WORLD FINANCE UPDATE:
The Australian dollar has recovered from losses suffered after bombings in Brussels.
At 0700 AEDT on Wednesday, the local unit was trading at 76.23 US cents, up from 75.74 cents on Tuesday.
And the Australian share market looks set to lower after a rocky night on Wall Street following terrorist attacks in Belgium.
At 0645 AEDT on Wednesday, the share price index was down nine points at 5,194.
ELSEWHERE:
LONDON - Business activity in the eurozone and sentiment in Germany ended the first quarter on a brighter note, suggesting the European Central Bank's extra stimulus may be having a positive effect.
WASHINGTON - Wars and depressed crude oil prices have diminished growth prospects for the Middle East and central Asia, and private sector productivity gains are needed to avoid a "new mediocre" for the region, the International Monetary Fund said on Tuesday.
LONDON - British holiday company Thomas Cook says customers are delaying booking holidays, as they see previously popular destinations such as Turkey as less safe.
GUANGDONG - Royal Dutch Shell and CNOOC Ltd say they've made a final decision to double capacity of their jointly-owned ethylene plant in China's Guangdong province.
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