AAP

World oil prices have staged a modest rebound on the eve of the latest official snapshot of US commercial crude inventories and production.

Disappointing earnings from IBM and United Technologies hammered the Dow and led the broader market lower.

The Australian dollar has surged after the greenback fell overnight in a sell-off sparked by profit taking.

Gold has edged higher, the day after it took its deepest dive in years and hit five-year lows, with many dealers bracing for more losses on expectations for a rise in US interest rates and subdued demand from India.

The share market has overcome more heavy falls by miners to post a sixth straight gain.

Perth bus drivers have reversed their decision to stop work on Wednesday after two buses burst into flames within 48 hours last week.

Prime Minister Tony Abbott has hosed down expectations his leaders' retreat will settle on changes to the GST.

There's no sign that the Reserve Bank of Australia is getting ready to cut interest rates but, judging by the minutes of its latest policy meeting, it's in even less of a hurry to raise them.

The Australian share market has opened flat.

Crude oil prices have slipped lower as a UN Security Council vote highlighted the prospect of Iranian oil returning to the global market.

The Nasdaq edged up to a third straight record high as solid earnings from toymaker Hasbro and others kicked off a heavy week of quarterly results.

Gold prices have plunged more than four per cent to five-year lows as a sudden bout of selling across Shanghai and New York markets during the illiquid early Asian trading hours triggered a mini flash crash, deepening bullion's biggest rout in years.

The Australian dollar is lower against the greenback as traders look ahead to the release of minutes from the Reserve Bank of Australia's July meeting.

Embattled coal mogul Nathan Tinkler could be arrested after he failed to appear in an Adelaide court.

The share market has edged higher as gains in the financial sector helped to offset weakness among gold miners.

Australia's biggest banks will need to hold billions of dollars in extra capital against their home loans, following a move by the banking regulator to strengthen the country's financial system.

Treasurer Mike Nahan refuses to talk about changing the GST unless it means increasing his state's share of the revenue carve-up.

The Australian share market has opened flat.

The Australian dollar is lower against the greenback which has lifted after Greece revamped its government in an attempt to enforce conditions attached to a third debt bailout.

Gold has fallen to a five-year low, pressured by a strong US dollar and expectations for a US interest rate rise this year, and as China buys less than expected over the past six years.

The Australian share market ended Friday and the week flat after a recovery on the back of the Greek bailout agreement ran out of puff.

Falling oil prices have offset a ramp up in production by energy giant Santos, causing a 19 per cent slide in revenue.

The share market has opened slightly lower, with weakness in the resources sector outweighing gains in the financial sector.

Oil prices have traded mixed amid a stronger dollar and persistent worries about a global oversupply of crude.

The Nasdaq has vaulted to a new record high after a strong earnings report from Netflix helped spark a fairly broad rally led by technology stocks.

Gold fell to an eight month low after the US Federal Reserve's reiteration that interest rates were likely to rise this year pushed the US dollar index to a seven week high.

The Australian dollar is higher against a US dollar hit by softer than expected US economic data.

The Australian share market has closed higher, with a collective sigh of relief from investors after the Greek parliament approved that nation's bail-out conditions.

Rio Tinto has lowered its guidance for full-year iron ore shipments after bad weather hit its Pilbara operations.

Gas and energy giant Woodside Petroleum's revenue has been cut by 36 per cent as a result of sliding LNG prices.

The Australian share market has opened higher after the Greek parliament approved a harsh austerity bill demanded by its creditors.

US stocks have finished modestly lower, snapping a four-day winning streak after violent protests outside the Greek parliament revived anxiety about the eurozone.