New York headlines

* Emerging Stocks Rise to 2-Week High as India Banks Offset Syria

* Rajan enters RBI with a big bang

* KNOC looks to sell lossmaking Harvest Energy

* Samsung gets ticking with smartwatch launch

* Usmanov Exits Facebook With Disposal of Mail.ru Stake

* Brazilian exchange shake-up to boost IPOs

* IMF gives green light to $6.6bn Pakistan loan

* Huge Nigerian oil refinery wins backing

* Seoul issues first dollar bond in four years

* Turkey Olympic bid blighted by currency woes and political unrest

* Apple event raises hopes of China Mobile deal

Markets: mainly up

Emerging Stocks Rise to 2-Week High as India Banks Offset Syria
Emerging-market stocks rose to a two-week high as Indian lenders and the rupee rallied on central bank plans to bolster the financial industry. Middle East shares sank and Polish equities fell the most in the world.
http://bloom.bg/14sSuO2

Rajan enters RBI with a big bang
A big package of financial sector reforms has been launched by India’s high-profile new central bank chief as the country battles a currency crisis and slowdown in economic growth.
http://on.ft.com.ezp-prod1.hul.harvard.edu/1dPK10J

KNOC looks to sell lossmaking Harvest Energy
Korea National Oil Corp plans to sell Harvest Energy, its lossmaking Canadian subsidiary, as South Korea’s government steps up a push to restructure debt-laden state-run energy companies by disposing of unprofitable overseas businesses.
http://on.ft.com.ezp-prod1.hul.harvard.edu/1aS2BDi

Samsung gets ticking with smartwatch launch
Samsung Electronics has become the first global mobile computing company to launch a smartwatch, leaping ahead of rivals Apple, Google and Microsoft in the “wearable technology” market.
http://on.ft.com.ezp-prod1.hul.harvard.edu/14YTgWK

Usmanov Exits Facebook With Disposal of Mail.ru Stake
Mail.ru Group Ltd. (MAIL), the Russian Internet company controlled by billionaire Alisher Usmanov, sold its remaining stake in Facebook Inc. (FB) for more than $525 million after shares of the U.S. social network jumped.
http://bloom.bg/17QKTz2

Brazilian exchange shake-up to boost IPOs
Brazil is set to change the formula behind its benchmark stock index for the first time in 45 years as part of a series of measures to counter one of the worst market slumps since the onset of the financial crisis.
http://on.ft.com.ezp-prod1.hul.harvard.edu/1dOJXi3

IMF gives green light to $6.6bn Pakistan loan
The International Monetary Fund has approved a $6.6bn loan for Pakistan to stave off a balance of payments crisis, cheering investors concerned that foreign reserves had sunk to about six weeks worth of imports.
http://on.ft.com.ezp-prod1.hul.harvard.edu/19kH5Dp

Huge Nigerian oil refinery wins backing
Africa’s richest man will sign a $3.3bn financing deal in Nigeria on Wednesday to build the continent’s biggest oil refinery, as well as large fertiliser and petrochemical plants.
http://on.ft.com.ezp-prod1.hul.harvard.edu/1eebmaT

Seoul issues first dollar bond in four years
South Korea is selling $1bn in its first dollar-denominated bond issue in more than four years. Seoul is timing the issue ahead of an expected rise in credit risk as investors fret over the Federal Reserve’s reduction of its massive stimulus programmes and a possible US military strike on Syria.
http://on.ft.com.ezp-prod1.hul.harvard.edu/1dOvlPI

Turkey Olympic bid blighted by currency woes and political unrest
Recep Tayyip Erdogan looked confident and serene as he headed for the aircraft that will take him, via the G20 summit in St Petersburg, to an Olympics meeting in Buenos Aires.
http://on.ft.com.ezp-prod1.hul.harvard.edu/13em10z

Apple event raises hopes of China Mobile deal
Apple plans to hold near-simultaneous product launch events in California and Beijing for the first time next week, sparking hopes among investors for a long-awaited iPhone partnership with China Mobile.
http://on.ft.com.ezp-prod1.hul.harvard.edu/17OUqXq

Emerging Markets
MSCI Emerging Market Index up +0.48% at 942.28

Europe
FTSE up +0.60% at 6,514
RTS up +1.22% at 1,314
Warsaw Wig down -3.33% at 46,321
FTSE 300 Eurotop up +0.34% at 1,219

Americas
DJIA up +0.65% at 14,931
S&P 500 up +0.81% at 1,653
Bovespa up +0.18% at 51,716

Asia
Nikkei 225 up +0.08% at 14,065
Topix up +0.13% at 1,158
Hang Seng up +1.22% at 22,598
Shanghai Composite down -0.24% at 2,122
MSCI Asia ex-Japan up +0.86% at 442.47
CNX Nifty up +2.66% at 5,593

Currencies
€/$ 1.32 (1.32)
$/¥ 99.88 (99.69)

Commodities
Brent Crude (ICE) up +0.40 at 115.31
Light Crude (Nymex) up +0.48 at 107.71
100 Oz Gold (Comex) down -4.90 at 1,385