World shares surge on optimism
World share prices surged overnight, bolstered by solid data from US, China and a good European growth forecast.
AdvertisementAdvertise with NZME.
Latest fromOfficial Cash Rate
Advance Australia fear
It's strange that the National Australia Bank's (NAB) final knockback in its attempt to take over AXA has received such little airplay in the New Zealand press.
Christchurch earthquake forces new dilemma on Reserve Bank
The Christchurch earthquake reinforces expectations the Reserve Bank will leave the OCR unchanged at 3pc on Thursday.
Earthquake means no OCR hike till 2011, says economist
The Christchurch earthquake means the Reserve Bank is now unlikely to raise the Official Cash Rate (OCR) again until next year, ASB economists say.
Optimism returns overnight to world markets
Shares on Wall St and in Europe rose overnight, after the US Federal Reserve indicated economic growth was still happening, though at a slower rate.
NZ dollar rises as anxiety eases, eyes on Australia
The New Zealand dollar opened firmer this morning as anxiety about the global economy eased.
Quake throws lifeline to building industry - Fletcher shares rise
The Christchurch earthquake is expected to provide a much-needed lifeline for NZ's beleaguered construction sector.
Former Lehman boss comes out fighting at crisis inquiry
The former boss of Lehman Brothers has let loose his bitterness at the US government's failure to save his firm in 2008.