Metlifecare, the retirement village operator, sold shares to institutional and experienced investors at a 7.1 per cent discount as part of its capital raising.

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.

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.

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.

The Australian Securities Exchange's 21-year monopoly on share trading is over after cheaper rival Chi-X quietly opened for business this week.

New numbers show the true cost of KiwiSaver management might be lower than many thought.

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 sharemarkets dropped overnight after the Greek Prime Minister sought to silence critics by unexpectedly calling for a referendum.

The latest WTO trade round is going nowhere fast...

FMA warns potential property investors with no income to 'eat and run' at seminars...

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.

Something's happening here, as the 60s song goes, but what that might be is harder to pin down.