Oil prices sank to a six-week low below $73 a barrel on Friday as fears of debt default in Dubai convulsed financial markets and the dollar rose as investors moved into safer assets.
Greg Bundy, vice chairman at Aims Finance and Todd Kerslake, senior advisor at RBS Morgans discuss their top stock resources picks, with guest anchor, Chris Kimber of Bell Potter.
Daily Mail & General Trust beat its forecast with a 23% drop in full-year pretax profit Thursday. DMGT CFO Peter Williams told CNBC the group's net debt, which increased slightly to £1.049 billion, is "very comfortable."
Current oil prices are surprisingly high, according to Jason Feer, senior VP & MD at Argus Media. He tells guest host, Stuart Shrimpton of Intelligent Investments, CNBC's Martin Soong, Sri Jegarajah & Karen Tso why.