The Australian government bowed to growing pressure by announcing a high-level inquiry into misbehaviour in Australia's financial sector.

A sluggish September has continued for US stocks as investors assessed the outlook for interest rates, the latest sanctions against Russia and volatile energy prices.

The Dow Jones industrial average closed above 16,000 for the first time today as encouraging news on the job market pushed stocks higher.

Strong housing and earnings reports helped US stocks rebound from their worst day of the year.

Johnny Depp is set to produce a modern re-imagining of 'Don Quixote'.