NZ's biggest landlord pulls bond offer post Brexit
Kiwi Property Group's offer has been killed because of Brexit-fuelled market turmoil.
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.
World shares sank further overnight, along with the British pound.
COMMENT: I knew it would be close, but I didn't see that coming. I wasn't nearly as wrong-footed as financial markets, though.
Here are five markets to watch for a sign of where things are headed following the Brexit result.
The New Zealand dollar fell to a 10-day low against the greenback.
COMMENT: I am convinced markets have over-reacted to the Brexit vote. There should have been a negative reaction. Markets were not expecting this outcome.
COMMENT: How does the Brexit crash compare to the other market meltdowns of history?
Roughly US$2 trillion was wiped off global stocks after Britain's shock vote to leave the European Union.
Shares plunged after the surprising vote to leave the EU.
The New Zealand dollar tumbled more than 3 US cents, but surged to a three-year record against pound.
World financial markets have rallied sharply on the prospects of Britain remaining in the EU.
Shares on both sides of the Atlantic rose overnight as investors awaited the outcome of the Brexit vote.
Markets in London are bracing for what could be a wild ride.
An apparent suicide note found at the scene of his death declared his innocence.
Initial Public Offerings have come under significant scrutiny following several high-profile failures.
Geese don't come much more golden than the world's financial centre - the City of London.
Wondering where the next subprime disaster is lurking? Maybe it's not.
Comment: Are we entering a period of extensive capital raising?
In just four days, more than £98 billion has been wiped off the value of Britain's biggest companies.
Experts warn a looming vote could spark "the destruction of Western political civilisation".