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Financial Times
beyondbrics



New York headlines

* Rescuers battle to get aid to Philippines

* Fall of Korean derivatives dogs equities

* UK's China trade push worries rights activists

* Indonesia raises rates to 4-year high

* EM currencies weaken as rally hopes fade

* Domestic politics weigh on Indian foreign policy

* Marks and Spencer shifts focus to India

* India's trade deficit rises to $10.76bn

* IEA warns of future oil supply crunch

* Asia's bankers milk China thirst for dairy

Markets: mixed

Rescuers battle to get aid to Philippines
Conditions are deteriorating 4 days after Typhoon Haiyan sliced through the country, with food running low and rescue workers struggling to reach isolated areas
http://on.ft.com/1dkPitj

Fall of Korean derivatives dogs equities
Tighter regulations from Korean authorities have reduced the effectiveness of the derivatives market as a hedging tool
http://on.ft.com/1dkPk4j

UK's China trade push worries rights activists
David Cameron told a City audience he would be taking a trade mission to China next month as part of his unashamedly "commercial foreign policy"
http://on.ft.com/1chLAiQ

Indonesia raises rates to 4-year high
Bank Indonesia adds another 25 basis points to take rates to a four-year high in an attempt to shore up the rupiah and tackle inflation
http://on.ft.com/1dkPito

EM currencies weaken as rally hopes fade
A rally in the dollar and US Treasuries has closed off opportunities to revive the carry trades popular among EM investors in recent years
http://on.ft.com/1chLA2m

Domestic politics weigh on Indian foreign policy
Foreign minister Salman Khurshid admits the country's boycott of the Commonwealth summit in Sri Lanka is driven by domestic political concerns
http://on.ft.com/1dkPk4r

Marks and Spencer shifts focus to India
High street retailer aims to double its number of stores in the country in an effort to counteract declining sales in parts of the UK business
http://on.ft.com/1chLA2n

India's trade deficit rises to $10.76bn
Renewed gold buying has led to India's trade deficit jumping in October from a two-and-a-half year low in September as the rupee strengthens
http://on.ft.com/1chLAiZ

IEA warns of future oil supply crunch
The International Energy Agency has sounded the alarm about a potential oil supply crunch and higher prices as key Gulf producers delay investment in the face of surging US shale output.
http://on.ft.com/1bm3Oyc

Asia's bankers milk China thirst for dairy
China's rapidly growing thirst for milk products is fuelling a wave of dealmaking, driving up asset prices from New Zealand to Inner Mongolia
http://on.ft.com/1dkPiJI

Emerging Markets
MSCI Emerging Market Index down -0.18% at 991.22

Europe
FTSE down -0.32% at 6,707
RTS up +0.49% at 1,435
Warsaw Wig up +0.46% at 53,550
FTSE 300 Eurotop down -0.52% at 1,292

Americas
DJIA up +0.14% at 15,783
S&P 500 up +0.07% at 1,772
Bovespa up +0.72% at 52,624

Asia
Nikkei 225 up +2.23% at 14,589
Topix up +1.67% at 1,205
Hang Seng down -0.73% at 22,901
Shanghai Composite up +0.82% at 2,127
MSCI Asia ex-Japan down -0.22% at 468.91
CNX Nifty down -1.00% at 6,018

Currencies
€/$ 1.34 (1.34)
$/¥ 99.68 (99.15)

Commodities
Brent Crude (ICE) up +0.33 at 106.73
Light Crude (Nymex) down -0.29 at 94.85
100 Oz Gold (Comex) unchanged 0.00 at 1,281

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