Latest from Markets

NZF Group faces liquidation
NZF Group faces liquidation after the resignation of its auditor scuttled a proposal for a restructure, and left the board with no option but to liquidate the company.

NZ's first Bitcoin ATMs unveiled
New Zealand's first Bitcoin ATMs have been unveiled - but they won't be in one place and you can't get cash out of them.

Xero joins forces with KPMG for UK push
Cloud software firm Xero has joined forces with giant KPMG to provide accounting and tax services to SMEs in the United Kingdom.

Stock takes: Mega warning
The Shareholders Association has warned investors to be wary of the market speculation surrounding TRS Investments - the company which this week announced it would merge with Kim Dotcom's Mega in a $210 million deal.

Mega share partner facing charges
One of the main shareholders of the company Mega plans to use to achieve a $210m listing on the NZ stock exchange is facing market manipulation charges in Australia.

What is a back door listing?
Mega, the online storage company set up by Kim Dotcom is to list on the NZX. Herald stock market specialist Tamsyn Parker offers some insights on stock exchange back-door listings.

Liquidation bid an attempt to extort terms - judge
An attempt to have the Court of Appeal order the liquidation of Greymouth Petroleum was described by one of the judges hearing the appeal as a tactic to "extort."

Petroleum firm stoush in court
A long-running and acrimonious dispute between two rich-lister shareholders of Greymouth Petroleum and their former colleague at the oil and gas company is heading back to court.

Augusta Capital buys KCL Property
A listed property business with $350 million of real estate is growing into a business managing $1.2 billion of property through a deal

Stock Takes: Salt into Pumpkin Patch
Fund manager Salt has used a slump in Pumpkin Patch's share price to snap up more shares in the stock.

Currency trading with China no big help: expert
An agreement to allow direct trading of the NZ dollar with China's renminbi is more political than practical and won't save businesses much money, according to one currency expert.

Stock Takes: On the Edge
Pacific Edge has had a rollercoaster of a ride this week after receiving a please explain notice from the stock exchange about its recent share price decline and then an index notice to....

Dita De Boni: Kiwi rubbish reeks of success
Many large players pitched for the Kiwi waste business, but Beijing Capital rolled in with a $950 million cheque, and the deal was done, writes Dita De Boni.

Stock Takes: War, what war?
The strife between Russia and the Ukraine has resulted in a tough week for European stock markets but the NZ bourse has taken no notice of the situation and hit new highs, writes Tamsyn Parker.

Xero shares close at a new record high
Shares in Xero have hit another new high today after an announcement that the tech company will be included in a global index for the first time.

Rakon censure 'timely reminder'
Rakon has been censured and fined for breaching NZX disclosure rules after news broke in China about a new purchase in July last year.

Stock Takes: Genesis float timetable tight
The Government has given itself a tight timetable for the Genesis Energy float...

Milford paves way for BurgerFuel Subway deal
Kiwisaver provider Milford Asset Management played a key role in sealing BurgerFuel's partnership deal with the founders of the Subway sandwich chain.

BurgerFuel's 1000-store target
BurgerFuel hopes to open 1000 new stores over the next eight years after selling a 10 per cent stake to the founders of the Subway sandwich chain.