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Billionaire banking on China
Kerry Stokes is among the foreigners backing a giant Chinese bank. Whether that bet pays off matters not just for him, but for the global economy.
World markets up on Greek backdown, Europe rate cut
Stocks on Wall St and in Europe rose after an unexpected interest rate cut by the European Central Bank and the vote backdown from the Greek PM.
NZ shares edge up on thin trade over Euro fears
New Zealand shares were mixed in light trading as investors weighed the global risks, including the potential derailment of Europe's plan to staunch its debt crisis.
Rival trader's entry breaks ASX monopoly
The Australian Securities Exchange's 21-year monopoly on share trading is over after cheaper rival Chi-X quietly opened for business this week.
Inside Money: Total KiwiSaver - a fee by FUM analysis
New numbers show the true cost of KiwiSaver management might be lower than many thought.
Metlifecare unveils $45.5m capital raising
Metlifecare, the retirement home operator, is to seek up to $45.5 million in new capital, while 82 per cent-owner Retirement Village Group will sell down its stake.
World markets slump on Greek vote shock
World sharemarkets dropped overnight after the Greek Prime Minister sought to silence critics by unexpectedly calling for a referendum.
Getting the world to sing in tune on trade
The latest WTO trade round is going nowhere fast...
A less spooky Halloween for Wall St
Halloween is likely to be a lot less spooky than it appeared to be mere days ago with October set to close as the best performing month for Wall Street in decades.
'Occupy Auckland' protest speaks with many voices
Something's happening here, as the 60s song goes, but what that might be is harder to pin down.