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Metlifecare shares go at 7.1pc discount in capital raising
Metlifecare, the retirement village operator, sold shares to institutional and experienced investors at a 7.1 per cent discount as part of its capital raising.
Billionaire banking on China
Kerry Stokes is among the foreigners backing a giant Chinese bank. Whether that bet pays off matters not just for him, but for the global economy.
World markets up on Greek backdown, Europe rate cut
Stocks on Wall St and in Europe rose after an unexpected interest rate cut by the European Central Bank and the vote backdown from the Greek PM.
NZ shares edge up on thin trade over Euro fears
New Zealand shares were mixed in light trading as investors weighed the global risks, including the potential derailment of Europe's plan to staunch its debt crisis.
Rival trader's entry breaks ASX monopoly
The Australian Securities Exchange's 21-year monopoly on share trading is over after cheaper rival Chi-X quietly opened for business this week.
Inside Money: Total KiwiSaver - a fee by FUM analysis
New numbers show the true cost of KiwiSaver management might be lower than many thought.
Metlifecare unveils $45.5m capital raising
Metlifecare, the retirement home operator, is to seek up to $45.5 million in new capital, while 82 per cent-owner Retirement Village Group will sell down its stake.
World markets slump on Greek vote shock
World sharemarkets dropped overnight after the Greek Prime Minister sought to silence critics by unexpectedly calling for a referendum.
Getting the world to sing in tune on trade
The latest WTO trade round is going nowhere fast...
Inside Money: Watchdog warns on free hors d'oeuvre offer
FMA warns potential property investors with no income to 'eat and run' at seminars...