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Investment banks in for a shocker

Goldman Sachs Group, whose shares have fallen 43 per cent this year, may report its lowest quarterly profit since the 2008 financial crisis.

Strong demand tipped for SOEs

Dollar's fall boosts business confidence

Kiwi dollar surges to US78c on Euro optimism

World sharemarkets up on Euro bank plan approval

Sharemarkets in Europe and the US are up after investors appeared to endorse the European plan to recapitalise threatened banks.

CPI now includes e-books and iPads

Insured Group suspended from NZX

Kiwi dollar starts week down

Bernard Hickey: Back to an AA+

NZ Super Fund's bumper year for staff

Senior managers at staff at the NZ Super Fund received $1.39m in bonuses in the past year, after turning in a 25 per cent return for its Government owners.

Summerset share price set -$1.40 each

Summerset Group, the retirement village operator preparing a partial float, has set its listing price at $1.40 a share, the bottom end of the indicative range.

Summerset share price revealed-$1.40

World markets up after new Euro debt moves

World markets rose overnight after intervention by the Bank of England and the European Central Bank eased fears about the European debt crisis.

Shares inch up amid growing optimism over Europe

New Zealand shares rose yesterday, with OceanaGold, ANZ, Westpac and AMP leading the gains as equities reflected more optimism over Europe.

Weldon off, but who will replace him is a mystery

Weldon says he's not leaving for politics

Outgoing NZX chief executive Mark Weldon has knocked back speculation that he has political ambitions. Market watchers are giving a mixed verdict on his ten years at the helm.

New Telecom tipped as takeover target

The 'New Telecom' - formed when its Chorus network business is split off in November will be the third biggest company on the NZX and a potential takeover target.

Bank of India opens doors in New Zealand