New York 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/G8OTZZ/XBU0UH/4CZIPP2/S3MIHV/

Financial Times
beyondbrics



New York headlines

* Stocks fall as US fiscal worries grow

* China's service sector hits six-month high

* Moscow plans 16% share offering of Alrosa

* Australia raises China iron ore import forecast

* Indonesian high court judge arrested

* Central banks joined EM asset sell-off

* Tesco profits hit by Europe weakness

* UniCredit eyes Poland BGZ deal

* Businesses in Nafta push for integration

* Obama cancels part of Asia trip amid crisis

* Thai concerns over growing gold habit

* Tesco clinches deal for China venture

* Markets: up

Stocks fall as US fiscal worries grow
Global equities and the dollar came under pressure from fresh concerns about the US fiscal crisis, although the S&P 500 pared an early decline
http://on.ft.com/1bqBWPg

China's service sector hits six-month high: The non-manufacturing PMI rose to 55.4 in September, up from 53.9 in August. Any reading above 50 indicates expansion. (FastFT)

Moscow plans 16% share offering of Alrosa
Russia gives fresh impetus to its $15bn privatisation programme with plans to sell a stake of the world's largest diamond producer by output
http://on.ft.com/19mwR2Y

Australia raises China iron ore import forecast
In spite of strong demand from China, prices were unlikely to rise excessively because of increased production
http://on.ft.com/19mwR31

Indonesian high court judge arrested
The country's anti-corruption agency has detained Akil Mochtar on suspicion of bribery in the country's latest high-profile graft scandal
http://on.ft.com/1fL8Rjj

Central banks joined EM asset sell-off
The IMF's Cofer data show that central banks' holdings of 'other currencies' in the second quarter of this year fell 30%, from $201.2bn to $172.9bn
http://on.ft.com/19mwR33

Tesco profits hit by Europe weakness
Analyst calls drop in earnings 'atrocious' for UK-based group, which inked a deal with a Chinese group to end its go alone strategy in the country
http://on.ft.com/1bqBWyH

UniCredit eyes Poland BGZ deal
Italy's largest bank by assets, UniCredit, has put in a preliminary offer to buy Poland's Bank BGZ and is considering the long-expected sale of its Ukrainian banking business.
http://on.ft.com/1hmPFE3

Businesses in Nafta push for integration
US, Canadian and Mexican chief executives seek progress in border clearance, regulation and energy security to create a more competitive trade bloc
http://on.ft.com/19mwRji

Obama cancels part of Asia trip amid crisis
First sign that political gridlock in Washington over healthcare reforms, known as 'Obamacare', is creating fallout for administration abroad
http://on.ft.com/1bqBWyI

Indonesia: winning friends and influence
Dramatic economic growth over past decade and changing geopolitical environment have placed Jakarta in strong position to boost global influence
http://on.ft.com/19mwRjj

Thai concerns over growing gold habit
Consumer gold demand in Thailand rose 58 per cent year-on-year in the second quarter of 2013 amid central bank concerns that the rise in demand is being driven by currency speculators
http://on.ft.com/1bqBWyF

Tesco clinches deal for China venture
Following years of losses in China, Tesco pays to remain a minority partner in a supermarket joint venture with China Resources Enterprise
http://on.ft.com/1bqBWPj

Emerging Markets
MSCI Emerging Market Index up +0.97% at 1,008

Europe
FTSE down +0.19% at 6,450
RTS up +0.27% at 1,426
Warsaw Wig up +0.36% at 50,985
FTSE 300 Eurotop up 0.00% at 1,247

Americas
DJIA down -0.39% at 15,133
S&P 500 down -0.07% at 1,694
Bovespa down -0.15% at 53,100

Asia
Nikkei 225 down -0.09% at 14,157
Topix down -0.10% at 1,174
Hang Seng up +1.00% at 23,214
Shanghai Composite up +0.68% at 2,175
MSCI Asia ex-Japan up +1.16% at 462.24
CNX Nifty up +2.24% at 5,910

Currencies
€/$ 1.36 (1.36)
$/¥ 97.72 (97.33)

Commodities
Brent Crude (ICE) up +0.03 at 109.22
Light Crude (Nymex) down -0.18 at 103.92
100 Oz Gold (Comex) down -10.50 at 1,310

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.