on.ft.com/1hUyt9n Obama's absence boosts China trade deal
US president's failure to attend the Apec summit has bolstered the profile of China's RCEP trade agreement, a rival to the US-led partnership
http://on.ft.com/16JL5yB Emerging Markets
MSCI Emerging Market Index down -0.20% at 1,028 Europe
FTSE up -0.60% at 6,510
RTS up +0.25% at 1,499
Warsaw Wig down -0.03% at 52,575
FTSE 300 Eurotop down -0.52% at 1,257 Americas
DJIA down -0.87% at 15,168
S&P 500 down -0.71% at 1,698
Bovespa up +1.50% at 54,981 Asia
Nikkei 225 up +0.18% at 14,467
Topix down -0.06% at 1,197
Hang Seng down -0.46% at 23,228
Shanghai Composite down -1.81% at 2,193
MSCI Asia ex-Japan down -0.34% at 475.78
CNX Nifty down -0.39% at 6,089 Currencies
€/$ 1.35 (1.35)
$/¥ 98.31 (98.10) Commodities
Brent Crude (ICE) down -0.10 at 109.86
Light Crude (Nymex) up +0.04 at 101.25
100 Oz Gold (Comex) up +7.60 at 1,281 | 
