
NZ shares fall 1 percent on world turmoil
New Zealand share prices have fallen this morning down 1 per cent after big falls on overseas markets.
New Zealand share prices have fallen this morning down 1 per cent after big falls on overseas markets.
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.
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.
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.
The New Zealand dollar rose as oil prices gained from a 12-year low and Chinese stocks gained in afternoon trading.
Burgernomics suggests value of Kiwi dollar is too low but exporters will likely disagree.
New Zealand shares rose for the first time this year after a five-day slide.
World sharemarkets were down overnight as oil prices slumped to the lowest level since 2003.
Should forecasters and policymakers look to speculative markets as indicators regarding future prospects?
It was another red ink day for share markets around the Asia Pacific region as concerns about China's slowing growth rate continued to rattle investors.
Asian share markets swept lower on Monday after Wall Street suffered its worst starting week in history.