WORLD FINANCE UPDATE:
The Australian dollar is slightly higher after US stocks made solid gain on Friday.
At 0630 AEST on Monday, the local unit was trading at 70.83 US cents, up from 70.61 cents on Friday.
And the Australian share market looks set to open higher after Wall Street finished a choppy session with solid gains as investors looked ahead to the Federal Reserve's policy meeting this week.
At 0645 AEST on Monday, the September share price index futures contract was up 25 points at 5,093.
ELSEWHERE:
BEIJING - China has unveiled broad reform guidelines for state-owned companies aimed at making them more globally competitive and increasing transparency in a powerful sector of the world's second-largest economy.
BEIJING - China's industrial production, which measures output at factories, workshops and mines in the world's second-largest economy, rose 6.1 per cent year-on-year in August.
WASHINGTON - Official data shows US producer prices were unchanged in August as rises for clothing and food offset a decline in energy costs.
FRANKFURT - Growth is picking up in the 19-country eurozone, but not enough to create jobs in the region, according to a member of the European Central Bank's executive board.
SAN FRANCISCO - Airbnb, the peer-to-peer accommodation platform, has acquired the trip-planning tool Vamo for an undisclosed amount.
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