Latest from Wall St Meltdown

<i>Andrew Gawith:</i> Debt makes even strong nations vulnerable

Air NZ hiring, but not former crew

Air New Zealand has begun hiring new cabin crew - but is not offering jobs to any of the flight attendants made redundant in last year's downturn.

Buyers face a lengthy wait

<i>Paul Glass</i>: Compulsory super could transform NZ

Fletcher's Jonathan Ling: Rider on the storm

Prosecutors dig deep into Wall St's mortgage deals

Households saving more, Reserve Bank data shows

Citigroup to pay director $500,000 for three weeks' consulting

<i>Brian Fallow</i>: Bailout means stricter line on Europe

Big test ahead for Euro

The opening of Europe's financial markets tonight will unleash a battle that may decide the fate of the single currency.

More savers but few have retirement plan: survey

Wall St fear gauge warning

<i>Bernard Hickey:</i> Euro debt crisis will affect us too

<i>Cartoon</i>: Greek ruins

Architects of financial bailout make case for regulatory overhaul

NZX down 1.87pc after volatile session

The NZ sharemarket's benchmark index fell to a two-month low today as the escalating debt crisis in Europe stoked fears of a new credit crunch.

Big pay rises for bosses

Almost half NZ's chief executives received pay rises last year despite the worldwide recession and many workers enduring salary freezes.

BNZ posts rise in cash earnings