AAP

Oil prices have been largely steady, rebounding from three-month lows, on a report saying that OPEC members were seeking to resolve their differences on a deal to cut production ahead of a meeting later in November.

The Australian dollar is largely unchanged against its US counterpart as the greenback hits an 11-month peak against a basket of currencies.

Gold has fallen for the third straight session, finding a five-and-a-half-month low as the US dollar and Treasury yields strengthen on expectations that President-elect Donald Trump will boost US spending.

US stocks closed little changed on Monday after rising dramatically the week before and a decline in the technology sector offset a steep rise in financial stocks as investors bet on higher interest rates.

The Australian share market has closed lower, shedding some of last week's Donald Trump-led rally as investors take profits and mull over the US president-elect's policies.

Australia's liquefied natural gas exports have risen 6.6 per cent in October to 4.3 million tonnes, according to estimates by consultancy EnergyQuest.

Agribusiness Elders' full-year net profit has lifted 35 per cent to $51.6 million with higher retail sales and a strong performance in its strong livestock agency business.

Fortescue Metals Group has signed a $US473 million ($A626 million) financing agreement with a unit of China Development Bank to fund the ongoing construction of eight very large ore carriers (VLOC).

The Australian share market has slipped in early trade as overnight declines in oil and metals prices weighed on investors' minds along with general uncertainty over the next US administration.

The Australian dollar has been bashed amid market concerns about the potential impact of US President-elect Donald Trump's policies on the Australian economy.

Oil prices have settled down more than two per cent after OPEC said October output reached another record, casting doubt on whether its plan to limit production is achievable or enough to ease persisting oversupply in the market.

Gold prices have tumbled three per cent to a five-month low, hit by a broad selloff in commodities as well as surging bond yields on speculation a splurge of US infrastructure spending could stoke inflation.

If a Donald Trump administration imposes tariffs on Chinese imports to the US, the hit to China would be limited but the move would spark a damaging trade war, a leading China-focused economist has warned.

The share market has ended a tumultuous week with another gain, thanks to strength among financial, energy and resources companies amid optimism President-elect Donald Trump's infrastructure spending and tax cuts will stimulate the US economy.

Chinese private equity company Hony Capital has paid $159 million to increase its stake in Santos, eight months after selling a major shareholding in the Australian oil and gas player to another Chinese firm.

The Australian share market has opened higher as positive sentiment around US President-elect Donald Trump's infrastructure agenda lifts commodity prices and equities.

The Australian dollar has slipped with markets viewing US President-elect Donald Trump's policies as inflationary.

Oil prices have slipped as markets recover from shock over US President-elect Donald Trump's surprise victory and focus on oversupply concerns, as well as whether OPEC will decide later in November to cut production.

Gold has fallen more than per cent after the US dollar rose to a three-and-a-half-month high against the yen, as markets weighed the election of Donald Trump as US president and how his policies could affect economic growth.

Wesfarmers chairman Michael Chaney has criticised US President-elect Donald Trump's threat to end the Trans-Pacific Partnership (TPP) free trade deal, saying restricting free trade causes economic stagnation.

The Australian share market turned around Wednesday's US election-induced retreat to stage a $50 billion rebound on Thursday as investors speculate that Donald Trump's presidency could boost the US and global economies.

Parents of children with severe disabilities are demanding answers from Western Australia's Disability Services Commission after funding for their care centre was cut.

A Donald Trump presidency is likely to lift global economic growth and will likely result in improved commodities prices that will benefit Australia, according to economists at Commonwealth Bank of Australia.

Former Rabobank trader Paul Thompson wept as he asked a New York judge for mercy, but his emotional plea failed to save him from jail time in a US prison.

The Australian share market has staged a spectacular turnaround, rising more than three per cent in early trade, after US and Europe markets recovered from early losses following Donald Trump's pre

The Australian dollar has firmed as global financial markets adjust to Donald Trump's surprise US presidential victory.

The price of gold has turned slightly negative after the sharp gains made earlier on Wednesday, following a conciliatory victory speech from US President-elect Donald Trump which helped the US dollar rebound.

US stocks rose sharply on Wednesday in a dramatic turnaround from deep overnight losses as Wall Street embraced the upset presidential election victory of Republican Donald Trump.

Oil prices have edged higher as stocks and the US dollar bounced back from a huge early slide following Donald Trump's surprise victory in the US presidential election.

Australian shares have plunged to a four-month low and lost $35 billion in value amid a global shock from US election results that have left Donald Trump poised to become the next president of the United States.

Commonwealth Bank of Australia shareholders have delivered a significant protest vote against the lender's executive pay and forced it to abandon revised conditions for chief executive Ian Narev's long-term bonsues.

Western Australian Director of Public Prosecutions Joseph McGrath has been appointed a judge of the WA Supreme Court.