Timbercorp bought back several million dollars worth of projects from favoured investors while hard sell continued on others.

The Russian stock market is set to partially reopen after being shut for a month -- the longest break since the collapse of the Soviet Union in 1991. The question is what will the price action actually indicate.

Authorities are investigating members of an alleged "fake debt bankruptcy fraud ring" accused of using sham debts to shield millions of dollars in assets from Timbercorp creditors and investors.

Shares close down but well off their early lows after strong oil prices drive a relief rally in energy stocks and amid some bargain hunting in the mining sector, while the Aussie threatened to break below 82 US cents.

Payment providers are divided in their reactions to the Murray inquiry attempt to cut down payment surcharges and fees – and it largely comes down to whether they’re a dominant incumbent, or a new kid on the block.