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Business still upbeat, confidence on the wane
Business still upbeat, confidence on the wane

New Zealand firms remained largely upbeat this month, though confidence is still coming off the boil amid falling dairy…

Wait-and-see hold on rate rises

The Reserve Bank raised its official cash rate to 3.5pc yesterday, but said it would now remain on hold for "a period of…

Stocktakes: PowerbyProxi IPO plans pulled?

Wireless charging technology maker PowerbyProxi has shelved its plans to list on the NZX this year, according to a market…

Kiwi dollar keeps falling

The New Zealand dollar was the weakest major currency overnight, touching a fresh six-week low.

Wall St edges to new record
Wall St edges to new record

Wall Street continued its ascent overnight, pushing the Standard & Poor's 500 Index to another intraday record high…

NZ dollar slides to six-week low
NZ dollar slides to six-week low

The New Zealand dollar dropped to a six-week low today after Reserve Bank governor Graeme Wheeler called the kiwi's strength…

NZ posts eighth monthly trade surplus
NZ posts eighth monthly trade surplus

New Zealand posted its eighth monthly trade surplus in June, led by overseas demand for the nation's primary products such…

Dollar tumbles after RBNZ says kiwi's strength 'unjustified'
Dollar tumbles after RBNZ says kiwi's strength 'unjustified'

The Kiwi dollar shed almost one cent against the US after Reserve Bank governor Graeme Wheeler said the currency's strength…

Economy

US growth at weakest since recession - IMF
US growth at weakest since recession - IMF

U.S. economic growth this year will likely be at the weakest pace since the Great Recession ended, the…

Dollar dives after rate hike

The Reserve Bank governor Graeme Wheeler has raised the official cash rate as expected - leading the kiwi dollar to instantly…

Apple bolsters Wall St optimism overnight

Wall Street was mixed overnight, as investors digested the latest quarterly earnings including from Apple and Boeing, amid…

NZ dollar extends drop vs Aussie

The New Zealand dollar extended its decline against its trans-Tasman counterpart after Australian government figures showed…

Social media is 'overvalued'
Social media is 'overvalued'

US Federal Reserve Chair Janet Yellen has a hot stock tip for you: stop throwing so much money at anything…

Dollar 'unsustainably high,' says English

Finance Minister Bill English said the Kiwi dollar, which hit a record on a trade-weighted basis this year, is "unsustainably…

Barry Ritholtz: Inflation truthers trip up over a math problem

The key difference between the truthers of 2010s and those of the 2000s is what each group has criticised and toward what…

110 jobs could go at Fonterra plant

Fonterra says it's 'realigning' its packing operations at its Canpac plant in the Waikato - and 110 jobs may be lost as…

Dollar drops near six week low against Aussie

The New Zealand dollar touched its lowest in almost six weeks against the Australian dollar after Australian Reserve Bank…

Wall St hits new record overnight
Wall St hits new record overnight

Wall Street rose overnight, pushing the S&P 500 Index to a record high, as investors opted to focus…

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