Australian private equity company Next Capital have withdrawn its IPO for Hirepool because of a lack support from domestic institutions.

Christchurch agribusiness company Scales said it had registered a prospectus for an IPO and sharemarket float today.

The chairwoman of the US Federal Reserve, Janet Yellen, said the New Zealand economy seemed to doing extremely well.

Bank bosses argue capitalism must a regain sense of social responsibility to restore public faith in its virtues.

A sluggish housing market, falling dairy prices and rising interest rates have had little impact yet on consumer confidence.

Another substantial stock is set to list on the NZX after rental company Hirepool registered its prospectus for an initial public offer aimed at raising up to $262 million.

Liam Dann asks, "What sort of economic fallout can we expect if Baghdad falls? It is a question that has carried serious geopolitical weight for thousands of years."

Wireless charging technology developer PowerbyProxi wants to have a $30 million to $40 million capital raising this year.

Goodman Fielder will spend $27m to expand its Christchurch UHT milk plant, giving it additional capacity to meet increased demand in Asia.

New Zealand avocado sales hit $136 million in the season ended April 30, double the previous season's, and setting new records in the export and domestic markets.

If you're planning to trade Chilean stocks during the World Cup, forget it.