*Rupiah has been emerging Asia's best currency in 2014. JAKARTA, March 13- Indonesia's central bank left its key reference rate steady at 7.50 percent on Thursday, as widely expected, as inflation is manageable and the rupiah has strengthened significantly this year.» Read More
NEW DELHI, Sept 16- India's headline inflation shot to a six-month high in August, driven by a 245 percent annual jump in onion prices, hardening the case for central bank governor Raghuram Rajan to keep interest rates high at his first policy meeting later this week.
OSLO, Sept 16- Norwegian Air Shuttle has suffered another technical fault with one of its Boeing 787 Dreamliners, the latest in a series of glitches to hit the new carbon-fibre jet.
BERLIN, Sept 16- Chancellor Angela Merkel's chances of preserving her centre-right coalition were in doubt less than a week before a federal election, with a new anti-euro party rising in the polls and her current partner reeling from a regional setback in Bavaria.
*U.S., Russia back UN programme to destroy Syria's chemical weapons. LONDON, Sept 16- Global oil prices fell to a five-week low below $109 a barrel on Monday after the United States agreed to call off military action against Syria, easing supply concerns.
SINGAPORE, Sept 16- Foreign banks will provide upfront financing for wealthy non-resident Indian clients to entice them to place bulky dollar deposits back home in response to India's drive for dollar funding to defend its weak currency, sources told Reuters.
BEIJING, Sept 16- China's pricing regulator is investigating industries where excessive profits are being made such as eyeglasses, an antitrust official said on Monday, adding that authorities have not opened any probe into the auto industry.
Dubai property prices have rebounded this year and the emirate's main stock index is up 64 percent year-to-date. This has prompted at least several companies to consider listings; in addition, the Dubai government said this year it would make a big effort to develop its Islamic finance sctor.
BEIJING, Sept 16- China said on Monday that it would impose anti-subsidy duties on some imports of U.S. solar-grade polysilicon, in a move likely to add to trade tensions. China's Commerce Ministry said it would slap U.S. imports of the material used to make solar panels with duties of up to 6.5 percent.
LONDON, Sept 16- The U.S. dollar slipped to a near four-week low against a basket of currencies as prospects of the Federal Reserve keeping policy loose for longer increased after Lawrence Summers withdrew from the race for the next Fed chief.
*CBRC encourages innovation but urges caution. BEIJING/ SHANGHAI, Sept 16- China's banking watchdog has encouraged banks to develop new products but urged them to minimise risks in the sector, setting the latest official tone on financial innovation and reform.
HONG KONG, Sept 16- Hong Kong shares climbed to their highest in 17 weeks on Monday, as investors cheered Lawrence Summers' withdrawal as a candidate to head the Federal Reserve and Macau election results made its gambling sector a standout performer. The Hang Seng Index ended up 1.5 percent at 23,252.4 points, its highest since May 22.
*Charles Stanley targets 2,920 on Euro STOXX 50. LONDON, Sept 16- European stocks rose to five-year highs on Monday in a broad-based rally as news Lawrence Summers has pulled out of the race to lead the U.S.
SYDNEY, Sept 16- Australia's Westfield Group agreed to sell stakes in seven U.S. shopping malls to an affiliate of Starwood Capital Group for $1.64 billion. Westfield's shares rose 1.1 percent to A $10.75 in early trade on Wednesday, while the benchmark S&P/ASX 200 index was up 0.74 percent.
SINGAPORE, Sept 16- Gold slipped on Monday, reversing early gains as growing conviction the U.S. The consensus is that the Fed will initially reduce its bond purchases, now $85 billion a month, by $10 billion or perhaps $15 billion and will announce the taper to its quantitative easing after its Sept. 17-18 meeting.
NEW DELHI, Sept 16- India's headline inflation hit a six-month high in August, driven by a surprise surge in food prices, hardening the case for central bank governor Raghuram Rajan to keep interest rates high at his first policy meeting later this week.
LONDON, Sept 16- European stocks rallied on Monday on expectations the Federal Reserve would keep an easier monetary policy for longer after Lawrence Summers, widely regarded as the most hawkish candidate to head the central bank, withdrew from the race.
*US, Russia back UN programme to destroy Syria's chemical weapons. SINGAPORE, Sept 16- Brent oil futures slid by more than a dollar on Monday to a three-week trough below $111 a barrel as supply worries eased after the U.S. agreed to call off military action against Syria in a deal with Russia to remove Damascus's chemical weapons.
HONG KONG, Sept 16- China shares posted a second-straight daily loss on Monday, as investors kept rotating out of the financial counters that led a strong rally in previous weeks. The CSI300 of the leading Shanghai and Shenzhen A-share listings ended down 0.4 percent at 2,478.4 points.
*Christoph Franz to be elected at March 4 annual meeting. ZURICH, Sept 16- Roche has picked Deutsche Lufthansa Chief Executive Christoph Franz to succeed Franz Humer as chairman of its board, filling the top post at a time of change for the world's biggest maker of cancer drugs.
MUMBAI, Sept 16- A third Ranbaxy Laboratories Ltd plant in India has been sanctioned with an import alert ban from the U.S. Food and Drug Administration, triggering the worst single day fall in its stock on Monday and a brokerage downgrade.