* Shanghai lines up first foreign hedge fund entrants
* Delhi rape case attackers sentenced to hang
* Protests return to Turkey as fears grow of social divisions
* Bayer under investigation in China
* China seeks cut in coal usage to boost air quality
* Elite Syrian unit scatters chemical arms stockpile
* First domestic pharmaceutical group caught up in China probes
* Deutsche Börse plans derivatives clearing house in Asia
* Sun Hung Kai profits fall amid Hong Kong’s property cooling moves
* Egypt’s interim government extends state of emergency
* Founder calls on Ecobank chairman to stand down
* India’s reliance on imported energy threatens long-term recovery
* Markets: down
Shanghai lines up first foreign hedge fund entrants
Six global hedge funds are set to secure the first-ever approval to raise money from institutions within China for investing overseas, a key reform in the opening of the country’s closely guarded capital account.
Delhi rape case attackers sentenced to hang
An Indian fast-track court has sentenced four men to death for the gang-rape and murder of a 23-year-old physiotherapy student on board a moving bus in New Delhi, a vicious attack that prosecutors described as “diabolical”.
Protests return to Turkey as fears grow of social divisions
Protests are once more rippling through Turkey, raising fears of prolonged unrest before local and presidential elections next year and at a time when the economy is coming under pressure.
Bayer under investigation in China
Bayer is being investigated in China over a “potential case of unfair competition”, as foreign pharmaceutical companies continue to come under scrutiny on the mainland.
China seeks cut in coal usage to boost air quality
China has announced measures to reduce its reliance on coal and set earlier targets to control the choking air pollution that is an increasing source of discontent for its citizens.
Elite Syrian unit scatters chemical arms stockpile: “A secretive Syrian military unit at the center of the Assad regime’s chemical weapons program has been moving stocks of poison gases and munitions to as many as 50 sites to make them harder for the U.S. to track, according to American and Middle Eastern officials.”
First domestic pharmaceutical group caught up in China probes
Beijing has taken the first step to extend its probe of pharmaceutical corruption in China to domestic drug companies, with state television broadcasting claims that a Chinese drug company bribed doctors with overseas trips.
Deutsche Börse plans derivatives clearing house in Asia
Deutsche Börse, the German exchange operator, is planning to build a derivatives clearing house in Asia, based in Singapore, as part of a strategic push into the region, two people familiar with the matter said.
Sun Hung Kai profits fall amid Hong Kong’s property cooling moves
The Hong Kong property developer controlled by the family of the billionaire Kwok brothers has posted a double-digit decline in full-year profits, as government measures to dampen prices hit residential demand in the Chinese territory.
Egypt’s interim government extends state of emergency
Egypt’s military-installed interim government has extended a state of emergency for another two months, raising fears of a return to the heavy-handed security practices of the Mubarak era.
Founder calls on Ecobank chairman to stand down
The honorary president and founder of Ecobank Transnational has called on Kolapo Lawson to stand down as chairman amid continuing divisions over alleged mismanagement at the most geographically diverse pan-African bank.
India’s reliance on imported energy threatens long-term recovery
Crisis over? The sharp recovery of the Indian rupee over the past week and the return of foreign investors to the stock market suggest that fears of an Indian balance of payments crisis were overblown.
MSCI Emerging Market Index down -0.52% at 985.30
FTSE up -0.25% at 6,572
RTS down -0.87% at 1,389
Warsaw Wig down -0.38% at 49,582
FTSE 300 Eurotop down -0.14% at 1,246
DJIA down -0.17% at 15,301
S&P 500 down -0.34% at 1,683
Bovespa down -0.49% at 53,307
Nikkei 225 up +0.12% at 14,405
Topix up +0.08% at 1,185
Hang Seng down -0.17% at 22,915
Shanghai Composite down -0.86% at 2,236
MSCI Asia ex-Japan down -0.49% at 459.52
CNX Nifty down 0.00% at 5,851
€/$ 1.33 (1.33)
$/¥ 99.67 (99.54)
Brent Crude (ICE) down -0.25 at 112.38
Light Crude (Nymex) down -0.87 at 107.73
100 Oz Gold (Comex) down -17.20 at 1,313