WORLD FINANCE UPDATE:
The Australian dollar is targeting 75 US cents as global sentiment lifts in the lead up to the Brexit referendum on Thursday.
At 0700 AEST on Tuesday, the local unit was trading at 74.57 US cents, up from 74.36 US cents on Monday.
The Australian share market looks set to open higher, mimicking gains on Wall Street after indications that British voters will choose to remain in the European Union.
At 0730 AEST on Tuesday, the share price index was up 24 points at 5,221.
ELSEWHERE:
LONDON - George Soros, the billionaire who earned fame by betting against the pound in 1992, said that a British vote to leave the European Union would trigger a bigger and more disruptive sterling devaluation than the fall on Black Wednesday.
NEW DELHI - India has announced sweeping reforms to rules on foreign direct investment, opening up its defence and civil aviation sectors to complete outside ownership and clearing the way for Apple to open stores in the country.
HONG KONG - In less than six months of 2016, China's appetite for overseas acquisitions has already outgrown last year's record, as deal-hungry mainland buyers chase global assets such as real estate, chemicals and high-end technology.
WASHINGTON - President Barack Obama is plugging the Trans-Pacific Partnership trade deal to a group of 2400 investors looking at locating business in the United States, saying the deal will boost the global economy.
BRUSSELS - Belgian police have released without charges six people who had been held for questioning over an attack on a high-speed train as it travelled between Amsterdam and Paris in August 2015.
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