OCR rise melts away into distant future
The prospect of further rises in the Reserve Bank's official cash rate has disappeared over the horizon.
The prospect of further rises in the Reserve Bank's official cash rate has disappeared over the horizon.
Global markets are braced for an extended bout of extreme volatility after left-wing party Syriza stormed to victory in the Greek elections.
New Zealand shares rose to a new record close yesterday as holidays in Auckland and Australia kept trading volumes light.
A big marketing drive is on to draw more Chinese people to NZ real estate and the businesswoman behind it expects a huge upswing in investment.
Renters can strike a bargain when moving into a vacant property but they won't avoid rental price increases, a property expert says.
Global Brokers NZ has so far returned more than half of its clients' funds, says the Financial Markets Authority.
Oil bulls finally caught a break as prices capped their first weekly advance since November.
KiwiSavers collectively had more than $21 billion in their accounts. Those are some pretty big numbers, so what do fees mean for individual KiwiSaver balances?
Financial markets will this week find whether the Swiss National Bank's fears were well-founded when the European Central Bank announces its plan to revive economic growth.
A natural outcome of a market economy must be inequality of incomes. They are a necessary and desirable outcome, writes Peter Lyons.
Mega-miners BHP Billiton and Rio Tinto are expected to announce more record iron ore production this week despite the commodity's price dive.
"We've got houses more expensive than LA. How is this possible?" A new survey finds Auckland's surging housing market is pricier than New York, Brisbane and Boston.
New Zealand wine drinkers are now enjoying the results of two good vintage years and the outlook for the sector is positive.
Oil advanced after the International Energy Agency lowered forecasts for supplies from outside Opec and an industry report showed US companies had reduced drilling activity.
Switzerland's central bank has dropped a bombshell on foreign exchange markets by withdrawing its currency peg against the euro, driving the Swiss franc sharply higher and pushing other currencies,....
More than 60 billion ($116 billion) was wiped off the value of Switzerland's leading companies after the central bank scrapped the cap on the Swiss franc against the euro.
Federal Reserve Bank of San Francisco president John Williams, who will vote on policy this year, said raising US interest rates in June would be a close call amid "strong momentum" in the....
Kiwifruit marketer Zespri faces a positive outlook this year but there are headwinds - the New Zealand dollar's strength against the currencies of its two biggest export destinations, Japan and....
The New Zealand dollar pushed on to a 21-month high against the euro yesterday as the spectre of deflation swept through Europe's financial markets.
The volume and value of cash trading on New Zealand's stock exchange fell last month from a year earlier.