| * China plenum's pledge of big reforms... * ...but lack of detail hits Asia bourses * S Korea lifts ban on shorting financials * International aid to Philippines builds * South Korea and Russia launch $500m fund * GM overseas office to move to Singapore * India still wary of online shopping * London, Dubai, Kuala Lumpur in three-way fight for Islamic finance crown Markets: down across the board China's pledge of big reforms
China's ruling Communist party pledged a "decisive" role for the market as it outlined sweeping reforms at the close of a conclave intended to map the country's direction for the next decade.
http://on.ft.com/1j2qzv9 Lack of China reform detail hits bourses
Asia's main equity markets soften on a lack of detail on economic reforms after China wraps up a key leadership meeting
http://on.ft.com/HT1kAq S Korea lifts ban on shorting financials
Short selling ban on non-financials lifted in June 2009, although it was temporarily revived in 2011 due to volatility caused by eurozone debt crisis
http://on.ft.com/184wuhR International aid to Philippines builds
President Benigno Aquino says death toll from typhoon Haiyan will be much lower than quoted estimate of 10,000, but thousands remain missing
http://on.ft.com/184wxdr South Korea and Russia launch $500m fund
The two countries will on Wednesday announce a $500m joint fund to stimulate trade and investment links between the two countries, as Vladimir Putin arrives for a one-day visit to Seoul.
http://on.ft.com/17tCrGE GM overseas office to move to Singapore
The US carmaker will shift the bulk of its non-Chinese international operations from Shanghai to Singapore next year, marking a coup for the Asian city-state
http://on.ft.com/184wuhT India still wary of online shopping
Finicky customers like to see what they are buying, but analysts predict that by 2021 internet sales of merchandise could reach $76bn
http://on.ft.com/1btjpiJ London, Dubai, Kuala Lumpur in three-way fight for Islamic finance crown
When the British government said last month it would issue its first Islamic bond, the implications went far beyond the debt market: it was a signal that London will not back down in an escalating tussle among cities for Islamic financial business.
http://reut.rs/1fyz9lo Emerging Markets
MSCI Emerging Market Index down -1.21% at 979.47 Europe
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Hang Seng down -1.91% at 22,464
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CNX Nifty down -0.47% at 5,990 Currencies
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