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NZ shares down 3 per cent
New Zealand shares are still falling this morning, with the local market down 3 per cent after big overnight losses on US and European exchanges.
Inside Money: Meltdown moments temporarily suspended
Overwhelmed by virtual rubber-neckers such as myself the recently upgraded NZX website froze on Monday morning.
NZ dollar falls as Wall Street sinks
The New Zealand dollar extended its decline against the greenback after a global equity and commodity markets slumped in reaction to the US credit downgrade.
Wall St plunges - Dow down 5.5pc
Wall St has followed European markets sharply down overnight, with the Dow Jones falling 5.5 per cent, the Standard & Poor's 500 index down 6.6 per cent and the Nasdaq down 6.9 per cent.
Warning for NZ as global stocks fall
The Dow has plummeted 4.4 percent overnight, dropping below the 11,000 level for the first time since November, as markets continued a global sell-off. It comes as Standard and Poor's warns New Zealand is among the countries that could suffer...
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.
NZ facing potential export driven slowdown
Standard & Poor's is warning that New Zealand may face an export-driven slowdown, due to weaker demand or lower export prices.
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.
Matt McCarten: US counts financial costs of tea partiers
More damage was done to capitalism this week than any communist revolutionary could have dreamed of.