Latest from Markets

Stock Takes: Third listing a boost for NXT
The mood was upbeat at NZX's Auckland offices yesterday as the third addition to the new NXT board, food supplements maker Oceania Natural, went public.

Oceania rallies after listing on NXT
Shares in Oceania Natural rallied after the supplement maker became the third company to list on NZX's new NXT market.

'Dovish' US keeping NZ dollar high
Dimming chances of an interest rate hike in the US have worked to counteract any weakness in the New Zealand dollar.

IkeGPS rejigs executives
An executive reshuffle at ikeGPS will see the departure of the developer's chief financial officer and senior vice-president of sales.

Big oil dreams turn to dust
It's been boom and bust in the US oil game for a long time - but this bust is shaping up to be the biggest ever.

Police clash with oil protesters
WATCH: Protesters disrupt big petroleum conference at Auckland's SkyCity.

Kiwi edges up on Fed jitters
The New Zealand dollar is heading for a 1.3 per cent gain this week as demand for the greenback waned.

Vista shareholders to sell down 25.5pc
20 shareholders in VistaGroup International will sell about a quarter of the company's stock to institutions and retail brokers at a 6.3 percent discount.

Chows' holding diluted to comply
Property developers John and Michael Chow have reduced their holding in Chow Group as part of their efforts to meet NZX listing requirements.

Shares rise but lag overseas rally
New Zealand shares rose, following international markets, with ANZ Banking Group, Genesis Energy and SkyCity Entertainment Group leading the index.

Stock Takes: Airport high could have a downside
Auckland Airport hit an impressive milestone this week as its market capitalisation sailed across the $8 billion mark for the first time.

Chow brothers buy Stonewood Homes
Adult entertainment and property investors strike deal for troubled builders.

More job lossses for West Coast mine
Company says latest Solid Energy cuts not a 'slash and burn exercise'.

NZ dollar gains vs British pound
The kiwi advanced to 47.62 British pence at 8am in Wellington.

Mark Lister: Birthday brings more worries
This week marks the seven-year anniversary of this bull market. In March 2009, the S&P500 share market index in the US bottomed at a closing level of 677 points.

SFO drops Kiwi crime-fighting software
The Serious Fraud Office has ended its three-year contract with Wynyard a year early because the software could not deal with some of its accounting documents.

NZ dollar hits two-month high
The kiwi touched a two-month high as the greenback slid following a mixed report on the US jobs market.

Plunging oil prices hit NZOG
Plunging oil prices have forced New Zealand Oil & Gas to shed workers, prune its board and will lead to the shutdown of an offshore field four years early.

De Beers ramps up diamond sales
De Beers is ramping up diamond sales to cash in on a recovery from last year's slump.