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

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.

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

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.

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

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

NZX may face the uncomfortable prospect of dropping out of its own benchmark index if its terrible share price performance doesn't improve.

Oceana Gold is predicted to boost gold production 30 per cent to 40 per cent by 2017.

At Bergen harbour, there's a forlorn look about the oil service ships tied up bow to stern.

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

NZX Regulation has suspended Pyne Gould Corp shares from trading for the second time in as many years.

Mobil is taking its $10m tank farm pollution fight all the way to the Supreme Court.

Partially completed buildings stand during construction this month at the Williston Apartments luxury development in Williston, North Dakota.