Finance news you need to know today

A REVIEW of Donald Trump’s tax returns from the past 10 years show no income from Russian sources outside of a few exceptions, his lawyers say.

HERE are five things making news in business and finance today.

1. SYDNEY — The Australian market is expected to open higher, thanks to a strong rise in commodities such as copper and oil. The share price futures index on Monday was up six points at 5817.

2. SYDNEY — Meanwhile, the Australian dollar is slightly higher against the US dollar, which fell following the release of some weaker than expected US retail spending data. At 0700 AEST on Monday, the Australian dollar was worth 73.92 US cents, up from 73.77 US cents on Friday.

3. LONDON — An international effort is under way to track down the criminals behind an unprecedented global cyber attack that wreaked havoc across Britian’s National Health Service.

4. BEIJING — President Xi Jinping has called for closer co-operation across Asia and Europe in areas from anti-terrorism to finance.

5. WASHINGTON — A review of President Donald Trump’s tax returns from the past 10 years show no income from Russian sources outside of a few exceptions, and indicated he did not owe money to Russian lenders, his lawyers say in a letter released by the White House.