| * Argentina's 'holdout' creditors fight on * US warns TPP deal could miss deadline * Markets edgy as US shutdown continues * Head surgery for Argentina's Fernández * London increases share of global renminbi trade * Young Chinese shun factories for 'easy' jobs * 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 US warns TPP deal could miss deadline Despite progress made in recent days the 12-nation trade pact might not be agreed as scheduled by year-end says US trade representative Mike Froman http://on.ft.com/1b6JgeL 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 London increases share of global renminbi trade London is strengthening its position as a global hub for offshore renminbi, as new market players drive a rapid rise in international trading of the Chinese currency. http://www.ft.com/intl/cms/s/0/7ccd3b2a-2fc8-11e3-8b7e-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 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-$3bn by the end of 2014 http://www.ft.com/cms/s/0/672a7b1c-2f4a-11e3-8cb2-00144feab7de.html Emerging Markets MSCI Emerging Market Index up +0.46% at 1,009 Europe FTSE down -0.80% at 6,386 RTS up +0.54% at 1,452 Warsaw Wig down -0.48% at 50,098 FTSE 300 Eurotop down -0.50% at 1,235 Americas DJIA down -0.90% at 14,936 S&P 500 down -0.85% at 1,676 Bovespa down -0.82% at 52,417 Asia Nikkei 225 up +0.30% at 13,895 Topix up +0.22% at 1,150 Hang Seng up +0.89% at 23,179 Shanghai Composite up +1.08% at 2,198 MSCI Asia ex-Japan up +0.66% at 464.33 CNX Nifty up +0.38% at 5,928 Currencies €/$ 1.36 (1.36) $/¥ 97.05 (96.69) Commodities Brent Crude (ICE) up +0.98 at 110.66 Light Crude (Nymex) up +0.86 at 103.89 100 Oz Gold (Comex) down -2.90 at 1,322 |