Finance news you need to know today

A GROUP of investors in the United States is planning for a doomsday scenario by building a $397 million luxury bunker.

HERE are eight things making news in business and finance around the world today.

1. SYDNEY — The Australian dollar has fallen markedly against its US counterpart strengthens to realise its biggest weekly gain in a year. At 6.35am on Monday, the local unit was trading at 75.30 US cents, down from 76.26 cents on Friday.

2. SYDNEY — The Australian market looks set to open lower after international markets fell with investors focusing on President-elect Donald Trump’s likely policies and their economic impact. At 6.45AM on Monday, the share price index was down 15 points at 5,342.

3. ISTANBUL — China is ready to improve relations with the United States following the election of Donald Trump as the next US president, Chinese foreign minister Wang Yi says.

4. TOKYO — Japanese Prime Minister Shinzo Abe aims to underscore the importance of the Japan-US alliance when he meets President-elect Donald Trump this week.

5. MARRAKESH — President-elect Donald Trump’s policies are likely to make it harder for developing nations to obtain the growing finance they need to combat climate change, threatening one pillar of a 2015 international agreement to slow global warming.

6. BEIJING — One of 18 employees of Australia’s largest casino operator detained in China a month ago for suspected gambling crimes has been released on bail, the company says.

7. MUMBAI — Indian banks received 3 trillion rupees ($A58.8 billion) of 500- and 1000-rupee notes over the last four days, the Finance Ministry says, after the government announced it would withdraw such bills to crack down on corruption.

8. COPENHAGEN — The Danish toy company Lego says it won’t advertise anymore in Britain’s Daily Mail, one of several British newspapers targeted by a social media campaign for their anti-immigrant stances.

9. DALLAS — A US investor group is planning for a doomsday scenario by building a $US300 million ($A397 million) luxury community replete with underground homes and airlock blast doors designed for people worried about a dirty bomb or other disaster.