WORLD FINANCE UPDATE:
The Australian dollar has dropped to a near eight-month low overnight.
At 0630 AEST on Tuesday, the local currency was trading at 88.75 US cents, down from 89.15 cents on Monday.
And the Australian share market looks set to open lower after Wall Street fell decisively amid profit taking and anxiety about Chinese economic growth.
At 0645 AEST on Tuesday, the December share price index futures contract was down six points at 5,354.
ELSEWHERE:
WASHINGTON - An unnamed person living outside the United States will get more than $US30 million ($A32 million) for tipping off US regulators of a fraud case, a government watchdog agency says.
BRUSSELS - European Central Bank chief Mario Draghi has dismissed market disappointment about demand from banks for a new lending program launched last week, saying it had been within the expected range.
WASHINGTON - The World Bank says there is strong support from countries and businesses worldwide for carbon pricing schemes to cut greenhouse emissions.
WASHINGTON - Fewer Americans bought homes in August, as investors retreated from real estate and first-time buyers remained scarce.
PARIS - A French court has upheld a 1.1 billion euros ($A1.7 billion)- bail payment owed by Swiss bank UBS for allegedly helping rich French clients to hide money in Switzerland.
MOSCOW - Russia's atomic energy agency says it will provide up to eight nuclear reactors to South Africa by 2023 in a $US50 billion ($A54.1 billion) strategic partnership between the two countries.
BRUSSELS - The EU will recommend approval of Britain's ambitious plan to build its first nuclear plant in a generation, with backing from French and Chinese energy giants, after ruling that it met state aid rules.
NEW YORK - General Motors has raised the death toll linked to its faulty ignition switches to 21 as compensation claims mount following its long-delayed safety recall of the dangerous cars.
LONDON - International Airlines Group says it has finalised a deal to buy eight long-haul Airbus A330-200 aircraft worth $US1.5 billion ($A1.6 billion) at list prices for Spanish unit Iberia.
LONDON - The new head of Britain's biggest retailer Tesco has suspended four senior executives and launched an independent investigation after the troubled supermarket revealed it had massively overestimated profits.
WASHINGTON - Apple says it sold more than 10 million of its new iPhone models globally in the opening weekend of record sales of the bigger-screen version of its smartphone.
MONTREAL - BlackBerry is set to unveil its latest smartphone, in a move aimed at reviving the fortunes of the struggling Canadian tech group.
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