Many Aucklanders are leaving the Super City to buy their first home in cheaper areas.

Battery frenemies Telsa, Panasonic poised for Solar power fight in Europe.

New Zealand shares fell yesterday to their lowest level this year as offshore volatility weighed on sentiment again with markets across Asia weaker, with the exception of Australia.

Oil prices rose for a second straight day after the European Central Bank indicated more stimulus could be on its way for the eurozone.

The New Zealand dollar is heading for a 1.5 per cent weekly drop against the greenback as investors continue to spurn risk-sensitive assets against the backdrop of weak Chinese stock markets.

Increasing market volatility hasn't put the kibosh on CBL Corporation's plans to pull off New Zealand's second initial public offering of 2015.

Phrases such as "call my cell" and "let's go off email" remain popular among the people who plot insider trades.

Kathmandu is sticking with its recommendation that shareholders reject the takeover offer from Briscoe Group.

NZ shares are being pummelled this morning after Wall St fell on renewed China fears.

Wall St followed the slide of equities in Europe and Asia overnight, amid mounting fears about the slowing pace of Chinese growth.

Economists are paring back their GDP forecasts for this year, and many expect growth to come in at around 2 per cent or just under.

New Zealand's terms of trade unexpectedly rose in the second quarter as a slide of almost 10 per cent in the Kiwi dollar helped lift prices of exports such as dairy products.

The country's largest listed fishing group is quitting its under-performing Pacific tuna business and selling the fleet.

Wall St was down overnight as Fed officials left the door open for an interest rate hike this month.

A New Zealand tourism operator has created designer itineraries to entice more Chinese visitors in off-peak seasons.

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

Business confidence has dropped to levels last seen in the immediate aftermath of the global financial crisis.

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.

F&P Healthcare's boss Mike Daniell says he'll retire this year, as the company announces an upgrade to its earnings guidance.

Wall St rose overnight, rebounding from one of its worst slumps ever, as investors found value in beaten-down equities.

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.