WORLD FINANCE UPDATE:
The Australian dollar has slipped back below 78 US cents on the back of better-than-expected jobs figures out of the US.
At 0630 AEDT on Monday, the local currency was trading at 77.70 US cents, down from 78.41 cents on Friday.
And the Australian share market looks set to open slightly higher despite Wall Street losing ground after US stocks initially lifted on good jobs figures.
At 0645 AEDT on Monday, the March share price index futures contract was up six points points at 5,758.
ELSEWHERE:
ATHENS - New Greek Prime Minister Alexis Tsipras says Athens doesn't want an extension of its bailout but insisted on the need for a "bridge program" that would buy the country time to negotiate a new deal.
ATHENS - Greece's economy minister Georges Stathakis has denied the debt-laden nation might run out of cash next month because of lower than expected tax receipts.
LONDON - Greece will have to leave the eurozone sooner or later, the former head of the United States central bank Alan Greenspan says.
CARACAS - Venezuelan President Nicolas Maduro has ordered the government takeover of a private supermarket chain, accusing the company of food hoarding amid huge lines and shortages in the crisis-hit country.
BEIJING - China's trade surplus rose 88 per cent to reach 367 billion yuan in January, as the country's imports declined more rapidly than its exports, official data says.
MUZAFFARABAD, Pakistan - India and Pakistan have suspended trade across their de facto border in the disputed territory of Kashmir after Indian authorities detained a truck driver accused of drug trafficking.
OREGON, Ohio - Workers in northwest Ohio have joined the first nationwide strike at US oil refineries since 1980.
LONDON - A British retailer has launched a carton of guaranteed double yolk eggs - despite the probability of finding just one being one in 1000.
Share
