Anyone hoping for a weekend fix to the global banking sector will have to wait a little longer - perhaps a lot longer.

Goldman Sachs Group, whose shares have fallen 43 per cent this year, may report its lowest quarterly profit since the 2008 financial crisis.

World markets rose overnight after intervention by the Bank of England and the European Central Bank eased fears about the European debt crisis.

Now the dust has settled on 'Double-Downgrade Day', it's worth looking at what it all means.

Tower insurance is lifting its premiums across the board, to help pay for increased re-insurance policies prompted by the Christchurch earthquakes.

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 Bank has been rated the worst of Australia's major home lenders, while the industry's smaller players remain the people's favourites.

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.

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.

A new report quashing hopes China's would pick up the slack from problems in the US and Europe has sent...