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NZ stocks steady after early falls
The New Zealand stock exchange closed today down 2.78 per cent after sharp falls earlier today, but more markets around the world are continuing to suffer from investor concerns about the downgrading of the US credit rating.
Small investors flee as NZX drops
Update: The NZX-50 has fallen 2.7 per cent today, as smaller investors spooked by global uncertainty, sell out. The ASX opened down 2.2 per cent.
NZ dollar rises after US credit rating downgrade
The dollar has risen against the greenback after the United States lost its top credit rating, recently trading at 84.14US cents.
Latest turmoil could hit local bank costs says BNZ
The US and European sovereign debt crises will likely push up the cost of funding for NZ banks, the head of the BNZ says.
EU leaders move to stabilise economy
France and Germany have moved to try and head off fresh market turmoil this week, by saying they want action to safeguard Europe's single currency.
Lies, spies and flights of fancy
Spies, jail sentences, hidden assets, a famous explorer - a former MP's bid to build a high-tech stealth helicopter has more twists than a combat mission, reports Karyn Scherer.
What will the dollar do?
Experts say the NZ stock exchange will not be taking a hammering when it opens tomorrow morning despite shockwaves from the US.
Kiwi's golden run ends as markets come tumbling down
The New Zealand dollar plummeted as a global market rout spooked traders into selling the kiwi.
Aussie, Japan sharemarkets plunge 4pc
Australian and Japanese sharemarkets have plunged more than 4pc on opening, after a rough night on European and US exchanges. The NZX-50 is down 2.4pc.
Global markets crash exposes Kiwi dollar 'safe haven' myth
This morning's rapid fall in the New Zealand dollar proves recent talk of the kiwi becoming a 'safe haven' currency was hot air, say economists.
NZ stocks drop after global plunge
The NZ stock exchange has fallen 2.5 per cent on opening, following a big slump on world markets overnight. The NZX 50 Index shed 80.89 points to 3297.86, the lowest level since December.
NZ stocks drop after global plunge
The New Zealand Stock Exchange has fallen to its lowest level since December, falling 2.5 per cent this morning after a global slump in world equity markets.
NZ dollar slumps below US84c
The New Zealand dollar plummeted below US84c as world investors fled for safe havens overnight.