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Investment banks in for a shocker
Goldman Sachs Group, whose shares have fallen 43 per cent this year, may report its lowest quarterly profit since the 2008 financial crisis.
World sharemarkets up on Euro bank plan approval
Sharemarkets in Europe and the US are up after investors appeared to endorse the European plan to recapitalise threatened banks.
World markets up after new Euro debt moves
World markets rose overnight after intervention by the Bank of England and the European Central Bank eased fears about the European debt crisis.
Bernard Hickey: What did double-downgrade day really mean?
Now the dust has settled on 'Double-Downgrade Day', it's worth looking at what it all means.
Tower lifts premiums on bigger reinsurance bill
Tower insurance is lifting its premiums across the board, to help pay for increased re-insurance policies prompted by the Christchurch earthquakes.
Greek woes may affect NZ credit access - Bollard
Greece's sovereign debt woes could end up affecting New Zealand's access to credit and slowing down the country's economic growth, says Alan Bollard.
Investment welcome mat rolled out for Chinese Deputy Premier
Chinese Deputy Premier, Hui Liangyu, got concrete proof that Chinese investment in New Zealand is welcomed, with the signing of a memorandum of understanding in Wellington today.
Commonwealth rated worst home lender
Commonwealth Bank has been rated the worst of Australia's major home lenders, while the industry's smaller players remain the people's favourites.
Outrage over trader who can't wait for recession [+ video]
A British trader has sparked outrage by telling BBC news how he dreams of another recession because of the money he can make out of it.
Surplus still on if Asia stays clear of Euro, US trouble, says Key
Prime Minister John Key thinks the government will be able to stick to its surplus and debt tracks if Asian economies stay "de-coupled" from the economic turmoil in Europe and the United States.
World markets tumble on recession fears
A new report quashing hopes China's would pick up the slack from problems in the US and Europe has sent...