* China court sentences former party chief Bo Xilai to life in jail
* Emerging markets urged to use Fed tapering delay to boost reforms
* Scores of worshippers killed in Pakistan church bombing
* Kenyan forces fight to rescue hostages in Nairobi
* Hong Kong braced for biggest storm in decades
* Davey looks to drum up Chinese investment into Britain’s future power
* China Flash PMI climbs to six-month high of 51.2
* A US detente with Iran could be game-changing
* Markets: middling
China court sentences former party chief Bo Xilai to life in jail
Disgraced Chinese leader Bo Xilai has been handed a life sentence for bribe-taking, embezzlement and abuse of power in a dramatic end to the most significant political trial in China in more than three decades.
Emerging markets urged to use Fed tapering delay to boost reforms
Emerging markets urgently need to take advantage of an unexpected respite from the US Federal Reserve and prepare for the end of historically loose monetary policies, leading officials and analysts say.
Scores of worshippers killed in Pakistan church bombing
Suicide bombers attacked a Christian church in Pakistan’s northern city of Peshawar on Sunday, killing at least 78 people including children and injuring more than 100 in one of the worst terror attacks on the Christian minority of recent years.
Kenyan forces fight to rescue hostages in Nairobi
Kenya was battling with its worst terrorist attack in more than a decade on Sunday, fighting to free the “many” civilians still trapped inside an upmarket mall in Nairobi where at least 68 people have died.
Hong Kong braced for biggest storm in decades
Typhoon Usagi pummelled Hong Kong with torrential rain and ferocious winds on Sunday evening, as the Chinese territory prepared for the full brunt of the monster storm.
Davey looks to drum up Chinese investment into Britain’s future power
Ed Davey will on Monday begin a 10-day visit to China to drum up inward investment in Britain’s next generation of power stations and offshore wind farms as London is officially taken out of the diplomatic “deep freeze”.
China Flash PMI climbs to six-month high of 51.2: The Markit/HSBC Flash Manufacturing PMI rose to 51.2, ahead of forecasts at 50.9 and better than August’s 50.1 score. Anything above 50 suggests growth. (FastFT)
A US detente with Iran could be game-changing writes David Gardner: Ultimately, a solution depends on whether the US and its allies will allow Iran to enrich uranium under close international invigilation – and what they will do if Israel says No. None of them can be in doubt that Iran is a real player.
MSCI Emerging Market Index up +0.12% at 1,014
DJIA down -1.19% at 15,451
S&P 500 down -0.72% at 1,710
Bovespa down -1.79% at 54,110
Nikkei 225 down -0.16% at 14,742
Topix up +0.29% at 1,219
Hang Seng unchanged 0.00% at 23,503
Shanghai Composite up +0.79% at 2,209
MSCI Asia ex-Japan up +0.17% at 547.69
CNX Nifty down -0.80% at 5,964
€/$ 1.35 (1.35)
$/¥ 99.11 (99.31)
Brent Crude (ICE) down -0.01 at 109.21
Light Crude (Nymex) up +0.02 at 104.77
100 Oz Gold (Comex) down -12.80 at 1,320