WORLD FINANCE UPDATE:
The Australian dollar has shed more than half a US cent after strong American factory and construction data buoyed the greenback.
At 0630 AEDT on Tuesday, the local unit was trading at 90.93 US cents, down from 91.59 cents on Monday.
And the Australian share market looks set to open lower following falls on international markets.
At 0645 AEDT on Tuesday, the December share price index futures contract was down 21 points at 5,265.
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ELSEWHERE:
WASHINGTON - The US manufacturing sector expanded for the sixth straight month in November, the Institute of Supply Management says.
WASHINGTON - US developers boosted construction spending in October at the fastest pace in more than four years, propelled by a surge in government buildings.
LISBON - Bailed-out Portugal has announced a sovereign debt swap in a move intended to help prepare for the end of its EU-IMF rescue program set for next year.
BRASLIA - The Brazilian economy grew 2.5 per cent in the third quarter compared with the same period of last year, Finance Minister Guido Mantega says.
NEW DELHI - India's finance minister says Asia's third-largest economy appears to be "back on a growth trajectory" and can expect expansion of five per cent in the current financial year.
PARIS - A French court has ordered a trial for car maker Daimler AG and industrial conglomerate Lagardere SCA as well as executives for Airbus parent EADS in an insider trading investigation dating back to 2006.
CHARLOTTE, North Carolina - Bank of America will pay $US404 million ($A444 million) to mortgage buyer Freddie Mac to settle all remaining claims over home loans sold in the previous decade.
MIDLAND, Michigan - Dow Chemical is looking to separate about 40 manufacturing plants from its business as it continues to concentrate on moving away from cyclical commodity products.
LONDON - Lloyds Banking Group PLC has named Norman Blackwell its chairman, succeeding Winfried Bischoff when he retires next year.
