Investor fatigue claimed its first victim yesterday when Australian private equity firm Next Capital withdrew its initial public offer for Hirepool.

Serko took a beating on its sharemarket debut yesterday, with its shares falling by almost 14 per cent.

Australian private equity company Next Capital have withdrawn its IPO for Hirepool because of a lack support from domestic institutions.

The chairwoman of the US Federal Reserve, Janet Yellen, said the New Zealand economy seemed to doing extremely well.

Bank bosses argue capitalism must a regain sense of social responsibility to restore public faith in its virtues.

Coca-Cola shareholder David Winters is accusing Warren Buffett of plotting to take the soft-drink maker private.

Wireless charging technology developer PowerbyProxi wants to have a $30 million to $40 million capital raising this year.

Liam Dann asks, "What sort of economic fallout can we expect if Baghdad falls? It is a question that has carried serious geopolitical weight for thousands of years."

It's a long way from netball hoops to jumping through the hoops of doing business in China but farmer Mike Wilkins is aiming as carefully as his former Silver Fern wife.

Goodman Fielder will spend $27m to expand its Christchurch UHT milk plant, giving it additional capacity to meet increased demand in Asia.