$6.6t rout: US stocks plunge for second day as China retaliates, Fed issues inflation warning
The US$6.6t two-day rout is only rivalled by 2020's pandemic meltdown and the GFC
AdvertisementAdvertise with NZME.
Latest from Companies
‘Ugly week’: How NZ shares weathered the storm of US tariff turmoil
The S&P/NZX 50 closed at 12,225.28, down 113.29 points or 0.92%.
‘Emerged from the shadows’: New Auckland brothel Dark Desire
Previous owners cited a downturn in trade as one of the reasons for business liquidation.
Kiwi business buys local arm of boat-share service Skipperi from Finnish parent
The boat-share service was acquired for an undisclosed figure.
Kiwi electric fence maker Gallagher takes full control of European unit
Gallahger Group has taken full control of Gallagher Europe to further expand the business.
What’s next for NZ stocks after a poor first quarter? Stock Takes
New Zealand shares suffered a poor first quarter, driven by sickly corporate earnings.
‘Bloodbath’: Wall St leads rout as world reels from Trump tariffs
Nasdaq down 6%. What’s Trump’s plan?
Matthew Hooton: Trumpism will force nuclear-free policy review
OPINION: Climate change is also a factor in anti-nuclear policy becoming outdated.
The Body Shop NZ owes $12 million, mall landlords among creditors
$147k was owed to employees, but all were paid during administration.
Auckland Airport charges: Global airline group IATA calls for ‘urgent change’
A blame game over prices isn't good enough for Kiwi flyers, a consumer group says.
Fraud convictions see lawyer struck off
Law Society action follows guilty plea to mortgage fraud charges.
Crane numbers down 15% nationally with sharper drop in Auckland
'This is not surprising given the ongoing issues in the market' - Steve Gracey of RLB.
Amazon makes last-minute bid for TikTok as Saturday deadline looms: Report
China's Bytedance must sell app or face ban in the US.
Borrow-against-your-provisional-tax firm Taxi wins law change, reveals numbers
The small business-focused start-up bags its first two corporate clients.
Tesla sales slump - but shares spike on report Musk leaving Doge
Analyst calls the sales figures 'a disaster on every metric'.
Eric Crampton: Planning reform needed for real supermarket competition
OPINION: Planning rules currently limit supermarket competition in New Zealand.
Opinion: Are New Zealand’s mining royalties too low?
OPINION: Mining contributes to the economy, but relies on foreign investment.
Housing glut: Auckland’s biggest agency has record unsold stock
Some Auckland vendors had begun to expect higher prices, REINZ said of February data.
Du Val saga: How were jewellery, artworks, firearms paid for?
PwC sought court orders for Clarkes to deliver assets or provide information about them.
70 jobs lost as Body Shop NZ goes into liquidation, closes final stores
Body Shop NZ had 16 stores across New Zealand.
OpenAI says it raised US$40b at valuation of US$300b
Biggest ever capital raise for a start-up.
Failed buy-now-pay-later operator Laybuy relaunches under new owner
Laybuy went into receivership last year.
Tower shares dominate trading as NZ sharemarket rebounds
The S&P/NZX 50 Index closed at 12,312.6, up 42.6 points or 0.35%.
Second time lucky: Auckland DJ software firm sells in $175m deal
The Commerce Commission blocked a previous sale to Pioneer DJ.
Billions sitting idle: Should banks be more proactive to help us earn interest?
A closer look at which banks prompt customers to get more bang for this buck.
Elon Musk’s SpaceX pleads with Trump for tariff exemptions
Securing a waiver would reduce the targeted tariff from 25% to 0%.
Property Insider: Spooked by agency closures; developer retrenching; residents begin Amaia shift
People are alarmed by the JLL closures, asking what that says about the successful agency.
Olivado liquidation: Seeka boss explains why they bought the company
New boss hopes to keep jobs, liquidator says claims still coming in.
Business travellers want more face-to-face action
Video calls not cutting it for companies wanting to build strong bonds, travel firm says.
RBNZ to review controversial bank rules, championed by Adrian Orr
Decision comes as banks lobby for loosening of rules.
Contact-Manawa takeover decision delayed
If the deal proceeds, it would make Contact the second-largest generator in New Zealand.
Tech Insider: Microsoft pulls Windows 10 support unless you pay $50 or upgrade - experts on your level of risk if you’re stranded, promising news for Ubco customers, Being AI finally finds directors
PLUS: Being AI finally finds three independent directors - and they're big names.
Not so clever: Fletcher Building’s prefab house-building factory to shut
The $15m factory, which has 35 workers, will close by June 30.
Analysis: Risks ‘not trivial’ – what Govt’s adviser thinks about breaking up supermarket giants
ANALYSIS: Will making groceries more affordable become Nicola Willis' legacy?