Financial Times reports KPMG's Australia unit will cut hundreds of jobs and reduce average partner compensation by 13%, saying growth may remain subdued for at least the next two years after an audit scandal.

SoftBank will issue 1 trillion yen of bonds.

Copper remained above $14,200/ton after last week’s dollar weakness boosted investor buying and markets tracked global inventories. ANZ said large deliveries into LME warehouses have eased the most acute supply tightness, but concerns over import tariffs mean the US may still draw more copper from international markets. In European morning trade, LME three-month copper rose 0.2% to $14,207.50/ton, up more than 4% month-to-date.