The economic recovery will stall if banks have their way and interest rates are lifted in January, the EMA says.

There's a new battleground in the fight between airlines and it's on the ground, writes Grant Bradley.

NZ shares rose to a two-month high, paced by Chorus, Kathmandu and Sky Network Television as the prospects of strong economic growth drew retail investors to the equity market.

NZ shares rose yesterday, joining a global rally, as demand for so-called growth stocks drove Xero and Wynyard Group to record levels.

Investment firm set up by Subway founders to take 10% stake in listed fast-food chain.

Analyst upbeat about the year ahead for Kiwi intelligence software developer.

New Zealand shares fell on the last trading day of 2013 on perceptions that valuations in the local market have become a little stretched pending more evidence of earnings growth. Xero, Summerset Group and Fisher & Paykel Healthcare paced the decline.

Market-watchers say New Zealand's share market will be underpinned by a strong economy next year, but higher interest rates and the general election pose challenges.

An even temper, good manners and careful record keeping can help defeat call centres that don't co-operate.

Experts say planned construction good for buyers despite use of some prime areas.

Many unsavoury events that have occurred in New Zealand over the past few decades can be attributed to our faith that free markets, writes Peter Lyons.

A local fund manager says he has begun buying shares in embattled telco infrastructure company Chorus because the company is now at its "maximum point of uncertainty."

The Reserve Bank has left the official cash rate unchanged at 2.5 per cent. Interest rates are expected to increase early next year.

When it releases its monetary policy statement on Thursday the Reserve Bank is expected to turn up the volume on its warning that it is preparing to remove the support of ultra-low interest rates in place since the recession.

The Govt has confirmed that NZ emitters with obligations under the emissions trading scheme will only be able to use internationally traded Kyoto Protocol emissions units to meet their ETS obligations until May 2015.

Asian stocks were in the red Thursday after strong US economic data renewed fears that the Federal Reserve may start cutting its monetary stimulus this month.