WORLD FINANCE UPDATE:
The Australian dollar has bounced back above 78 US cents despite growing concerns over a Greek debt default.
At 0630 AEDT on Tuesday, the local currency was trading at 78.21 US cents, up from 77.77 cents on Monday.
And the Australian share market looks set to open slightly lower following a weak lead from Wall Street amid growing concerns of a Greek debt default.
At 0645 AEDT on Tuesday, the March share price index futures contract was down three points at 5,757.
ELSEWHERE:
ATHENS - Greece and its creditors are at loggerheads again after the new Athens government insisted it would not back down over renegotiating its massive bailout, sparking fresh jitters on financial markets over fears of a euro exit.
BERLIN - European Commission chief Jean-Claude Juncker has warned the left-wing Greek government not to expect the eurozone to quickly agree to its demands to renegotiate its bailout program.
GENEVA - Banking giant HSBC is facing damaging claims that its Swiss division helped wealthy customers - including Australia's Kerry Packer - dodge millions of dollars in taxes after a "SwissLeaks" cache of secret files emerged online.
BRUSSELS - The EU has agreed to postpone new sanctions against Russia to give time to see if a four-way Ukraine peace summit makes progress, French Foreign Minister Laurent Fabius says.
OAK BROOK - McDonald's says that a key global sales metric fell 1.8 per cent in January, continuing to be weighed down by struggles in Japan and China.
LONDON - Technology giant Samsung has warned customers against discussing personal or sensitive information in front of its voice-activated televisions.
SAN FRANCISCO - Google has bought smartphone photo backup and sharing platform Odysee to beef up picture-handling capabilities at its online social network.
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