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.

Wall Street rose overnight, recovering part of the previous day's selloff as investors found value in some shares.

The NZX 50 closed down 1.2 per cent at 5590.2 yesterday following a plunge on Wall Street overnight that saw the S&P 500 index fall almost 3 per cent.

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.

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.

More than half of New Zealanders appear to have made up their minds already about whether the Trans Pacific Partnership is a good or bad thing.

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.

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.

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.