WORLD FINANCE UPDATE:
The Australian dollar is softer against the greenback following a rebound in risk appetite.
At 0700 AEDT on Monday, the local unit was trading at 70.04 US cents, down from 70.25 cents on Friday.
And the Australian share market looks set to open higher after Wall Street gained as rising oil prices pushed up energy stocks.
At 0645 AEDT on Monday, the share price index was up 54 points at 4,934.
ELSEWHERE:
DAVOS - Financial markets need more clarity on how Chinese authorities are managing their currency, particularly the relationship of the yuan to the US dollar, IMF managing director Christine Lagarde says.
MOSCOW - The Russian government has set aside 135 billion roubles ($A2.4 billion) to help the real economy in a draft anti-crisis plan, senior officials have revealed, and may use a separate 340 billion rouble cushion to dampen social discontent.
TEHRAN - Iran has unveiled an expanded shopping list for more than 160 European planes - including eight superjumbos - and dangled another big order in front of Boeing at Tehran's first major post-sanctions business gathering.
NEW DELHI - French President Francois Hollande says his government is considering an agreement with New Delhi that would clear the way for a long-awaited $US9 billion ($A12.9 billion) sale of French-built Rafale warplanes to India.
NEW YORK - Chinese image licensing company Visual China Group says it has acquired the image division and content licensing unit of photo library Corbis Entertainment, owned by Microsoft Corp's co-founder Bill Gates.
LONDON - Britain's banks are being urged to dedicate far greater resources to securing their IT infrastructure and have designated board members oversee the issue.
LONDON - Google's STG130 million ($A264.60 million) deal with the British taxman is "derisory" and must be investigated by the public spending watchdog, Labour has said.
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