WORLD FINANCE UPDATE:
The Australian dollar has fallen on the back a decline in China's imports.
At 0700 AEST on Tuesday, the currency was trading at 73.16 US cents, down from 73.63 cents on Monday.
And the Australian share market looks set to open lower after a mixed performance on Wall Street following a bigger-than-expected drop in China's imports and exports in April pointed to weak demand in the world's second-biggest economy and weighed on materials stocks.
At 0645 AEST on Tuesday, the share price index was down 14 points at 5,299.
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