WORLD FINANCE UPDATE:
The Australian dollar is lower against a surging US dollar as more traders bet on a June interest rate rise by the Federal Reserve.
At 0630 AEST on Monday, the local unit was trading at 76.68 US cents, down from 76.85 cents on Friday.
And the Australian share market looks set to open higher after Wall Street posted solid gains as a big General Electric asset sale added to the US market's deal wave.
At 0645 AEST on Monday, the June share price index futures contract was up 22 points at 5,5975.
ELSEWHERE:
FRANKFURT - The European Union has given Greece until April 20 to present a list of reforms which, if acceptable, would unlock the final tranche of aid funds promised under a multi-billion-euro bailout, a German newspaper reports.
NEW YORK - General Electric is selling most of GE Capital as it focuses increasingly on its industrial business.
SAN FRANCISCOP - Netflix boosted CEO Reed Hastings' pay by 43 per cent to $US11.1 million ($A14.43 million) last year as the internet video service raised its prices and still added the most subscribers in its history.
BRASLIA - Three former Brazilian MPs have been detained as part of ongoing investigations into a huge graft scandal at state-owned oil firm Petrobras.
SHANGHAI - A former executive of Sino-German auto joint venture FAW-Volkswagen has been jailed for life for taking millions of dollars in bribes, according to a state media report.
PANAMA CITY - Panamanian carrier Copa Airlines signed a deal worth an estimated $US6.6 billion ($A8.58 billion) to buy 61 Boeing 737 aircraft.
LOS ANGELES - Six Greenpeace activists who scaled an Arctic-bound Shell oil drilling rig in the middle of the Pacific Ocean have abseiled down, with the oil giant securing a restraining order against the environmental group.
WELLINGTON - High-tech exporter Cubic Defence NZ is setting its sights on selling military training systems to corporate customers.
WELLINGTON - Australians are going to have to get used to New Zealanders going on about how much better their economy is.
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