Shares in accounting software firm Xero jumped 6.73 per cent to $21.90. Photo / Supplied

Record high for NZX

New Zealand shares rose to a new record close, led by a2 Milk Co as Australian investors continued to back growing demand…

Mark Muller, foreground left, works with fellow traders on the floor of the New York Stock Exchange. File photo / AP

Wall St up, propelled by Apple

Wall Street gained overnight, propelled by Apple shares, as investors awaited the latest Federal Reserve meeting minutes…

Banks facing hefty challenges

The A$30 billion combined annual cash profit reported by Australasia's big four banking giants is an eye-popping figure…