A potentially drastic fall in China's reserves risks reviving last year's currency panic and further rattling world stock markets.

If you're heading to the United States in the near future you might want to exchange your money now, a foreign exchange expoert has warned.

The collapse this week of former market darlings Pumpkin Patch and Wynyard Group has raised concerns.

New Zealand shares fell, following the Australian market lower as Comvita suffered from weaker sales.

The New Zealand dollar fell against its trans-Tasman counterpart as iron ore prices bolstered demand for the Aussie.

New Zealand shares rose, led by Air New Zealand, SkyCity Entertainment Group and Fletcher Building.

The kiwi fell to 71.31 US cents as at 8am in Wellington from 71.57 cents in late Asian trading yesterday.

The NZ share market could fall into "correction" territory this week - more than 10 per cent down from its record high on September 7.

COMMENT: Anyone with exposure to coal right now is enjoying a thrilling ride - though it's been a long time coming.

The kiwi rose to 72.28 US cents as at 8am in Wellington, having earlier touched a 2-week high of 72.48 cents, from 72.12 cents late yesterday.

The stock first traded at $1.16 on the NZX, valuing the company at about $160 million.

New Zealand shares fell as last week's sell-off continued, with SkyCity Entertainment and Orion Health dropping while Tegel and A2

Whole milk powder, is expected to rise at this week's GlobalDairyTrade auction after two consecutive declines, according to traders.

NZ shares rose slightly, led by Summerset Group Holdings and Air New Zealand, while Steel & Tube Holdings also gained.

NZ shares dropped for the fifth consecutive session to a near-three-month low, led down by Auckland International Airport, Ryman Healthcare and Chorus.

COMMENT:Ten reasons why building a buffer has its benefits.

NZ shares fell for the fourth straight session, led lower by Trade Me Group, Chorus and NZME as News Corp sold its stake in the local news provider.

Chicago Federal Reserve president Charles Evans jetted into Auckland this week and delivered a message which, when boiled down to

New Zealand shares fell in light trading, with NZX declining on news its chief executive Tim Bennett will leave the stock market operator.

Tim Bennett will leave his position as CEO a year earlier than expected.

Craigs Investment Partners has downgraded its view on New Zealand shares and told investors it's time to cash in.

New Zealand shares gained slightly in light trading, led by Tegel Group Holdings and Meridian Energy while Air New Zealand dropped.

Shareholders of a Central Otago winery are fighting over a share sale.

COMMENT: A strong sense of deja vu has pervaded the NZX, with Ron Brierley purchasing a stake in Wellington Merchants.

New Zealand shares gained, with turnover peaking for the week as investors tidied their portfolios.

The share slump follows the risk that an Australian audit could threaten the viability of the company.

ASX-listed autoparts firm Bapcor has mounted a $322.5 million takeover bid for NZX-listed Hellaby Holdings.

New Zealand shares fell in light trading, with Ebos Group, Tower and A2 Milk leading the index lower. The S&P/NZX 50 Index fell

Wellington Drive Technologies has taken a $2 million facility from major shareholder SuperLife.

New Zealand shares fell, led by Orion Health Group, as the export-focused software developer contends with a strong kiwi dollar.