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Financial Times
beyondbrics



New York headlines

* Franklin Templeton takes $5bn Ukraine debt gamble

* Bloomberg quashes report to stay in China

* China's love affair with online shopping

* Local currency bond market given revamp

* Hopu fund bets on natural resources

* Japanese companies look to Taiwan

* Culture clash key to Cooper Tire stalemate

* Zhaikmunai plans to change name

* Philippines struggles with typhoon legacy

Markets: mixed

Franklin Templeton takes $5bn Ukraine debt gamble
Franklin Templeton, a big US money manager known for astute but aggressive bets in the sovereign debt market, has emerged as the dominant bankroller of Ukraine despite the country teetering on the edge of an economic crisis.
http://on.ft.com/16TmB5A

Bloomberg quashes report to stay in China
Bloomberg News has been accused of quashing a story that alleges financial ties between China's richest man and relatives of top Chinese Communist party officials because of fears that the government would prevent it from operating in China.
http://on.ft.com/HQ0OlJ

China's love affair with online shopping
Single's day has already broken records for cyber consumption
http://on.ft.com/HPEs4I

Local currency bond market given revamp
Yield-hungry investors interested in taking on risks of EM local currency corporate bonds can now track their performance against a new set of indices
http://on.ft.com/HPEtpk

Hopu fund bets on natural resources
Deal to focus on natural resources, logistics and commodities and will target foreign markets rather than China
http://on.ft.com/17pzzKS

Japanese companies look to Taiwan
More and more Japanese companies see Taiwan as an accessible escape from Japan and a potential bridge to China
http://on.ft.com/17pzzKN

Culture clash key to Cooper Tire stalemate
When Neeraj Kanwar, managing director of India's Apollo Tyres, first met his future joint venture partner, Che Hongzhi, chairman of Chengshan Group, he was baffled by the encounter.
http://on.ft.com/HImlNu

Zhaikmunai plans to change name
Kazakhstan-based group to hold special meeting in Amsterdam later this month to consider options ahead of a possible listing in London
http://on.ft.com/17pzzux

Philippines struggles with typhoon legacy
The country is battling with the aftermath of the world's most powerful typhoon this year, which is thought to have affected 9.5m people
http://on.ft.com/17pzzKO

Emerging Markets
MSCI Emerging Market Index down -0.05% at 994.85

Europe
FTSE up +0.25% at 6,725
RTS down -0.10% at 1,434
Warsaw Wig down -0.89% at 53,305
FTSE 300 Eurotop up +0.15% at 1,297

Americas
DJIA up +1.08% at 15,762
S&P 500 up +1.34% at 1,771
Bovespa down -0.93% at 52,249

Asia
Nikkei 225 up +1.30% at 14,270
Topix up +0.78% at 1,186
Hang Seng up +1.43% at 23,070
Shanghai Composite up +0.16% at 2,109
MSCI Asia ex-Japan down -0.13% at 469.87
CNX Nifty down -1.01% at 6,079

Currencies
€/$ 1.34 (1.34)
$/¥ 99.15 (99.15)

Commodities
Brent Crude (ICE) up +0.52 at 105.64
Light Crude (Nymex) down -0.23 at 94.37
100 Oz Gold (Comex) unchanged 0.00 at 1,285

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