Markets news
Shares news

Market close: NZ sharemarket drops while The Warehouse finds encouragement
The NZ sharemarket had a slight gain today as the Red Sheds reported sales growth.

Google shares plunge 7% as Apple exec cites AI competition
Shares in Alphabet fell over 7% after Apple exec testified in court.

Market close: Contact-Manawa deal boosts NZ sharemarket
New Zealand shares ended strongly after better jobs data and on takeover news.
Currency news
Crypto news

Trump family pushes further into crypto, starting another venture
New York Times: Two of Trump's sons have invested in a new bitcoin-mining company.

‘Natural fit’: Kiwi crypto firm snapped up by Australian giant
The merger creates Australasia’s second-largest crypto platform by trading volume.

North Korea steals $2.6b as it pulls off world’s biggest ever heist
Hackers used phishing emails to access Bybit’s cold wallet, Chainalysis reported.
Stock Takes
Commodities news

Gold hits $3500 as stocks rebound amid trade war fears
Gold has set a series of records in recent weeks.

Chicken exports normalising after flu outbreak – MPI
Chicken exports are getting back to normal, MPI says.

China halts critical exports as trade war intensifies
New York Times: Tap turned off on rare minerals and magnets used in EVs, chips, aerospace.
Business news

'Good luck and good night': Top economics professor ends blog, says politicians have threatened his prospects
'I know the game - they’ve labelled me a troublemaker': Auck Uni professor's final post.

Liam Dann: ‘Perfect storm’ for flat whites - what surging food prices mean for the economy
Butter, cheese, coffee...do rising food prices signal the return of high inflation?

Ryan Bridge: I hereby request a pay equity claim for NZ v Aus
OPINION: Greens' budget fails to address NZ-Australia wage gap.
More markets news

Liam Dann: In a world of grim news, here are five economic bright spots
OPINION: There is no shortage of bad news to worry about, but let's not despair.

Market close: NZ sharemarket rises as gentailers make gains
The NZ sharemarket rose strongly today as gentailers made gains across the board.

Allbirds predicts turnaround - finally - if lucky break on tariffs holds true
PLUS: Waterproof Allbirds - and some "professional" sneakers for the office.

Market close: Contact-Manawa deal boosts NZ sharemarket
New Zealand shares ended strongly after better jobs data and on takeover news.

Inside Economics: How much Government debt is too much?
OPINION: Liam Dann takes a deeper dive into the week's economic news.

Market close: SkyCity shares fall 6% as NZX 50 trades flat
The casino operator has downgraded its earnings guidance for the second time.

Market close: NZ sharemarket rebound continues
Composure is returning to markets after an unruly April.

AI could make crashes worse, amplify herd behaviour: Reserve Bank
One expert says the report doesn't go far enough, another says it overplays the risks.

Warren Buffett says he'll retire from Berkshire Hathaway by year's end
Buffet's success earned him the nickname 'The Oracle of Omaha'.