Banking and financeEuro fears weigh on Aussie stocksThe Australian share market closed steady yesterday after regaining early losses as investors bought into stocks weakened by concerns about European sovereign debt and tensions on the Korean peninsula.24 Nov 04:30 PM
CurrencyNZ dollar recovers after big retreatThe New Zealand dollar slowly recovered yesterday after it fell to its lowest level against the greenback in nearly four weeks overnight after a shelling exchange on the Korean peninsula added to the US currency's appeal as a safe haven.24 Nov 04:30 PM
ConstructionTelecom and Ebos up as NZ shares buck the trendThe New Zealand sharemarket rose yesterday when many other markets were weak and a large volume was traded in the shares of New Zealand Oil & Gas, the 29 per cent shareholder of Pike River Coal Ltd.24 Nov 04:30 PM
TourismSCF's biggest asset - Auckland's Hyatt soldHyatt Regency Auckland hotel - the single biggest loan book asset of South Canterbury Finance - has been sold for between $50m and $60m.23 Nov 04:30 PM
CompaniesNZOG shares down a third after Pike River trading haltNew Zealand Oil & Gas has shed as much as a third of its market value when the shares resumed trading this afternoon after being halted for the Pike River Coal mine explosion.23 Nov 12:30 AM
CompaniesPike River says mine damage evaluation 'down the line'Pike River Coal says work on evaluating the impact on its West Coast mine of Friday's explosion is "down the line", as it focuses for now on finding the 29 men unaccounted for.22 Nov 08:00 PM
Official Cash RateEurozone future not bright, despite Irish rescueIreland's travails may be short-lived, but the eurozone's future is not looking good.22 Nov 07:30 PM
EconomyInterest rates to rise if credit rating cutStandard and Poor's has put NZ on notice of a possible downgrade to its credit rating unless it reduces its reliance on imported savings.22 Nov 04:30 PM
Banking and financeOz shares catch ride on rail floatThe Australian stock market closed higher on a day when trade was dominated by the public float of Queensland freight railways, QR National.22 Nov 04:30 PM
EconomyShock S P change sends kiwi fallingThe New Zealand dollar fell one US cent in minutes when credit rating company Standard & Poor's changed the outlook on the country's long-term currency rating.22 Nov 04:30 PM
Personal FinanceFletcher and Contact Energy gain as market risesTrading in Pike River Coal shares was suspended and trading in the shares of its biggest shareholder New Zealand Oil & Gas (NZOG) was halted yesterday as the investment community extended their sympathies and also waited for news.22 Nov 04:30 PM
BDBDOfficial Cash Rate<i>Dollar Outlook</i>: Kiwi to take a breather as Irish go to IMF, EU22 Nov 01:00 AM