| * Japanese airlines snub China air rules * Watchdog criticises Mexico's rights abuses * Blueprint for reform targets corruption * Putin leans on Kiev as protests persist * Repsol likely to accept $5bn YPF offering * Iran opens contacts with oil groups * Markets: mixed Japanese airlines snub China air rules Japanese airlines, which had initially complied with new Chinese restrictions, are now ignoring Beijing's insistence that they need permission before flying over contested islands http://on.ft.com/18G7QUU Watchdog criticises Mexico's rights abuses Human Rights Watch accuses President Enrique Peña Nieto of failing to stop widespread abuses brought about by Mexico's 'war on drugs' http://on.ft.com/18G7rBY Blueprint for reform targets corruption An agenda aimed at putting China on a sustainable economic footing may cost foreign companies dearly http://on.ft.com/18G7rC2 Putin leans on Kiev as protests persist Russian President Vladimir Putin has delivered a stark reminder to Ukraine of its economic dependence on Moscow http://on.ft.com/18G7rC4 Repsol likely to accept $5bn YPF offering Spanish oil company demands guarantees on how $5bn in compensation will be paid after Argentina indicates it will use government debt http://on.ft.com/18G7rC5 Iran opens contacts with oil groups Iran's oil ministry has opened contacts with western majors as the government of Hassan Rouhani tries to capitalise on progress in nuclear talks and encourage companies to prepare for an eventual lifting of sanctions. http://on.ft.com/IgrBbe Emerging Markets MSCI Emerging Market Index up +0.23% at 1,008 Americas DJIA up 0.00% at 16,073 S&P 500 up +0.01% at 1,803 Bovespa down -1.56% at 51,447 Asia Nikkei 225 down -0.26% at 15,475 Topix down -0.19% at 1,251 Hang Seng up +0.66% at 23,837 Shanghai Composite up +0.92% at 2,203 MSCI Asia ex-Japan up +0.35% at 553.37 CNX Nifty down -0.16% at 6,050 Currencies €/$ 1.36 (1.36) $/¥ 101.57 (101.28) Commodities Brent Crude (ICE) up +0.09 at 110.97 Light Crude (Nymex) down -0.24 at 93.44 100 Oz Gold (Comex) up +3.80 at 1,245 |