WORLD FINANCE UPDATE:
The Australian dollar is higher after the US employment growth for July was weaker than expected.
At 0630 AEST on Monday, the local unit was trading at 74.11 US cents, up from 73.78 cents on Friday.
And the Australian share market looks set to open flat after Wall Street fell following a slightly weaker-than-expected jobs report.
At 0645 AEST on Monday, the September share price index futures contract was down two points at 5,403.
ELSEWHERE:
SHANGHAI - China's foreign trade performance worsened in July with both exports and imports falling on an annual basis, customs says, spelling more worry for the world's second-largest economy.
BEIJING - Consumer inflation in China rose to 1.6 per cent in July as downward pressure on prices eased further in the world's second-largest economy.
WASHINGTON - The US economy churned out solid job growth in July that looks likely to leave the Federal Reserve on track for an interest rate increase this year.
ATHENS - Greece and its creditors have resumed talks in Athens, with both sides indicating that the terms of a third bailout will be finalised in short order.
MUMBAI - Apple iPhone manufacturer Foxconn has agreed to invest $US5 billion ($A6.8 billion) on a new factory in the western Indian state of Maharashtra, in what is seen as a major boost for Prime Minister Narendra Modi.
OMAHA, Nebraska - Warren Buffett's Berkshire Hathaway has reported a 37 per cent drop in its second-quarter profit as the paper value of its investments fell and its insurance companies reported an underwriting loss.
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