WORLD FINANCE UPDATE:
The Australian dollar is lower, losing ground after a US Federal Reserve official confirmed that a rate rise is still on the cards.
At 0630 AEST on Tuesday, the local unit was trading at 71.35 US cents, down from 71.76 cents on Monday.
And the Australian share market looks set to open higher after the Dow Jones Industrial Average and the S&P 500 rallied and European stocks lifted.
At 0645 AEST on Tuesday, the September share price index futures contract was up 26 points at 5,086.
ELSEWHERE:
ATHENS - Weary Greece has braced for more painful austerity as Alexis Tsipras was sworn in as prime minister with a mandate to drive through unpopular reforms agreed with the nation's international creditors.
WASHINGTON - US home sales slid in August by the most since January as tight supplies and rising prices discouraged potential buyers.
FRANKFURT - German auto giant Volkswagen has plummeted nearly 20 per cent on the stock market amid revelations that hundreds of thousands of its diesel cars have software that secretly thwarts US emissions tests.
WASHINGTON - Hackers have infiltrated the vaunted Apple ecosystem by injecting malicious software into popular Chinese mobile apps, potentially affecting hundreds of millions of users.
PARIS - France's data protection watchdog has rejected an appeal by Google against a decision ordering the internet giant to comply with users' requests to have information about them removed from all search results.
NEW YORK - The US branch of France's Alstom is in line to win a big piece of US railroad Amtrak's $US2.5 billion ($A3.5 billion) next-generation high-speed rail project.
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