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William Cohan: Trader's $2.8b loss punts Wall St back into regulators' jaws
The UBS rogue trader debacle shows how little banks have learned since the world financial crisis.
GDP growth tipped to have slowed, but then lift for rest of 2011
New Zealand's economy probably slowed from its surprisingly robust first-quarter pace in the second three months of 2011 as construction stayed weak and manufacturing continued to tread water.
'Need a miracle' - $2b rogue trader tells Facebook
Neighbours of suspected UBS rogue trader Kweku Adoboli had noticed that lately he was working much longer hours than usual ...
How could another rogue trader happen?
How could Kweku Adoboli have lost his bank $2 billion after all the previous trading scandals?
Bernard Hickey: How did Europe get in this mess?
Bernard Hickey with ten questions about the European debt mess and what it might mean for New Zealand.
Bollard tipped to lift rates this year, as inflation stirs
Reserve Bank Governor Alan Bollard is expected to keep the official cash rate unchanged next week while signalling the stimulus of a record-low OCR will be removed sooner rather than later as inflation pressures start to stir.
Crisis brings us closer, says EU president
Those who think that the Euro will disintegrate are not fully aware of the dynamics of the European Union, the EU Commission President Jose Manuel Barroso said in Auckland today.
Share slump hammers Euro banks
Stocks in Europe and Italian fixed-income securities were pummelled on concern about the euro zone's debt crisis. The benchmark Stoxx Europe 600 Index ended the day with a 4.1 per cent drop.
Economy on the mend, but global threats loom, says NZIER
New forecasts from the NZIER say the economy is growing slowly this year and keep growing next year, but exports are threatened by a potential global slowdown.