'Market tantrum': US stocks finish sharply lower to close out global rout
Financial Times: S&P 500 finishes trading day down 3% after Nikkei gets thrashed.
AdvertisementAdvertise with NZME.
Latest from Companies
'It would take out 20% of sales': what many Catalina Bay apartment buyers want
One-bedroom units are $1.1m, the penthouse is $5m: New project, nearly done, move-in soon.
US stocks and Treasury yields continue recovery from session lows
Financial Times: After global rout, Magnificent Seven stocks clawed back declines.
'What I learned': Why Ben Wilson converted offices to apartments
Several CBD office buildings in Auckland have been converted into apartments, hotels.
Global rout: Japan’s stock index suffers worst day since 1987
'Sea of Red' as trading in Nikkei futures suspended, Australia has worst day since 2020.
Northland councils blind to economic benefits of Northport expansion proposal, port company argues
Port challenges councils’ findings on cultural values.
World’s biggest lithium producer urges state help to compete with China
Financial Times: US producer cuts expansion plans in struggle over key mineral for EVs.
Airpoints alert: Air NZ warns of disruption during tech revamp
What's going to be offline this week.
Official Cash Rate tipped to hit 5% by year’s end
One bank has updated its OCR forecast, and now expects a drop in October.
Watch: New e-scooter operator Ario has a riderless twist
Self-stabilising design enables self-parking, scooters that will one day come to you.
Scope of Du Val businesses revealed: 64 entities now in PwC hands
The apartment and townhouse development group has been put into interim receivership.
Warren Buffett’s Berkshire Hathaway halves stake in Apple
Financial Times: Cash holdings hit record high as billionaire dumps $127b of stocks.
Matthew Hooton: Kiwibank expansion plan deserves wide support
OPINION: Willis’ proposal honours Jim Anderton and Trevor Mallard’s vision.
Precious metals meet superheroes in NZ Mint collection
A gold broker in Auckland plies an ancient trade with modern twists.
Intel shares fall 20% on plans to cut 15,000 jobs
Financial Times: Chipmaker says it'll also reduce spending as strategy hits setback.
The Warehouse takeover bid falters at first hurdle
The deal failed to get shareholder support beyond Sir Stephen Tindall.
Du Val Group in receivership: Why the FMA and police swooped, and what next?
One increasingly worried subcontractor complained of being owed around $500,000.
Stock Takes: NZ lower cap companies ripe for takeover – who's next?
Will weaker New Zealand share prices encourage more takeover activity?
Auckland property developer placed into interim receivership, police at property
Around 120 investors put money into Du Val entities.
Mortgage war? Banks competing hard to win customers
Some rates have eased in anticipation of the Reserve Bank lowering the official cash rate.
$458m sale of Auckland’s Vero tower ditched: Year’s biggest property deal off
Skyscraper deal gets flushed after Hong Kong suitors don't progress.
ComCom to consult Australian regulators on impact of ANZ bond probe
Monopoly Watch director Tex Edwards calls for ComCom to delay its final banking report.
Five-day SkyCity casino closure dates out
Five days in a row and weekdays were always anticipated. No weekend shutdown.
London loses historical grip on global mining sector listings
Financial Times: New York, Toronto and Sydney have overtaken the UK capital.
Ryman reviewing new residents' fixed weekly fees: 'Quite a financial drag'
'The fixed fee has hurt us. No one expected rates to go up 15% per annum."
Rex airline’s Australian city routes ‘set up for failure’, says former regulator
Regional flights continue despite Rex axing city trips.
How a $448 million wind farm was nearly blown off course
From multiple cyclones to Covid lockdowns and cement gone wrong.
‘Standout result’: Briscoe Group posts sales record but profits slip
The company posted a fourth successive sales record.
New player Kiwi Mobile offers $1.30 per day plan
Can a newcomer buck the trend in a failed market segment?
Meta’s revenue growth reassures investors as Zuckerberg plots AI spree
Financial Times: Zuckerberg has been attempting to win over investors with his AI vision.
Fed says first cut to US interest rates could come in September
Financial Times: Comments by chair Powell boost expectations of pre-election move.
'The idea was to design an artificial sky' - architect Gordon Moller on new SkyCity hotel
New hotel opens today, offering 303 rooms and with an initial 65 staff.
Households’ loan arrears may have peaked but tougher times likely for businesses
Around 465,000 people are behind on their payment obligations.