Latest from Markets

Xero quenches its cash burn

Xero slowed its quarterly cash burn during July to September as customer receipts rose more quickly than its wage costs.

Sovereign wealth funds face a rainy day

The 46 countries that have at least one sovereign wealth fund have largely set them up for a rainy day.

Brent Sheather: Beware the third quarter

Stock markets have hit a bumpy patch with the global equity benchmark now down by around 11% in US$ terms since its 2015 high point.

NZ dollar edges higher as US dollar retreats

Stock Takes: Rally wipes out China losses

The sharemarket's October dream run came to an end this week.

Dollar little changed ahead of rate reviews

Editorial: Councils must stick to their own concerns

The Auckland Council intends to hold a debate and a vote on whether to oppose exploratory oil drilling in an area of seabed off the west coast.

'Time to be greedy' on Oz mining services

Be fearful when others are greedy and greedy when others are fearful - so goes the advice of investment sage Warren Buffett.

Kiwi dollar up

The New Zealand dollar jumped to a three-month high against the euro on speculation the European Central Bank may ease monetary conditions further.

No justification for de-listing PGC - NZX

The Shareholders Association says the PGC situation is 'farcical' but the NZX says there's no reason for de-listing PGC.

NZ dollar jumps to two-month high vs euro

NZ dollar jumps to 3-month high on weak US data

Kiwi dollar touches 3-month high vs. pound

Shock China data hits kiwi dollar

The kiwi fell to 66.74 US cents as at 5pm in Wellington from 66.97 cents yesterday. The trade-weighted index fell to 71.45 from 71.57 yesterday.

CBL debuts on NZX - shares up at $1.73

Financial risk insurer CBL Corporation has made its stock market debut this morning, raising $125 million. Its shares opened at $1.74 each.

NZ dollar gains as local inflation comes into focus

NZ dollar falls vs. Aussie

NZ dollar gains to six-week high