AAP

The Australian dollar is under pressure as investors await the outcome of an emergency eurozone meeting to discuss the future of debt-stricken Greece.

World oil prices have fallen sharply, with New York crude sliding below $US49, as swelling US inventories added to the global supply glut.

Gold prices have fallen as a stronger US currency damped investors' appetite for the dollar-denominated metal.

China-based Premiere Eastern Energy will list on the Australian sharemarket tomorrow as it pursues growth in the world's largest economy.

The Australian sharemarket has finished weaker because of disappointing company results and continued commodity price weakness.

Asset sales by the new management of construction giant Leighton Holdings have boosted annual profit and offset lower earnings from its mining operations.

Copper and gold miner Oz Minerals is back in the black thanks to improved production at its Prominent Hill mine in South Australia.

Australia's housing construction boom has helped Boral rebound to record $104 million in half-year profit, but the building products maker says the benefit of further rate cuts on housing will likely be minimal.

Australia's biggest workforce provider, Skilled Group, has unveiled a flat first-half profit result although its engineering and marine services businesses posted strong earnings.

The sharemarket is slightly higher after Australia's largest company the Commonwealth Bank announced a huge first half profit.

The Commonwealth Bank of Australia has unveiled a record $4.62 billion half-year profit, but warned weak consumer and business confidence levels are threatening the economy and has placed the problem squarely at the federal government's feet.

Wall Street stocks have rallied, with tech giant Apple hitting an all-time high and investors applauding encouraging earnings from Coca-Cola and other upbeat company news.

Oil prices have slumped after the International Energy Agency issued a downbeat global market outlook and traders braced for a further increase in record US crude-oil stockpiles.

The Australian dollar has slipped back below 78 US cents as the US dollar regains its strength.

Gold prices have fallen, as investors pushed up yields on US government bonds on expectations that the Federal Reserve would raise interest rates later in 2015.

Concerns about a Greek debt default and gloomy local economic sentiment have weakened the Australian share market.

Bradken shares plunged 22 per cent after it suffered a heavy half-year loss, adding to expectations of a bleak earnings season for mining contractors.

The Aussie Yowie is set to invade the US, with the Perth-based company signing a distribution deal with US retail giant Walmart.

Home owners enjoyed another good year in 2014, with home prices rising on average almost $11,000 across the eight capital cities, however Perth prices were largely flat.

Rio Tinto is expected to keep its promise to increase returns to shareholders this week.

Telstra is expected to have made a profit of more than $2 billion in the six months to December, but an even larger number is set to attract the most attention.

Premier Colin Barnett says the state government will turn its attention to expanding the boundaries of the City of Perth, after he conceded his plan to halve the number of local governments in the

A man has died after a rock fall at BHP Billiton's Olympic Dam underground copper mine in South Australia, while another man has been killed after being struck by a train near Guildford Station.

The share market has opened lower amid fears of a Greek debt default.

Wall Street stocks have followed followed European equity markets lower, dropping on growing fears of a Greek default and exit from the eurozone.

Oil prices have advanced further as OPEC forecast a reduction in US output amid a dip in North American crude production.

The Australian dollar has rebounded back above 78 US cents as the greenback lost its edge overnight.

Gold prices have risen after tough talk by Greece's newly elected government sparked fears about the integrity of the eurozone.

The share market's stellar run has come to an end as a sharp drop in Chinese imports caused weakness in the mining sector.

Commonwealth Bank of Australia's profit is expected to have hit a record of at least $4.5 billion in the first half of the financial year, as it rides the wave of a booming housing market.

Australia's largest gold miner Newcrest Mining is expected to report a first half loss as production continues to wane.

The Australian sharemarket is trading lower and could be on its way to ending 12 straight sessions of gains, as investors react to sluggish Chinese trade figures and take profits.