Markets am: Equities soft as Fed taper decision looms, Cinda off...

 
 
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Thursday December 12 2013
 
 
Markets
 
Equities soft as Fed taper decision looms
 
Equities weaken with risk appetite limited as heightened prospect of support for US budget deal revives Fed taper talk
 
 
 
Cinda off to flying start in Hong Kong
 
Shares in former Chinese bad bank jump 26% on their trading debut, raising about $2.5bn in the city's biggest IPO this year
 
 
India stages dramatic comeback from crisis
 
Politics provided the latest boost as India's benchmark Sensex share index touched a record on Monday in the aftermath of a strong electoral showing by prime ministerial candidate Narendra Modi
 
 
John Wood stumbles after profit warning
 
Europe's main equities markets are in retreat as investors remain cautious and continue to assess the outlook for monetary policy in the US
 
 
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Video
 
Investing wobble risk is less
 

Like an Olympic gymnast the world economy is performing impressively, but balance is crucial. Alex Friedman, global chief investment officer at UBS, tells the FT's John Authers the beam is wide going into 2014 so wobble risk is low, and suggests how different asset classes may fare.

 
 
 
 
 
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