The terrorist group is making millions by funnelling dollars looted from banks into legitimate currency markets in the Middle East.

US Treasuries and Wall Street fell after a report showed American employers added more jobs than expected last month.

The latest data on US manufacturing, construction spending and car sales bolstered optimism about the outlook.

The best performing asset of 2016? That old favourite gold.

Veteran corporate raider Sir Ron Brierley has made a takeover offer for cashed-up retailer Kirkcaldie & Stains.

New Zealand shares were mixed, as Orion Health Group gained from a record low on news of a major US deal.

Both Brent and US crude dove and then recovered overnight, and equities sought direction.

NZX lifted annual profit 82 per cent in 2015 as the one-off gain from the sale of its Link Market Services division bolstered flat earnings.

The Dow Jones, Nasdaq and S&P 500 Index all gained overnight.

New Zealand shares rose, led by Auckland Airport and Chorus on their strong earnings reports.

Takeovers by cashed-up buyers mean less choice for KiwiSavers, Brian Gaynor.

Reading Diligent Corporation's acquisition announcement this week, you could be forgiven for assuming it was a done deal, signed and sealed.

Personal Finance editor Tamsyn Parker on what not to do when you see your KiwiSaver balance shrinking.

European equities, notably bank stocks, climbed overnight as European Central Bank President Mario Draghi said the central bank would "not hesitate to act".

The takeover offers that sent shares in Nuplex Industries and Diligent Corporation soaring yesterday could be a sign of things to come.

New Zealand shares fell as global sentiment weakened.

An "unliveable" hovel that sat deteriorating in an exclusive Auckland suburb for over a century has undergone a dramatic transformation.

New Zealand wool prices held firm at auction even though buyers from China, the country's largest export market, were absent.

As global stocks enter a bear market, gold is on the verge of bull status.

Global stocks pushed into full-blown bear market territory, with the MSCI All-Country World Index falling 1.3 per cent overnight.

Equity markets slid amid renewed fears about global economic growth, bolstering gold and Treasuries.

It is time for the industry and the politicians to take off their rose-tinted glasses and do some hard-thinking about our major goods export industry, writes Fran O'Sullivan.

Bond markets are spooked, credit risk is on the rise and banks stocks are being sold, writes Liam Dann.