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World markets tumble on recession fears
A new report quashing hopes China's would pick up the slack from problems in the US and Europe has sent...

William Cohan: Trader's $2.8b loss punts Wall St back into regulators' jaws
The UBS rogue trader debacle shows how little banks have learned since the world financial crisis.

'Need a miracle' - $2b rogue trader tells Facebook
Neighbours of suspected UBS rogue trader Kweku Adoboli had noticed that lately he was working much longer hours than usual ...

How could another rogue trader happen?
How could Kweku Adoboli have lost his bank $2 billion after all the previous trading scandals?

Bernard Hickey: How did Europe get in this mess?
Bernard Hickey with ten questions about the European debt mess and what it might mean for New Zealand.

Crisis brings us closer, says EU president
Those who think that the Euro will disintegrate are not fully aware of the dynamics of the European Union, the EU Commission President Jose Manuel Barroso said in Auckland today.

Share slump hammers Euro banks
Stocks in Europe and Italian fixed-income securities were pummelled on concern about the euro zone's debt crisis. The benchmark Stoxx Europe 600 Index ended the day with a 4.1 per cent drop.

Economy on the mend, but global threats loom, says NZIER
New forecasts from the NZIER say the economy is growing slowly this year and keep growing next year, but exports are threatened by a potential global slowdown.