WORLD oil prices held steady near record highs Friday, driven by supply worries and a weak dollar, analysts said.

IRON ore miner Murchison Metals has advised the Australian stock exchange (ASX) that it cannot explain some unusual trading in its shares in the past week.

BARGAIN hunters pushed the share market into positive territory this morning, as they snapped up deals in the local resources sector.

TAKEOVER target Just Group has rejected a request from its predator, Solomon Lew's Premier Investment to disclose more on its fiscal 2009 earnings outlook.

INSURANCE Australia Group (IAG) could be poised to announce massive writedowns from its UK operations of up to $200 million, which may force it to cut its final dividend.

THE Australian share market has broken a six-trading-day losing streak to end today well over 1 per cent stronger as bargain hunters pounced.

ORIGIN Energy, Australia's second largest power retailer, has formally rejected a $13.7 billion takeover bid from BG Group.

ST GEORGE Bank has lifted its standard variable home loan rate by 20 basis points to 9.67 per cent, independently of the central bank.

ST George Bank has lifted its standard variable home loan rate by 20 basis points to 9.67 per cent, independently of the central bank.

THE Rudd government will impose limits on Chinese takeovers as it grapples with a $30 billion wave of investment proposals.