| * Asian bourses weaken after Fed minutes * Reforms to spur China stocks, says Bolton * Bumi revamp misses funding deadline * Mistrust overshadows Iran nuclear talks * China bad loans bound to rise, says ICBC * Russian energy assets: great game * Slovenia struggles to avoid EU bailout Markets: down! Asian bourses weaken after Fed minutes After minutes from the US Federal Reserve suggested a scaling back of its stimulus programme was likely in the "coming months", most Asian indices fell back, although Japanese stocks rose to a six-month high. http://on.ft.com/189WsCR Reforms to spur China stocks, says Bolton UK fund manager Anthony Bolton says China's 'momentous' reforms are the key to reviving foreign investor interest in country's languishing stock market http://on.ft.com/18pFj5U Bumi revamp misses funding deadline The UK-listed miner said it had not received financing agreements needed from chairman Samin Tan, who wants to increase his stake in the company http://on.ft.com/18pFjTC Mistrust overshadows Iran nuclear talks Following earlier shocks and recriminations, the need for an effective inspection regime will be crucial to any deal from the Geneva negotiations http://on.ft.com/18pFjTE China bad loans bound to rise, says ICBC Head of China's biggest bank tells the FT current bad-loan ratio is 'excessively good' and will inevitably rise as riskier lending picks up http://on.ft.com/18pFjTF Russian energy assets: great game Rosneft and Novatek look set to clash over control of Severenergia after Novatek inked a deal with Gazprom Neft to buy Eni's stake in Severenergia http://on.ft.com/18pFj62 Slovenia struggles to avoid EU bailout Primož Kozmus is a Slovenian national hero lionised for tossing a hammer to double Olympic gold. Soon he might be forced to honour his Alpine homeland another way: sacrificing his personal fortune to help avert a eurozone bailout. http://on.ft.com/IghqTO Emerging Markets MSCI Emerging Market Index down -1.10% at 1,008 Americas DJIA down -0.41% at 15,901 S&P 500 down -0.36% at 1,781 Bovespa down -2.35% at 53,033 Asia Nikkei 225 up +1.56% at 15,312 Topix up +0.94% at 1,245 Hang Seng down -0.66% at 23,545 Shanghai Composite down -1.05% at 2,184 MSCI Asia ex-Japan down -1.37% at 546.60 CNX Nifty down -1.18% at 6,051 Currencies €/$ 1.34 (1.34) $/¥ 100.42 (100.02) Commodities Brent Crude (ICE) down -0.39 at 107.67 Light Crude (Nymex) down -0.28 at 93.57 100 Oz Gold (Comex) down -11.20 at 1,247 |