In her judgment against what was in many respects a phantom company on trial, Judge Jane Farish was clear about where the buck should stop, writes Fran O'Sullivan.

Herein lies the opportunity for NZ, writes Frank Duffield. Its resource base is largely underexplored, and world-scale natural gas discoveries are quite possible.

Xero, the Kiwi accounting software provider that's yet to turn a profit, is now worth more than $2 billion.

The Winklevoss twins, the square-jawed entrepreneurs best known for their bitter wranglings over Facebook, have turned their attention to dragging Bitcoin out of the shadows and into the mainstream.

Motorists will face petrol price rises tomorrow, with a three cents a litre government tax increase, pushing total tax on petrol to about 42.7 per cent of the pump price.

Infant formula is clearly where the action is on the international dairy markets.

China's Bright Dairy will retain four seats on the eight-member Synlait Milk board, despite the likelihood it will lose its majority ownership status.

Sky TV has taken a big hit over the news of losing the rights to show English Premier League football to TVNZ and Coliseum EPL Management, but there appears to be division over the longer-term impact.

The New Zealand dollar traded sharply lower yesterday in response to a resurgent United States dollar.

Well-connected lobbyists Saunders Unsworth worked with Solid Energy, Treasury and Cabinet Ministers to thwart questions about the company's problems.

Europe's main stock markets rode out a rollercoaster session after heavy losses in Tokyo on investor fears of central banks pulling the plug on their extraordinary stimulus measures.

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.

Shares in the newly-listed technology firm SLI Systems are up a further 25 per cent 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.