Clues to Moa surge in Oz note
Market watchers have been left scratching their heads after a major surge in Moa Group shares.
Market watchers have been left scratching their heads after a major surge in Moa Group shares.
New Zealand shares gained in subdued trading ahead of earnings season. Comvita and A2 Milk rose while Steel & Tube Holdings dropped.
Deal seen as an endorsement of the "high-quality intellectual property" produced by Auckland-based Marker Metro.
COMMENT: Old telephone companies like Verizon thrive while once mighty Internet giants fade.
Trustpower may now have to pay nearly $15 million in tax and interest after losing a Supreme Court appeal.
Pokémon Go may be taking the world by storm, but that doesn't mean it's resting on its laurels.
Nintendo shares plunged by the most since 1990 after the company said late Friday that the financial impact from the worldwide hit Pokemon Go will be limited.
Wall Street slid with the price of oil, pushing down shares of Chevron and Exxon Mobil, as investors awaited a host of key events.
Creditors of defunct electrical retailer Dick Smith have voted in favour of liquidation. Administrator McGrathNicol will take
WATCH: Liam Dann talks to economist Christina Leung and fund manager Matthew Goodson about lending restrictions.
A senior HSBC executive has been released on $1 million bail after being charged with fraud.
COMMENT:The UK, like NZ, has had its share of problems in the retail financial advice space.
The New Zealand dollar fell ahead of the Reserve Bank's update on the economy this morning, where governor Graeme Wheeler is expected
Emotional and ideological contagion is becoming a more important source of systemic risk.
The International Monetary Fund's downgrade of its outlook for the global economy weighed on Wall Street overnight.
Economists are slashing growth forecasts and companies are warning of Brexit's dire consequences. London? No, Dublin.
The New Zealand dollar dropped after the Reserve Bank opened the door for interest rate cuts as soon as next month with the extension
Better-than-expected earnings such as from Bank of America as well as a US$45 billion tech deal helped bolster equities on both sides of the Atlantic.
China's economy grew 6.7 per cent in the second quarter from a year earlier.
The New Zealand dollar is heading for a 1.8 per cent weekly fall on a trade-weighted basis.
Spoofing consists of placing orders without intending to execute them to trick the market into thinking there's interest.
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.