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S & P warnings weigh on world markets
Stocks were mixed overnight as investors weighed a round of warnings by credit rating agency Standard & Poor's in two days that would boost borrowing costs throughout the euro zone.
NZ dollar slips below US78c as markets digest central bank moves
The kiwi dollar dipped below 78 US cents as markets digest the coordinated moves by the world's biggest central banks to cut borrowing costs.
Market optimism fizzles as Euro worry returns
World share markets are down, with worries about Europe overwhelming good economic data from the US.
Terms of trade dips on commodity price falls, strong dollar
New Zealand's terms of trade - the amount of imports that can be funded by a fixed quantity of exports - fell in the third quarter, driven by falling prices for primary sector exports and a strong kiwi dollar.
Big banks stand by for credit ratings news
Standard & Poor's has cut the credit ratings of 15 of the world's biggest banks - mostly in Europe and the United States - in the first wave of actions under its new, tougher, ratings criteria.
Fletcher Building earnings forecasts downgraded
Six out of 11 analysts who cover Fletcher Building shares have cut their 2012 and 2013 earnings forecasts.
World markets surge as central banks boost liquidity
World share markets are up after central banks from Europe, Japan and North America agreed to cut the cost of US dollar funding.