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GREECE denies a German newspaper report claiming it is considering opting out of receiving more bailout money if lenders can’t not agree on debt relief.

CommSec: Mid-Session 31 May 17

THE Australian share market looks set for a soft open after a negative lead from overseas. At 0700 AEST on Wednesday, the share price futures index was down four points, or 0.07 per cent, at 5,718.

Meanwhile, the Australian dollar has gained against the greenback after US Federal Reserve governor Lael Brainard said soft inflation may yet make her reassess monetary policy. The local unit was worth 74.65 US cents at 0700 AEST, up from 74.38 US cents on Tuesday.

ELSEWHERE:

WASHINGTON, DC — A group that published hacking tools that security experts believe were stolen from the US National Security Agency says it plans to sell a new batch of stolen code in July to customers willing to pay more than $US22,000 ($A29,451) for it.

SINGAPORE — Singapore’s central bank has fined Credit Suisse and United Overseas Bank a total of S$US1.6 million ($A1.55 million) for breaching anti-money laundering rules in transactions related to Malaysia’s scandal-ridden state fund 1MDB.

ATHENS — Greece denies a German newspaper report claiming it is considering opting out of receiving more bailout money if lenders can’t not agree on debt relief.

Original URL: https://www.news.com.au/finance/markets/world-markets/finance-news-you-need-to-know-today/news-story/afd9ac5f3c62facdae90d194d256650c