WORLD FINANCE UPDATE:
The Australian dollar is slightly weaker against the greenback, which strengthened as expectations of a US interest rate rise firmed.
At 0630 AEST on Monday, the currency was trading at 71.64 US cents, down from 71.67 cents on Friday.
And the Australian share market looks set to open higher following a muted session on Wall Street after Moody's slashed its 2016 growth forecast for the Group of 20 economies due to the hit from a slowing Chinese economy.
At 0645 AEST on Monday, the September share price index futures contract was up 12 points at 5,246.
ELSEWHERE:
BEIJING - Chinese state media reports a financial journalist has "confessed" to causing panic and disorder on China's stock market and inflicting "huge losses on the country".
WASHINGTON - Federal Reserve Vice Chair Stanley Fischer says no decision has been made yet on raising interest rates at the US central bank's September 16-17 policy meeting.
CAIRO - Italian energy giant ENI has announced the discovery of the "largest ever" offshore natural gas field in the Mediterranean inside Egypt's territorial waters.
HANOVER, Germany - Volkswagen has been told to sell its stake in Japan's Suzuki, the companies say.
YANGON - The government of Myanmar has established a minimum wage of 3600 Kyats ($A3.90) for a standard eight-hour work day across all sectors and industries, state media reports say.
LONDON - Rebekah Brooks will return to News Corp as chief executive of its UK division a year after she was cleared in the phone hacking trial, it's been reported.
PARIS - France's government and unions Sunday called on the head of telecoms equipment maker Alcatel-Lucent to renounce reported bonuses of some 14 million euros ($A21.99 million) he could receive after the firm was swallowed up by its rival Nokia.
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