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Kiwi dollar eases after weak US house data 11:30AM Thursday November 19, 2009

The New Zealand dollar eased lower after weaker-than-expected US housing data eroded investors' appetite for higher-yielding, or riskier, assets and dragged down stocks on Wall Street. Housing starts in the US fell to an annualised rate of 529,000 last month, the lowest in six months, damping optimism… More


Lazard's North America boss to succeed Wasserstein 4:00AM Thursday November 19, 2009

Lazard, the gentlemanly giant of Wall St financial advisory firms, has appointed an insider, Kenneth Jacobs, to… More

US growth hopes get boost from new data Photo / AP 10:30AM Tuesday November 03, 2009

WASHINGTON - Hopes for the fledgling US economic recovery got a boost on Monday from better-than-expected news… More

Time Warner set to flick off AOL Time Warner is set to spin off its AOL business into a separate company. Photo / AP 2:02PM Tuesday November 17, 2009

SAN FRANCISCO - Time Warner said that it will spin off its internet business, AOL, as a separate company on Dec… More

Dollar outlook: Kiwi may fall further amid rising risk aversion 2:00PM Monday November 02, 2009

The New Zealand dollar may fall this week as investors get jittery about the speed and strength of the global… More



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