![Milford Funds profit tumbles 71pc](/pf/resources/images/placeholders/placeholder_l.png?d=799)
Milford Funds profit tumbles 71pc
Milford Funds, posted a 71 per cent decline in annual profit and incurred costs to introduce new processes in response to regulatory requirements.
Milford Funds, posted a 71 per cent decline in annual profit and incurred costs to introduce new processes in response to regulatory requirements.
Elon Musk's latest admonition to Tesla employees -- produce more, spend less -- is no simple belt-tightening before he asks investors for more cash. It also reflects Wall Street's schism about the health of the electric-car maker.
The New Zealand dollar surged to a 16-month high after prices rose at the latest GlobaldairyTrade auction.
China's got the world puzzling over its oil hoard.
The NZ dollar fell from near a 16-month high on a trade-weighted basis but is still seen as sufficiently above the levels projected by the Reserve Bank.
Oil jumped before giving up some of the gains as a deal between key producers Saudia Arabia and Russia stopped short of offering an actual limit on output.
NEW VIDEO SHOW: Liam Dann talks to Pie Funds CEO Mike Taylor about what's driving the share market's long bull run.
New Zealand shares rose as offshore investors looking for yield were lured to the local bourse.
WATCH: In an exclusive interview S&P chief economist Paul Sheard talks about weird times in world finance - and how NZ is looking.
Christopher Ashton was accused of using electronic chat rooms to manipulate currency pricing benchmarks.
The New Zealand dollar fell against a broadly stronger US dollar as commodity prices fell, US consumer confidence rose and Japan signalled
The New Zealand dollar rose as traders await economic data that may provide clues to the timing of US interest rate hikes after US
Wall Street strengthened, edging closer to fresh record highs.
The New Zealand dollar fell after the top two Federal Reserve officials gave an upbeat message about the outlook for US interest rates
Twelve books that provide durable insights into the thrills and pitfalls of the financial markets.
The New Zealand dollar tumbled after Federal Reserve vice chairman Stanley Fischer indicated September was still a possibility for a rate hike.
Gold, silver and gems in the vaults of Malca-Amit in Singapore has jumped almost 90 per cent.
COMMENT: Janet Yellen defended the value and effectiveness of the current US monetary policy regime.
Wall Street moved lower ahead of Friday's speech by Federal Reserve Chair Janet Yellen who might offer clues on the timing for an
Wall Street gained overnight, pushing the Nasdaq to a record high, amid better-expected earnings such as for Best Buy and stronger-than-expected
The New Zealand dollar gave up some of its gains, dipping below 73 US cents, after Reserve Bank governor Graeme Wheeler backed his
Mercury, formerly known as Mighty River Power, has delivered a 2.3 percent lift in operating earnings and declared a special dividend.
The latest hawkish comments from a US Federal Reserve official weighed on equities and lifted the greenback.
The New Zealand dollar fell as Federal Reserve officials talked up the prospect of an interest rate hike this year which would sap
Way up in One Canada Square, in the Canary Wharf financial district, a map of post-Brexit London is flashing.
The dollar fell after Federal Reserve President John Williams revived talk of a rate hike as soon as September.
Mark Lister says that finding ethically pure businesses is subjective as there are very few businesses anywhere that will come through a socially responsible evaluation process with a faultless record.
Stocks on major markets have fallen worldwide while the US dollar strengthened.
Reserve Bank governor Graeme Wheeler might be wondering right now what he has to do to move the needle on retail interest rates or the dollar.
The New Zealand dollar was little changed near 73 US cents after the minutes of the Federal Reserve's policy review.