WORLD FINANCE UPDATE:
The Australian dollar has risen sharply as the greenback plunges on the back of disappointing US jobs data.
At 0700 AEST on Monday, the local unit was trading at 73.71 US cents, up from 72.47 cents in Friday.
And the Australian share market looks set to open flat following falls on Wall Street after a surprisingly weak jobs report prompted doubts the US economy could sustain a near-term interest rate rise.
At 0645 AEST on Monday, the share price index was up one point at 5,323.
ELSEWHERE:
WASHINGTON - The US economy created the fewest number of jobs in more than five years in May, hurt by a strike by Verizon workers and a fall in goods producing employment.
WASHINGTON - An ally of Federal Reserve chair Janet Yellen, a longtime sceptic of raising interest rates, has signalled that the Fed should be in no hurry to act, especially after a bleak US jobs report was released earlier in the day.
WASHINGTON - US services firms grew at the slowest pace in more than two years last month, a private survey says.
WASHINGTON - Orders to US factories increased by the largest amount in six months in April, but much of the strength came from a rise in demand for commercial aircraft.
RIYADH - Saudi Arabia's National Transformation Plan, a pivotal element of the "Vision 2030" reforms announced in April by Deputy Crown Prince Mohammed bin Salman, will be put before the cabinet for approval on Monday, a senior Saudi source has told Reuters.
DHAKA - Hours before the Federal Reserve Bank of New York approved four fraudulent requests to send $US81 million ($A112.06 million) from a Bangladesh Bank account to cyber thieves, the Fed branch blocked those same requests because they lacked information required to transfer money, according to two people with direct knowledge of the matter.
WASHINGTON - A US congressional committee has launched an investigation into the Federal Reserve's cyber security practices after a Reuters report revealed more than 50 cyber breaches at the US central bank between 2011 and 2015.
LAUSANNE, Switzerland, June 5 AP - Swiss voters have overwhelmingly rejected a proposal that would have guaranteed everyone in the Alpine nation an unconditional basic income, according to projections by public broadcaster SRF1.
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