WORLD FINANCE UPDATE:
The Australian dollar has moved little over the weekend as the US celebrated the Independence Day holiday.
At 0630 AEST on Monday, the local currency was trading at 93.66 US cents, up from 93.53 cents on Friday.
And the Australian share market looks set to open higher despite a muted showing on European markets and Wall Street being closed for Independence Day on Friday.
At 0645 AEST on Monday, the September share price index futures contract was up 13 points at 5,495.
ELSEWHERE:
AIX-EN-PROVENCE, France - The strength of the global economic recovery could be "less robust than expected" and more must be done to boost international monetary supply, IMF chief Christine Lagarde warns.
LONDON - London's century-old gold price fixing, tainted by a rigging scandal and attacked by critics as old-fashioned, goes under the spotlight this week in key talks aimed at modernising the process.
LONDON - Europe's top banking regulator has called on the region's banks not to deal in virtual currencies such as bitcoin until rules are developed to stop them being abused.
MUMBAI - France's CMA CGM Group, one of the world's top container shipping companies, plans to develop India's largest container port in a joint venture with local Adani Ports & SEZ.
BANGKOK - An inspection ordered by Thailand's military junta of rice stored in warehouses under a failed multibillion-dollar subsidy scheme has revealed rot and corruption, reports say.
BERLIN - Germany could ban fracking until at least 2021 and strictly regulate the use of any such technology in future under policy proposals drawn up by the economy and environment ministers.
PARIS - French President Francois Hollande is preparing to launch a summit with business leaders aimed at creating half a million vitally-needed jobs in return for lower taxes.
CAIRO - Egypt's President Abdel Fattah al-Sisi has defended a government decision to raise fuel prices while also slapping higher taxes on cigarettes and alcohol.
MADRID - Spanish free wifi provider Let's Gowex has revealed its accounts have been falsified for at least four years and it is filing for bankruptcy protection.
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