| * Investors take stock after three-day surge * OECD cuts global growth forecasts * China reform dividends may disappoint * Restless Chile awaits returning Bachelet * Kerimov sells Uralkali stake to Prokhorov * RBI chief plans 'dramatic' overhaul * Global spending on drugs to exceed $1tn * Citigroup cuts South Korea branches * China banks forced to delay bond issues * Nigeria sees strong growth but oil account fears rise * Markets: mixed Investors take stock after three-day surge
Traders await clues from central banks, with investors hunting for hints on the timing of any 'tapering' of the Fed's asset purchases
http://on.ft.com/I23GNw OECD cuts global growth forecasts
Slowdown in emerging markets, brinkmanship over US debt ceiling and concerns over Fed tapering are blamed for almost half a percentage point cut
http://on.ft.com/1ddGlWP China reform dividends may disappoint
Country may not be hamstrung by a democratic system, but pushing through what the Communist Party grandees are proposing will be tricky and take time
http://on.ft.com/I23H3N Restless Chile awaits returning Bachelet
Expectations are high that former president will be able to push through laws to pacify widespread discontent with high levels of inequality
http://on.ft.com/I23FsX Kerimov sells Uralkali stake to Prokhorov
Prokhorov's purchase of his ally's 21.75% stake is expected to soothe tensions between Russia and Belarus over the potasch cartel dispute
http://on.ft.com/I23FJc RBI chief plans 'dramatic' overhaul
Governor says there will be an expanded role for foreign groups, more licences for domestic private sector institutions and a push to shake up state-backed banks
http://on.ft.com/I23H3P Global spending on drugs to exceed $1tn
Jump comes at a time of growing use of cheaper off-patent generic medicines, predicted to grow from 27% to 36% of global market by 2017
http://on.ft.com/I29A0V Citigroup cuts South Korea branches
The lender has quietly cut the number of its South Korean branches to 196 as revenues from the region suffer
http://on.ft.com/I23H3R China banks forced to delay bond issues
China Development Bank and fellow state policy lender Agricultural Development Bank of China have had to delay or dramatically reduce Chinese bond issues as the impact of a tight onshore credit market begins to be felt
http://on.ft.com/1bLZdZH Nigeria sees strong growth but oil account fears rise
Nigeria's economy expanded at the fastest rate this year in the third quarter, but the country's fiscal situation has deteriorated with the further depletion of the rainy day oil savings account.
http://on.ft.com/IcYmGc Emerging Markets
MSCI Emerging Market Index up +0.21% at 1,027 Europe
FTSE up -0.50% at 6,690
RTS down -0.52% at 1,455
Warsaw Wig down -0.39% at 54,920
FTSE 300 Eurotop down -0.57% at 1,297 Americas
DJIA up +0.09% at 15,976
S&P 500 down -0.37% at 1,792
Bovespa up +1.60% at 54,307 Asia
Nikkei 225 down -0.25% at 15,127
Topix down -0.39% at 1,237
Hang Seng down -0.01% at 23,658
Shanghai Composite down -0.19% at 2,193
MSCI Asia ex-Japan up +0.37% at 477.62
CNX Nifty up +0.23% at 6,203 Currencies
€/$ 1.35 (1.35)
$/¥ 99.85 (99.98) Commodities
Brent Crude (ICE) down -0.07 at 108.40
Light Crude (Nymex) down -0.20 at 92.83
100 Oz Gold (Comex) up +2.00 at 1,274 | 
