Latest from Markets

Rakon's shares sink to record low

SkyCity first-half profits drop 16pc

Profits are down at SkyCity, after Rugby World Cup benefits weren't repeated and international visitors won more money than usual.

Growing lineup of NZX listings

Companies with strong growth prospects and businesses involved in the dairy and agricultural sector are high on the wish list for new listings on the sharemarket.

Market's early strong run continues

Shares rally on 'whiff of recovery'

Surplus, but aluminium tipped to rise

Aluminium prices should improve slightly this year, despite an expected surplus of the metal and the likelihood of overproduction in the years ahead.

South Pole a cold mine in waiting

Pat Pilcher: Is Facebook dying?

The fall in the number of UK Facebook users had led many to speculate that Facebook has hit a saturation point in developed markets like the UK and could be going backwards.

Absorbent clay key to clean farms

A mining sector group says New Zealand should be doing more to capitalise on the use of pollution-soaking clay to clean up dairy land.