| * Overseas banks fear effects of China rules * Asian equities drift awaiting fresh catalysts * The real threat to India is not the taper * Kim's purge suggests trouble is brewing * Kazakhmys: Never mind the Bozshakol * Record Chinese imports boost iron ore * Nicolás Maduro emerges from Chávez's shadow * Markets: mixed Overseas banks fear effects of China rules Overseas lenders say they would lose a critical source of funding and revenue for their operations under draft restrictions on interbank loans http://on.ft.com/1gl5Q9d Asian equities drift awaiting fresh catalysts A record-high close for the S&P 500 in the US did little to support markets in Asia, which were mostly adrift in the absence of fresh economic data. http://on.ft.com/1jGKgM4 The real threat to India is not the taper India and other emerging markets have plenty of problems. But unless rate rises come back on to the agenda, the taper is unlikely to be chief among them http://on.ft.com/1gl5Q9g Kim's purge suggests trouble is brewing The North Korean's behaviour seems more like that of a spoiled child lacking adult supervision than that of the leader of a state building nuclear weapons http://on.ft.com/1gl5Q9h Kazakhmys: Never mind the Bozshakol The UK-listed, Kazakhstan-based copper miner needs time, and cash, to develop growth projects. Better prospects lie elsewhere http://on.ft.com/1gl5Q9i Record Chinese imports boost iron ore Iron ore remained close to a four-month high following official data that showed record Chinese imports of the steelmaking ingredient. http://on.ft.com/1fe24eC Nicolás Maduro emerges from Chávez's shadow Nicolás Maduro, the Venezuelan president, has pledged to continue his "economic offensive" against private business after the victory of his ruling PSUV in Sunday's local elections strengthened his hand. http://on.ft.com/1ktf3cN Emerging Markets MSCI Emerging Market Index down -0.04% at 1,012 Americas DJIA up +0.03% at 16,026 S&P 500 up +0.18% at 1,808 Bovespa up +0.43% at 51,165 Asia Nikkei 225 down -0.28% at 15,607 Topix up +0.01% at 1,255 Hang Seng down -0.09% at 23,790 Shanghai Composite up +0.17% at 2,242 MSCI Asia ex-Japan down -0.10% at 556.81 CNX Nifty down -0.27% at 6,347 Currencies €/$ 1.38 (1.37) $/¥ 103.25 (103.27) Commodities Brent Crude (ICE) up +0.44 at 109.83 Light Crude (Nymex) up +0.33 at 97.67 100 Oz Gold (Comex) up +5.00 at 1,240 |