Market preview: Crises fuel stock news

Continued reaction to the terrorist attacks on the United States and the Air New Zealand situation mean there will be plenty of sharemarket news this week.

Global equity markets have dropped sharply since the attacks. Banking, insurance and tourism stocks have suffered most.

Air New Zealand expects to announce the outcome of its recapitalisation discussion early this week.

Today is the start of the year's final quarter.

Scheduled items for the week include South Port NZ's annual meeting in Bluff on Thursday and the Lyttelton Port Company's annual meeting on Friday.

On Wednesday seven past and present directors of Tasman Pacific (alias Qantas NZ) are due to appear in court, charged with not filing annual accounts on time.