(Australian Associated Press)
WORLD FINANCE UPDATE:
The Australian market looks set to open flat after Wall Street pulled back record-high territory and most other international markets fell.
At 0700 AEDT on Tuesday, the share price futures index was flat, at 5,900.
Meanwhile, the Australian dollar is higher with the greenback easing after the report on US tax cut and the news of money laundering charges against Mr Manafort.
The local currency was trading at 76.91 US cents at 0700 AEDT on Tuesday, from 76.74 on Monday.
LONDON – The Bank of England is expected to raise interest rates for the first time since 2007 this week.
LONDON – Flights between Britain and the European Union are unlikely to be grounded when it leaves the bloc, Willie Walsh, the chief executive of British Airways owner IAG, says.
LONDON – The chief executive of Goldman Sachs has warned for the second time in two weeks about the dangers of Britain’s departure from the European Union.
WASHINGTON – US consumer spending recorded its biggest increase in more than eight years in September, likely as households in Texas and Florida replaced flood-damaged motor vehicles, but underlying inflation remained muted.
LONDON – Europe’s largest bank HSBC has reported a near five-fold rise in third quarter profits as it pushed forward with its cost cutting program.
TOKYO – Japanese officials have conducted checks at two Subaru factories where unqualified workers were inspecting its cars amid reports the company plans to recall 255,000 vehicles to be reinspected.