WORLD FINANCE UPDATE:
The Australian dollar is weaker against the greenback, which rallied as US job openings held at record highs.
At 0630 AEST on Wednesday, the currency was trading at 74.43 US cents, down from 74.85 cents on Tuesday.
And the Australian share market looks set to open lower after Wall Street ended a topsy-turvey session higher, amid worries about Greece and China.
At 0645 AEST on Wednesday, the September share price index futures contract was down 13 points at 5,510.
ELSEWHERE:
BRUSSELS - European leaders have accused Greece at an emergency summit of failing to produce concrete proposals for a new bailout to keep it in the euro after Greeks defiantly voted against further austerity.
BRUSSELS - Greece did not come up with a "concrete proposal" at a meeting of eurozone finance ministers, according to the Maltese premier, despite European pressure on Athens for a new debt plan.
WASHINGTON - Renowned economists Thomas Piketty, Jeffrey Sachs and three others have urged German Chancellor Angela Merkel to agree to cut Greece's debt to "avoid further disaster".
BRUSSELS - Eurozone nations have shown the "political will" to help Greece reach a bailout deal at emergency talks in Brussels despite a referendum that rejected creditors' terms, new Greek finance minister Euclid Tsakalotos has said.
WASHINGTON - The US trade deficit widened modestly in May as exports fell more than imports amid a slowing global economy.
FORT WORTH, Texas - Facebook is building a massive data centre in Texas to provide more computing capacity for the online social network's 1.4 billion users to share tidbits of their lives with friends and family.
PALO ALTO, California - SurveyMonkey has named a Hewlett-Packard Co executive to take over for chief executive David Goldberg, who died in May while holidaying in Mexico.
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