Latest from Markets
Oil slips below US$44 briefly
Oil prices closed higher after a volatile session that saw the New York price drop below US$44 a barrel for the first time since March 2009.
NZ dollar slumps to 4-year low
The New Zealand dollar is headed for a 2.1 per cent weekly decline against the US dollar, having hit a four-year low after the Reserve Bank on Thursday removed its bias for higher interest rate.
Kiwi dollar touches four-year low
The New Zealand dollar is touching a four-year low after the Reserve Bank abandoned its bias for raising interest rates and said a rate cut was a possibility.
Russia's credit rating cut to junk
Russia’s foreign-currency credit rating has been cut to junk by Standard & Poor’s, putting it below investment grade for the first time in a decade.
Brian Gaynor: IPOs: The importance of getting off to a good start
The two big lessons from last year's initial public offerings were the huge difference between the best and worst performing companies and the importance of the first trading day.
Danes fight back against speculators
Denmark is trying to silence currency speculators as its government and central bank insist it won't follow Switzerland in severing its euro ties.
Rod Duke bats away takeover talk
Retail veteran Rod Duke is staying silent on market speculation that he might try to take control of struggling childswear retailer Pumpkin Patch.
NZ dollar hits record high against euro
The NZ dollar rose to its highest level in more than six weeks against the greenback, and touched a record 67.45 euro cents after a Swiss move overnight.
Xero seeks US boost
Accounting software firm Xero has introduced a new combined payroll and accounting software platform to help increase growth in the US.
Oil explorers pull back on drilling plans
Plunging oil prices have forced explorers to scale back plans in New Zealand, some have had to restructure and there could be a sharp decline in capital spending in a sector the Government has backed....
Aussie gas industry set for a big year
Australia's coal seam gas extraction industry is set for a bumper year in 2015, but the petroleum exploration sector isn't.
Trade Me backs Harmoney
Robust investor interest meant peer-to-peer lending platform Harmoney could have easily tripled the size of its $10m capital raising, says chief executive Neil Roberts.
Editorial: Increase in oil margins needs explaining
It has become standard for tough questions to be asked of oil companies when the price of petrol rises or falls dramatically.
Meat export rise shrinks trade deficit
New Zealand posted its smallest November trade deficit in four years, beating economist forecasts, as falling dairy prices were offset by a rise in meat exports.
Kathmandu shares plunge
Kathmandu's shares have slipped to a near two-year low as the outdoor retailer blames low consumer confidence for a subdued start to Christmas trading in its Australian market.
Editorial: Falling oil price carries a downside
Petrol prices dropped for the 12th successive time this week and even better news appears to lie ahead for holiday motorists.
Wynyard may miss annual forecast
Wynyard Group, the security software firm, warned annual revenue may come in lower than its forecast $29 million.
Shunning Apple tops long list of wrong market calls in 2014
Aversion to the iPhone maker is turning out to be one of the worst blunders in 2014 for money managers.
Kiwi consumers winners in oil slump
The sharp fall in oil prices is set to continue benefiting consumers but could delay exploration projects around New Zealand.