New Zealand shares fell yesterday as investors remained cautious after last week's spike in volatility.

New Zealand-based credit surety and financial risk insurer CBL Insurance has bought Australian specialty insurer Assetinsure Holdings for $46 million.

Liam Dann writes: Inflation is not dead and there seems no doubt market volatility and the slowdown in China were top of mind for many.

What is going on in China and why is it having such a profound impact on world financial markets?

Mighty River will spring another 2.5 cents per share special dividend for shareholders, having already given 5c in December.

The departure of Fisher & Paykel Healthcare chief executive Mike Daniell might unsettle some investors but is unlikely to derail the company, say market players.

Apple exporter Scales Corp boosted first-half profit 61 per cent as its Mr Apple unit beat expectations.

The country's trade deficit was smaller than expected in July as exports of fruit and meat drove overseas sales higher.

In the first minutes of trade, the S&P/NZX50 was up 28 points, led by post-result gains from Air NZ and Metlifecare.

The New Zealand sharemarket staged a comeback yesterday after being 2.5 per cent down at one point but China's sharemarket rout continues.

New Zealand experts surveying the fallout from China's "Black Monday" stock market tumble will look to see if it reflects bigger problems in that country's economy, which is a big buyer of our exports and a source of tourists.

The New Zealand dollar bounced from a six-year low after two days of turmoil spurred by the prospect of deteriorating Chinese economy.

NZ shares have stabilised, with the S&P/NZX50 index down just 9 points today.

Business editor Liam Dann looks at just how much of a concern the China market crash should be for us here in New Zealand.

The local sharemarket opened down 2.4 per cent, after a wild overnight ride on world markets.

The US crude benchmark finishing below $US40 a barrel for the first time in six years on China's weakening economy.

Australian steel products group Bluescope is to review its steelmaking operations in Australia and New Zealand, saying it needs "game-changing" savings in operating costs.

New Zealand shares dropped yesterday in a global selloff after weak Chinese manufacturing data added to concern about the world's second-largest economy.

Chorus shares fell after the telecommunications network operator reported a 39 per cent decline in annual profit.

The international dairy trade has become the most volatile of all commodities markets.

Foreigners don't have all the answers, but they are responsible for Japan's biggest corporate governance successes this year, writes William Pesek.

New Zealand share market slumps 2 per cent and almost $60 billion has been wiped from Australia's share market as concerns about China's economy shake investors.

Apple has released a statement supporting rap mogul Dr. Dre following reports that he physically abused women.

Christopher Niesche writes: The jobs and education portal is a mature business in Australia so it has to look for growth overseas, particularly in Asia.

Until November Apple had sold only US currency bonds but has since expanded its debt issuance to euros, yen, pounds and Swiss francs as well as Aussie dollars.

The directors of OPI Pacific Finance, which collapsed owing $247m, have pleaded guilty to making untrue statements.

Asian markets are developing a sweet tooth, creating export opportunities for Wellington chocolate maker Whittaker's.