Bernard Hickey: How did Europe get in this mess?
Bernard Hickey with ten questions about the European debt mess and what it might mean for New Zealand.
AdvertisementAdvertise with NZME.
Latest fromCompanies
Bollard tipped to lift rates this year, as inflation stirs
Reserve Bank Governor Alan Bollard is expected to keep the official cash rate unchanged next week while signalling the stimulus of a record-low OCR will be removed sooner rather than later as inflation pressures start to stir.
Equities sink as Bernanke fires blanks
Equities sank after the most powerful central bank chief in the world came out guns blazing but fired blanks ahead of a speech by US President Barack Obama.
Wall St rallies overnight
US shares rebounded overnight, as investors applauded signs on both sides of the Atlantic that government fiscal problems are getting solved.
Ownership and control crucial, say Fonterra farmers
Fonterra farmers are again warning that any change which may reduce their ownership or control of the co-operative sill be rejected.
Share slump hammers Euro banks
Stocks in Europe and Italian fixed-income securities were pummelled on concern about the euro zone's debt crisis. The benchmark Stoxx Europe 600 Index ended the day with a 4.1 per cent drop.