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Goodman Property Trust to sell offices
Goodman Property Trust will sell three of its Auckland offices for $206 million to reduce debt.
Goodman Property Trust will sell three of its Auckland offices for $206 million to reduce debt.
The report into the collapse of Dick Smith shows it had too much crap that it couldn't sell.
Older boomers have experienced what is arguably the best-case scenario.
Dick Smith creditors are expected to face a shortfall of more than $270 million, the administrators of the failed electronics chain said today.
COMMENT: Markets are full of surprises - especially for commentators and experts who think they know it all.
A broad rally overnight has lifted the S&P 500 and Dow industrials to record highs, with a sharp rebound in crude prices boosting
"I hear the moves and make trades," says Vishal Agrawal, a 29-year-old forex trader who became blind nine years ago.
Shares in Stride Property offshoot Investore Property spiked 8.7 per cent from their offer price.
Gaming phenomenon Pokémon GO is creating some buzz on the share market.
COMMENT: From Britain, to the US to Australia, voters are punishing politicians and causing unease in the markets, writes Liam Dann.
Michael Hill International lifted annual earnings by as much as 5.9 per cent.
The Bank of England's FPC has highlighted the biggest risks facing the economy in the wake of the Brexit vote.
He was a big star in the private equity world. Now, Andrew Caspersen is facing years in prison.
Wall St gained overnight recovering from earlier losses, after minutes from the June Federal Reserve meeting cemented bets US interest rates won't rise any time soon.
Following the Brexit vote, odds are growing that governments will be jolted by mounting populist pressures worldwide.
The Bank of England warned that "the current outlook for UK financial stability is challenging" following the Brexit vote.
If you're a central banker concerned with your own nation's economy, you can't afford to ignore the international context.
European equities moved lower overnight, while commodities including gold and silver rallied.
Only a week ago global markets were reeling from their worst day on record, with US$2 trillion wiped from the books in the hours after Brexit.
A failure of polls and bookmakers may push the financial sector to start looking more closely at social media.
The Bank of England signalled it planned to cut interest rates to counter the impact of the Brexit.
World shares rose again overnight, while the British pound weakened, as Bank of England Governor Mark Carney signalled the central bank will likely ease monetary policy.
Central banks are expected to take action to ease the impact of the Brexit decision.
Kiwi Property Group's offer has been killed because of Brexit-fuelled market turmoil.
The Brexit volatility may be easing as the kiwi dollar stabilised overnight.
Some labels are betting that a younger set of customers doesn't crave hyper-sexualised, gender-defined fragrances.
COMMENT: Stock markets have taken a big dive on the Brexit surprise, so the question is: how long will the new risk-off direction last?
Amid continued uncertainty about the Brexit, the New Zealand dollar hit a three-year high against the British pound.