THE share market edged lower after the US Senate approved the Wall Street bailout package.

SWITZERLAND'S biggest bank UBS, one of the worst-hit by the subprime crisis, said today it expects a small profit for the third quarter after sharply cutting its US mortgage-related positions.

THE US Senate has passed a rescue plan aimed at saving Wall Street and the world economy.

RIO Tinto says the market for its products remains robust despite the global financial crisis.

TOWER Australia will buy the 85 per cent of InsuranceLine Holdings it does not already own for $136 million.

AUSTRALIA has produced its biggest monthly trade surplus in 11 years, in a sign that exports will continue to underpin the economy.

THE Australian dollar closed at a 14-month low today as pessimistic traders failed to get excited about the US Senate vote in favour of a Wall Street rescue.

RIO Tinto boss Tom Albanese says the global financial turmoil has not altered its rejection of BHP Billiton's hostile takeover bid.

WORLD oil prices gained in Asian trade today with market sentiment lifted after the US Senate approved a revised proposal to bail out the US financial sector, analysts said.

MORE often than not it's a dog being hailed as a hero, but this time a cat has saved a human from impending disaster.

A CHAMPION boxer who knocked a man through a window to his death while fighting at a Melbourne party has been sentenced to 17 years' prison for murder.

A SEXUAL assault on a 10-year-old girl by an intruder who broke into her Melbourne bedroom was every parent's worst nightmare, a judge says.

A JUDGE has described a sexual assault by a man who climbed through a window and into a girl's bed as a "parent's worst nightmare".

THE balaclava-clad gunman who shot Melbourne underworld figure Lewis Moran will likely receive a life prison sentence, a court has heard.

POLICE have arrested the son of a hostel owner in Croatia over the disappearance of Melbourne backpacker Britt Lapthorne, the Nine network reported.

A VICTORIAN woman confessed to a former lover she killed her husband of two days, then shot herself and blamed her old flame to discredit him as a police witness, a court heard today.

CALLS for a cull of crocodiles in far north Queensland after a suspected fatal attack earlier this week are ill-advised, an expert says.

Highway Performance Bikes Off Road Team riders David Hogan #127 and Jennifer Blackwood #471 will be heading to Dungog this weekend for the final two rounds of this year's NSW Cross Country/Sprint S...

One Industries have added Andrew McFarlane to their team with an announcment that he will wear the new One Industries Defcon race wear and Trooper helmets on his return to racing in Australia....

Only one round remains in the 2008 Yamaha Northern Inland Pony Express Series and the race for titles is hotting up. The final round will be held on Saturday 18th October at Upper Horton, ...