'This economic downturn is awesome'
COMMENT: No inflation, interest rates are set to fall again and the Government is promising a spend-up to make Auckland even cooler, writes Liam Dann.
COMMENT: No inflation, interest rates are set to fall again and the Government is promising a spend-up to make Auckland even cooler, writes Liam Dann.
Equities on both side of the Atlantic moved lower with the price of oil, while US Treasuries and gold rose.
Energy guru says investors are poised to invest US$60 billion in fracking amid an Opec war of attrition.
New Zealand is unlikely to escape the global volatility shaking world markets, CNN's Richard Quest has warned.
New Zealand wool prices rose at auction yesterday, with lamb wool matching its all-time high.
Analysts say there needs to be a fundamental catalyst to signal a market bottom.
Another plunge in the price of crude oil sent stocks sharply lower on Wednesday, bringing the market to its lowest level in nearly two years.
US stocks recovered much of an early plunge, but oil suffered its worst one-day drop in months.
If it's true that the stock market has predicted nine out of the last five recessions, then let's hope that this is one of those four fake-outs.
Japanese stocks plunged into a bear market amid a slump in equities across Asia.
IMF has lowered its forecast of global economic growth over the next two years amid the deepening slowdown in emerging markets.
Wall Street moved higher overnight as investors found value in beaten-down stocks as the latest data from China eased concerns about the world economy.
China's economic growth missed analysts' estimates last quarter.
Eyes will be on China today as the world's 2nd biggest economy releases economic data that could calm or cause more jitters in volatile world markets.
Markets started the week gripped by a fresh bout of risk aversion, as Asian stocks slipped with energy-linked currencies.
Did the long bull market actually end in February 2015 and we are now a full year into a bear market?
New Zealand's share market is expected to struggle for new initial public offerings in 2016.
The New Zealand share market fell sharply in the opening minutes of trade this morning in response to weakness on the major markets last week.
New Zealand shares rose after some stability returned to global markets.
The financiers who made a fortune betting against the American housing market in the new Wall Street blockbuster would take a punt against Auckland's if they could.
Wall Street rose, as a recovery in the price of oil offered investors confidence to pick up beaten-down stocks.
China has been roundly criticized for its hit-or-miss approach to checking excessive volatility, yet many nations have similar mechanisms.
New Zealand shares have fallen sharply, taking a lead from an overnight sell-off on Wall St that pushed the S&P 500 index into correction territory.