| * Batista seeks OGX bankruptcy protection * Brazil love affair turns sour for Pimco * Taiwan growth stalls as exports falter * Mexico tax reforms hit obstacles * China set to supply US nuclear plant parts * IMF warns of financial shock risk to Africa * EM investors shun state-controlled stocks * China banks' bad loans point to trouble ahead * China's answer to Craigslist to test US IPO appetite Markets: down Batista seeks OGX bankruptcy protection Filing signals the demise of one of the greatest fortunes built during the emerging markets boom of the first decade of this century http://on.ft.com/HqVqpH Brazil love affair turns sour for Pimco As the largest holder of bonds in Eike Batista's oil company OGX, the US fund manager Pimco faces heartache in Brazil http://on.ft.com/HqVs0x Taiwan growth stalls as exports falter Although the electronics sector is proving resilient there is anxiety that the country's Q3 growth came in much lower than expected as exports slow http://on.ft.com/HgFw0I Mexico tax reforms hit obstacles Senators from National Action Party abandon chamber after failing to win amendments to halt change in sales tax in areas bordering the US http://on.ft.com/HqVtl6 China set to supply US nuclear plant parts Joint venture between Westinghouse and SNPTC is part of a bilateral co-operation agreement, and could lead to them tendering for a UK project http://on.ft.com/HqVs0z IMF warns of financial shock risk to Africa The International Monetary Fund has for the first time warned that sub-Saharan African countries are becoming "increasingly vulnerable to global financial shocks" as they intensify their reliance on foreign investors. http://on.ft.com/HtBuTf EM investors shun state-controlled stocks Asset managers fear government tampering with state-owned companies, but valuations are now looking good compared with consumer-related stocks http://on.ft.com/HgFvK8 China banks' bad loans point to trouble ahead China's state-owned banks reported healthy profit growth in the third quarter, but big increases in loan impairments and decreases in their cushions to absorb losses pointed to accumulating stresses in the country's financial system. http://on.ft.com/1itZYa4 China's answer to Craigslist to test US IPO appetite The door is not exactly being kicked wide open, but after two years of accounting scandals and critical reports from shortsellers, Chinese companies are slowly making their way back to Wall Street. http://on.ft.com/HqYPVm Emerging Markets MSCI Emerging Market Index down -0.65% at 1,036 Europe FTSE down -0.38% at 6,752 RTS down -0.89% at 1,480 Warsaw Wig down -0.34% at 53,913 FTSE 300 Eurotop up +0.02% at 1,288 Americas DJIA down -0.39% at 15,619 S&P 500 down -0.49% at 1,763 Bovespa down -0.67% at 54,173 Asia Nikkei 225 down -1.20% at 14,328 Topix down -0.85% at 1,194 Hang Seng down -0.42% at 23,206 Shanghai Composite down -0.87% at 2,142 MSCI Asia ex-Japan down -0.61% at 483.27 CNX Nifty up +0.76% at 6,299 Currencies €/$ 1.37 (1.37) $/¥ 98.20 (98.49) Commodities Brent Crude (ICE) down -0.10 at 109.76 Light Crude (Nymex) down -0.08 at 96.69 100 Oz Gold (Comex) down -15.00 at 1,334 |