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Risk aversion creeps in to corporates
Global instability is slowing down projects and businesses that depend on capital investment, says Simpson Grierson chair Kevin Jaffe.
Make Kiwisaver compulsory: CEOs
A big majority of chief executives want KiwiSaver made compulsory.
Kiwi dollar tumbles after Italy pays high price to borrow
The kiwi dollar has tumbled almost 1 US cent after Italy was forced to pay the highest yield since 1997 on government bonds.
World markets, Euro dip on Italy, Spanish debt auctions
Stocks on both sides of the Atlantic dropped, as did the euro, after investors demanded the highest yield since 1997 to buy Italian debt and Spanish bonds hit the radar.
FMA to clamp down on profit spin doctoring
The days of companies highlighting profit numbers that strip out all the bad news could be numbered as the Financial Markets Authority moves to clamp down.
Wall St up as US jobless claims, trade deficit fall
Wall St advanced overnight as investors focused on some positive news from the home front, including better-than-expected jobless claims data and Cisco Systems earnings.
Mainfreight record profit paves way for dividend rise
Local logistics company Mainfreight has reported a 77pc lift in interim profits and dividend payouts sup by a quarter.
Turners and Growers in German takeover bid
Turners and Growers has received a takeover offer from German company BayWa, with the...
World shares fall as Italian yields breach 7pc
Markets fell overnight on both sides of the Atlantic as Italy's borrowing costs soared, intensifying concern that efforts to contain the European Union's debt crisis aren't working.