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  • *Trade poll reuters:// realtime/verb= Open/url= cpurl:// apps.cp./ Apps/econ-polls? RIC= CNTRD %3 DEC I. *CPI poll reuters:// realtime/verb= Open/url= cpurl:// apps.cp./ Apps/econ-polls?

  • JAKARTA, Sept 2- The International Monetary Fund said on Wednesday it was speaking with Chinese authorities about the country's "very significant" economic transition, which it hoped would be managed in an "orderly fashion". IMF Managing Director Christine Lagarde told reporters, "We are certainly talking to the Chinese authorities about their transition to a...

  • JAKARTA, Sept 2- The level of Bank Indonesia's foreign exchange reserves provides "pretty good coverage" to support the weakening rupiah currency, Christine Lagarde, the managing director of the International Monetary Fund, said on Wednesday. Indonesia's forex reserves stood at $107.6 billion by the end of July. The rupiah is emerging as Asia's second-worst...

  • *Gold steadies after 4- day advance as Fed clues awaited. LONDON, Sept 2- Gold steadied on Wednesday after a four-day rally, as uncertainty over the timing of a looming U.S. rate hike kept a lid on prices, with a retreat in stocks after weak U.S., Chinese and European manufacturing data lending some support. Gold has risen 2 percent since a sharp slide last week bottomed...

  • LONDON, Sept 2- Oil prices fell on Wednesday as concerns about the global economy exacerbated worries that an oversupply of crude could last longer than expected. Weak manufacturing reports from China, the United States and Europe undermined global equities, while a stronger-than-expected build in U.S. crude stocks and weaker U.S. manufacturing data drove...

  • LONDON, Sept 2- Nick Robertson, the founder of British online fashion retailer ASOS, has stepped down as chief executive after 15 years in which he transformed the internet start-up into a retail powerhouse with millions of fans around the world. ASOS, popular with Internet savvy twentysomethings and high-profile supporters such as British singer Rita Ora and...

  • AMSTERDAM, Sept 2- A Dutch court ruled on Wednesday that gas producer NAM must compensate homeowners for falls in the value of their properties due to earthquakes linked to gas production at the Groningen field in the north of the Netherlands. The ruling by the court in Assen could result in billions of euros of claims against Nederlandse Aardolie Maatschaapij,...

  • SHANGHAI, Sept 2- China's foreign exchange regulator issued new rules on Friday relaxing restrictions on multinational companies' management of their foreign currency-denominated debt in China, allowing them to pool debt from all their subsidiaries for central management. The rules, which take effect immediately on a trial basis, permit these companies to...

  • LONDON, Sept 2- Emerging equities fell for the third day running on Wednesday, approaching six-year lows on deepening concerns about global growth, as oil price weakness fuelled another drop in the Russian rouble. Chinese mainland shares bounced off early losses after a range of brokerages pledged additional funds to buy shares while Hong Kong shares fell 1...

  • LONDON, Sept 2- Fresh government intervention to support China's jittery markets and bets on a more dovish stance from central bankers provided limited respite from a stock market sell-off on Wednesday as oil resumed its fall. European equities gave up early gains, with commodities stocks the hardest hit, as U.S. crude fell more than $1 to $44.39 a barrel.

  • *Toshiba widely expected to be penalised with fine. TOKYO, Sept 2- Japanese lawmakers on Wednesday called for a tough regulatory response to Toshiba Corp's second postponement of its annual results over accounting woes, saying the scandal could erode foreign investor confidence. The Tokyo Stock Exchange would consider putting Toshiba's shares on a...

  • *Wheat and corn firm after recent lows. HAMBURG/ SINGAPORE, Sept 2- U.S. soybeans rose on Wednesday on buying interest after falling 1.5 percent in the previous session but with gains limited by concern about slowing economic growth in China, the world's largest soybean importer. Wheat rose for a second session on renewed buying after touching a near four-month...

  • The Thomson Reuters/ PayNet Small Business Lending Index edged down to 145.2 from an upwardly revised June reading of 146.4, but the readings marked the index's two highest points since it was launched in 2005.. The July reading, up 13 percent from the same month a year ago, was driven by robust activity in key sectors like transportation and construction, said...

  • HONG KONG/ SHANGHAI, Sept 2- China's central bank will require reserves to be set aside for purchases of all currency derivatives from October, according to a document seen by Reuters, as Beijing moves to make it more expensive to bet on more depreciation of the yuan. According to the People's Bank of China document seen on Wednesday, reserve ratios will be set at 20...

  • GENEVA— Swiss drug maker Novartis says it will cooperate with California- based biotech giant Amgen to develop and sell neuroscience treatments for illnesses and ailments like Alzheimer's disease and migraine headaches. A Novartis statement released late Tuesday said that as part of the deal, Amgen will make initial payments and cover some research and...

  • HELSINKI— Lego says its popular multi-colored toy blocks were in strong demand in the first half of the year, resulting in good growth in profits and revenue and an upbeat outlook for the full year. Net profit in the first six months of 2015 was up 30 percent at 3.6 billion kroner while sales grew to 14.1 billion kroner from 11.6 billion kroner a year earlier.

  • The CIPS/ Markit construction Purchasing Managers' Index rose to 57.3 in August from 57.1 in July, indicating solid growth but below the 57.5 forecast in a Reuters poll and the levels of more than 60 regularly reached in 2014.. "UK construction companies remained on a reasonably strong growth footing in August, helped by a sustained recovery in both residential...

  • Sept 2- Hong Kong's benchmark stock index fell 1.2 percent on Wednesday to close at its lowest level in two years as China's markets continued to wobble. The Hang Seng index fell 250 points to 20,934.94, its lowest close since July, 2013. The China Enterprises Index lost 1.6 percent, to 9,301.32 points. Air China jumped as much as 7 percent before giving up much of its...

  • *China intervention helping calm mkt jitters- traders. *ECB meeting, China holiday seen also soothing. LONDON, Sept 2- European stock markets recovered from a rough start to the week on Wednesday, rising almost 1 percent as traders pointed to intervention in China that helped calm wobbly markets and hopes for more central bank action.

  • LONDON, Sept 2- The dollar rose on Wednesday as fragile global stock markets stabilised, taking the heat out of a rush to unwind carry trades that boosted the safe-haven yen and the low-yielding euro in recent weeks. The dollar was up 0.6 percent at 120.10 yen, rising from a low of 119.225 yen as European stock markets rose and U.S. stock futures were almost 1 percent...