Latest from Markets

NZD holds near five year high against Aussie
The New Zealand dollar held near a five-year high against its trans-Tasman counterpart today .

Funding jump for Kiwi software firm
Auckland-based software firm Triplejump, which is planning to make its stock exchange debut next year, has secured close to $1m in research and development funding.

Shane Warne's new Moa brew
Craft brewer Moa has gone into business with Australian cricket legend Shane Warne.

Chorus shares continue plunge
Chorus shares have continued to tumble to a new low this morning - on the back of 35.5c fall last week.

Brian Gaynor: Judge IPOs on their merits, not the hype
It has been a great year for sharemarket investors, with the NZX50 Gross Index up 19.4 per cent since the end of 2012.

Diana Clement: Responsible investment a force to be reckoned with
What's your money up to? Are your KiwiSaver and other investments funding industries that damage the environment, use child labour, encourage gambling or produce tobacco?

NZ Dollar drops to a week low on Europe concern
The New Zealand dollar dropped to a week-low as speculation European interest rates may go negative.

Forest & Bird won't appeal mine decision
Forest & Bird (F&B) has pulled the plug after a two-year legal battle to stop Bathurst Resources' new Buller coal mine.

Who owns a slice of Xero pie?
A Facebook billionaire, an investment company tied to a charitable trust working with Australian Aboriginal communities, and TradeMe founder Sam Morgan are among the largest holders of Xero shares which have soared more than 500 per cent in the past year.

Twitter shares surge 70pc
If Twitter's bankers and executives were hoping for a surge on the day of the stock's public debut, they got it.

Chorus shares plunge again
The Government has launched an independent probe of Chorus' financial position and its ability to deliver on nationwide ultrafast broadband contracts.