WORLD FINANCE UPDATE:
The Australian dollar is lower against the greenback, which made broad-based gains on the back of US data.
At 0700 AEDT on Monday, the local unit was trading at 71.36 US cents, down from 72.20 cents on Friday.
And the Australian share market looks set to open slightly higher after Wall Street put in a feeble mixed performance following data showing gross domestic product expanded at a one per cent annual rate in the fourth quarter.
At 0645 AEDT on Monday, the share price index futures contract was up seven points at 4,860.
ELSEWHERE:
LONDON - Another financial crisis is "certain" and will come "sooner rather than later", the former Bank of England governor has warned.
SHANGHAI - The world's top economies have declared that they need to look beyond ultra-low interest rates and printing money to shake the global economy out of its torpor, while renewing their focus on structural reform to spark activity.
SHANGHAI - British finance minister George Osborne has pushed financial leaders from the top 20 economies to include the risk of Britain leaving the European Union in their list of dangers to the world economy, gaining explicit support from the United States.
LONDON - Global regulators will study for the first time whether "fintech" innovations could destabilise the broader financial system, the G20's Financial Stability Board says.
WASHINGTON - American consumers lost a little confidence this month amid worries that slowing economic growth will hurt the job market.
SAO PAULO - Brazilian police investigating a kickback scheme at state-run oil company Petrobras are now looking closely at Peruvian President Ollanta Humala and a former Argentine transportation minister.
NEW YORK - Warren Buffett's Berkshire Hathaway Inc says fourth-quarter profit rose 32 per cent, helped by improved results in its insurance operations and higher gains from investments and derivatives.
CUPERTINO, California - Apple CEO Tim Cook got a standing ovation Friday at his first stockholder meeting since his company's clash with the FBI unfolded.
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