Today

7:53PM(AEST)

BP seeks buyers for half of China petchem

British oil major BP is seeking buyers for its 50 per cent stake in Chinese petrochemicals joint venture SECCO, its largest investment in China, in a deal sources said could fetch $US2-$US3 billion. Read more

8:31PM(AEST)

Dubai courier sells stake to AustPost

The Dubai-based courier Aramex says Australia Post has bought a 4.5 per cent stake in the company. Read more

7:24PM(AEST)

Search for yield drives stocks higher

Shares have risen in Europe and Asia while sterling fell to its weakest in a month against the US dollar on the prospect of easier monetary policy in Britain after its Brexit vote. Read more

6:40PM(AEST)

L&G's H1 operating profit up 10 pct

Lower profits in Legal & General's investment management and general insurance businesses took the shine off an overall 10 per cent rise in first-half operating profit, making the insurer the largest loser in the FTSE 100 index. Read more

6:05PM(AEST)

Stocks to watch

Stocks to watch on the Australian stock exchange: Read more

5:41PM(AEST)

Rewardle seeks $3.285m

Rewardle Holdings is seeking to raise $3.285 million for growth of the merchant and member network and associated administration, software development and general working capital. Read more

5:41PM(AEST)

White Rock identifies priority targets

White Rock Minerals has identified a number of high priority conductivity exploration targets at the Red Mountain project, Alaska. Read more

5:11PM(AEST)

Consumer confidence has fallen sharply

Consumer confidence has dropped sharply despite the Reserve Bank's interest rate cut, falling to its lowest in nine weeks. Read more

3:49PM(AEST)

Scentre scoops up DJs store for $360m

David Jones has sold one of its two historic Sydney department stores to shopping centre owner Scentre Group for $360 million. Read more

5:01PM(AEST)

UK's Worldpay H1 profit beats estimates

British payments processor Worldpay Group Plc's first-half underlying earnings beat analyst estimates, driven by strong growth across all its businesses and tightened costs at its UK unit. Read more

4:34PM(AEST)

Headwinds could trigger two rate cuts: NAB

The outlook for businesses is upbeat for the near-term, but headwinds threatening growth could trigger two rate cuts within the next year. Read more

4:33PM(AEST)

NZX 50 reaches record high before earnings

New Zealand shares rose, pushing the S&P/NZX 50 Index to a new record on optimism the lack of profit warnings running into earnings season means companies are less likely to disappoint the market. ANZ, Westpac, Mercury NZ and Ebos Group led gainers. Read more

4:22PM(AEST)

LiveTiles extends Microsoft co-marketing

LiveTiles has extended its co-marketing agreement with Microsoft Corp to December 31, 2016. Under the agreement, Microsoft Office 365 commercial customers in the United States are being offered a free LiveTiles Design licence for 90 days. Read more

4:21PM(AEST)

Indiana advances Kishugu and Naujombo

Indiana Resources will advance the Kishugu and Naujombo gold prospects located in south-east Tanzania. Read more

4:17PM(AEST)

Transurban delivers bumper toll growth

A jump in toll revenue has helped Australia's biggest toll-roads operator, Transurban, return to profit. Read more

4:14PM(AEST)

Mesoblast improves RA cell therapy

Mesoblasts phase 2 trial results of cell therapy demonstrated a dose-related improvement in biologic refractory rheumatoid arthritis. Read more

4:14PM(AEST)

Pacifico and Sandfire maintain JV

Pacifico Minerals will maintain its 51% interest and form a Borroloola West JV with Sandfire Resources who retain a 49% interest. Read more

3:55PM(AEST)

Carsales says Uber will kill car sharers

Carsales.com chief says Uber will be the death of car share providers but the global disrupter doesn't worry him. Read more

3:50PM(AEST)

Unresponsive economy could trouble RBA

Outgoing Reserve Bank governor Glenn Stevens once hoped he'd never have to step outside the cosy confines of conventional monetary policy, but his successor may have to give it some serious thought. Read more

3:37PM(AEST)

ANZ gains despite drop in cash profit

ANZ has signalled it is cutting exposure to low-return businesses in Asia as it looks to boost overall returns amid a slowing growth environment and increasing capital requirements. Read more

3:02PM(AEST)

BP seeks buyers for China stake

BP is seeking buyers for its 50 per cent stake in a Chinese petrochemicals joint venture, its single largest investment in China, in a deal that would fetch $US2 to $US3 billion, people familiar with the matter told Reuters. Read more

2:55PM(AEST)

REA Group looking for boost from rate cut

REA Group, the company behind the realestate.com.au site, hopes the latest cut to official interest rates will boost property listings that took a hit during the federal election. Read more

1:45PM(AEST)

Capital city housing rents down

Housing rents have fallen in all Australian capital cities bar Hobart and Melbourne, with the average rent down 0.3 per cent in July and by 0.6 per cent from a year before. Read more

1:04PM(AEST)

India's child labour law in adequate: UN

The United Nations says changes to India's child labour law which permit children to work for their families and reduce the number of banned occupations for adolescents will disadvantage vulnerable groups such as tribals and lower-caste communities. Read more

12:04PM(AEST)

New robots to vie for operating space

Even though many doctors see need for improvement, surgical robots are poised for big gains in operating rooms around the world. Read more

2:45PM(AEST)

Profitable Cochlear flags further riches

Implantable hearing device maker Cochlear expects to lift its 2017 annual profit by up to 20 per cent, after strong demand for its products in most markets boosted profits in 2016. Read more

10:51AM(AEST)

REA posts strong earnings

REA Group increased EBITDA 22% to $347.3 million for the year to June 30, 2016, with revenue growing 20% to $629.8 million. Read more

10:47AM(AEST)

IOOF shares down on flat underlying profit

Shares in financial services business IOOF have fallen in early trade after the company reported flat underlying net profit of $173.4 million. Read more

9:05AM(AEST)

Copper lifts along with equities

REUTERS - Copper has risen alongside equities after the latest monthly US jobs data helped buoy sentiment, but worries about demand in top consumer China has kept prices near four-week lows. Read more

9:05AM(AEST)

Prices steady as Kim leaves markets alone

Food and fuel prices in North Korea have remained largely stable under leader Kim Jong Un, despite tightening international sanctions to punish the North for its nuclear and ballistic missile tests, rare data from inside the isolated country shows. Read more

8:48AM(AEST)

Oil prices lift more than two per cent

REUTERS - Oil prices are more than two per cent higher amid renewed speculation that OPEC will try to restrain output, easing oversupply worries that's pressured the market to three-month lows. Read more

8:16AM(AEST)

Gold steadies as jobs data impetus slows

REUTERS -Gold has steadied after falling to a one-week low as downward momentum from stronger-than-expected US jobs figures lost steam, with concerns over negative global economic sentiment lending support. Read more

7:45AM(AEST)

Allergan reports 2Q loss

Allergan PLC has reported a loss of $US501.7 million ($A655.86 million) in its second quarter. Read more

7:31AM(AEST)

Finance News Update, what you need to know

WORLD FINANCE UPDATE: Read more

7:31AM(AEST)

Threat of oil move lifts Kiwi

The New Zealand dollar has joined other commodity-linked currencies in rising on speculation oil producers will limit global supply. Read more