WORLD FINANCE UPDATE:
The Australian dollar is higher following weak US economic data.
At 0630 AEDT on Thursday, the local currency was trading at 87.90 US cents, up from 87.31 cents on Wednesday.
And the Australian share market looks set to open lower following substantial falls on international markets as investors take fright at new US data underscoring the fragile state of the global economy.
At 0645 AEDT on Thursday, the December share price index futures contract was down 30 points at 5,193.
ELSEWHERE:
NEW YORK, Oct 15 AFP - US stocks have finished a turbulent day lower, rallying somewhat from a huge midday drop spurred by worries over global economic weakness and the spread of the Ebola virus.
LONDON - Europe's main stock markets have plunged at the close, with London's benchmark FTSE 100 index falling 2.83 per cent to end the day at 6,211.64 points.
WASHINGTON - The US economy is growing at about the same modest pace it has maintained in recent months, according to the Federal Reserve's Beige Book report.
WASHINGTON - The United States government says the deficit for the just completed 2014 budget year was $US483 billion, the lowest of President Barack Obama's six years in office.
WASHINGTON - US retail sales retreated in September as purchases of vehicles, fuel, furniture and clothing slowed, a sign that recent job gains have yet to significantly boost consumer spending.
WASHINGTON - US producer prices fell in September for the first time since August 2013, pulled lower by falling energy and food prices, the Labour Department says.
ATHENS - Uncertainty over the government's survival and future of Greece's bailout program has spurred a second day of heavy selling on the Athens Stock Exchange, with the main index down a massive 9.4 per cent.
LONDON - Britain's unemployment rate dropped to six per cent for the June to August period, down from 6.4 per cent in the three months before and the lowest rate since 2008.
CHARLOTTE, North Carolina - Bank of America has reported third-quarter net income of $US168 million ($A181 million).
WASHINGTON - Google has ramped up its mobile arsenal, upgrading its Nexus line with a new tablet and smartphone, and unveiling its revamped Android software, to be dubbed "Lollipop".
STOCKHOLM - The world's biggest producer of ball bearings SKF has reported a rise in third-quarter profits despite falling industrial demand, particularly from the car industry.
BEIJING - More than 82 million people in China still live on less than about $US1 ($A1.08) a day, a senior official says, despite a decades-long boom that made it the world's second-largest economy.
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