Watch FIFA World Cup 2026™

LIVE, FREE and EXCLUSIVE

Finance News Update, what you need to know

Finance News Update, what you need to know

WORLD FINANCE UPDATE:

The Australian dollar is a touch higher after the greenback fell from a two-month high.

At 0700 AEST on Tuesday, the local unit was trading at 71.83 US cents, up from 71.72 cents on Monday.

And the Australian share market looks set to open slightly lower, with no direction from Wall Street which was closed for a public holiday.

At 0645 AEST on Tuesday, the share price index was down six points at 5,406.

News that makes sense

Your trusted source for staying up-to-date with the world around you. Get free daily news updates and analysis, straight to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

ELSEWHERE:

DHAKA - Officials of Bangladesh Bank may have been involved in a brazen theft of $US81 million ($A112.77 million) from its account with the New York Federal Reserve Bank in February, the head of a government-appointed panel investigating the cyber heist has told reporters.

BERLIN - Germany says it will provide at least 100 million euros ($A154.76 million) to help the country's milk producers who have been suffering from falling prices.

PARIS - Severe weather, including hailstorms, has caused serious damage at the weekend in some French wine-producing regions, notably Cognac where up to 8 per cent of the vineyard has been badly damaged, producers say.

SANTIAGO - Latin America's largest airline, Chile-based LATAM Airlines, is the latest airline to suspend flights to Venezuela due to the "economic scenario"

LONDON - British investment firm Alliance Trust Plc says it has received an informal merger approach from RIT Capital Partners Plc, which is chaired by financier Jacob Rothschild.

GENEVA - Switzerland's Zurich Insurance Group says former chief executive Martin Senn, who ran the company for six years until last December, has taken his own life.

BERLIN - Germany has slipped out of the top 10 most competitive economies in the world, falling two places to 12 from last year, a study by Swiss business school IMD shows.


2 min read

Published

Source: AAP



Share this with family and friends


Get SBS News straight to your inbox

Sign up now for daily news from Australia and around the world. You can also subscribe to Insight's weekly newsletter for in-depth features and first-person stories.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS News

Download our apps

Listen to our podcasts

Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS

SBS World News

Take a global view with Australia's most comprehensive world news service

Stream now

Watch the latest news videos from Australia and across the world