Shares in cloud-computing software company Xero hit a new high yesterday despite the NZX 50 index having another day in the red.

An independent review of events leading to Solid Energy's near collapse has raised questions.

Solid Energy withheld financial information from Treasury when challenged on its business plans in what an independent report says was a pattern of disrespect.

An independent review of events leading to Solid Energy's near-collapse has raised questions over Treasury's response to early warning signs of trouble.

The NZX-50 had a flat day yesterday, barely halting its downward trend which kicked off on May 13 - just days after the listing of Mighty River Power.

The New Zealand sharemarket is expected to remain volatile over coming weeks as investors take profits amid jitters over the US Federal Reserve turning off its money tap.

Conservationists fighting a decision to allow an Australian mining company to dig for coal on the West Coast's Denniston Plateau have suffered a major setback today.

The Denniston Plateau deal shows that National and the mining industry have learned their lesson from their last attempt to mine on conservation land.

Shares in the newest member of the NZX, SLI Systems, have jumped 18.67 per cent from its initial public offer price.

Fonterra says its opening forecast farmgate milk price had been set at $7.00 per kg of milk solids for the 2013/14 season - up $1.20.

In terms of time spent and where expertise sits, it is rational to leave the running of that business to the board and management, writes Susan Watson.

Greymouth Petroleum director Jim Sturgess must take primary responsibility for the "destruction of trust" between himself and two other board members at the oil and gas company.

Newmont Waihi Gold hopes to start work on its controversial $1 billion Correnso underground mine around the middle of next year.

Auditor General Lyn Provost says she will not carry out an inquiry into what led Solid Energy to the brink of collapse this year.

Bathurst Resources has cleared another hurdle in its struggle to start coal mining on the Denniston Plateau near Westport but still needs the blessing of courts and faces tough market conditions.

Ryman Healthcare's share price is making some in the market feel nervous that it is hitting bubble territory.

Australian mining company Bathurst Resources has passed a crucial hurdle to establishing an open cast coal mine on the West Coast's Denniston Plateau.

Solid Energy ex-chairman John Palmer opposed Treasury's wish to appoint an independent advisor to the company's board last year.

Writing in the journal Nature Geoscience, the scientists, backed by the Japan Agency for Marine-Earth Science and Technology, said rare earth minerals had been found in mud on the ocean floor.

The US hedge fund manager renowned for shaking up Yahoo! has set his sights on Sony, proposing that the Japanese electronics giant spin off up to 20 per cent of its movie, television and music division