Finance news you need to know today

THERESA May’s government says income tax would not rise for high earners in an apparent new promise to voters less than a week before the UK election.

THE Australian market looks set to open modestly higher after Wall Street’s main three indexes again close at record highs. At 0700 AEST on Monday, the share price futures index was up 10 points, or 0.17 per cent, at 5,797.

Meanwhile, the Australian dollar is comfortably back above 74 US cent after the US jobs report hurt the greenback. The local currency was trading at 74.26 US cents at 0700 AEST on Monday, from 73.90 US cents on Friday.

ELSEWHERE:

LONDON — A minister in British Prime Minister Theresa May’s government says income tax would not rise for higher earners in an apparent new promise to voters less than a week before an election that opinion polls show is much closer than previously thought.

WASHINGTON — President Donald Trump is hitting the road to ramp up his long- promised plan to overhaul the nation’s ageing airports, roads and railways, in a bid to energise his supporters and distracting from political intrigue in Washington.

LONDON — Bird flu has broken out in a flock of birds at a premises in a UK town. WASHINGTON — SpaceX has successfully launched a Falcon 9 rocket carrying a capsule packed with supplies for the International Space Station.

LOS ANGELES — Apple is expected to announce plans next week to make its Siri voice assistant work with a larger variety of apps, as the technology company looks to counter the runaway success of Amazon’s competing Alexa service.

LONDON — Spectacles, the camera-enabled glasses that connect with Snapchat, have launched in the United Kingdom for the first time.