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Nuplex paying $3m to shareholders over disclosure breach
Nuplex Industries will pay $3m to shareholders as part of a settlement with the Securities Commission after failing to disclose it breached a debt covenant in 2008.
Kiwi, interest rates plunge after Christchurch quake
The kiwi dollar plunged nearly one US cent after today's Christchurch earthquake.
Oil, gold prices soar on Libya turmoil
Investors flocked to oil and gold on world markets overnight amid escalating tensions in the Middle East, with violence in Libya gathering steam.
Contact Energy strikes multi-million dollar geothermal deal
Contact Energy is to spend $623 million building a new 159 megawatt geothermal power plant.
Banks just too big to fail? Iceland shows otherwise
Decision to let banks go under looks smarter by the day, in contrast to Ireland's costly bailout, reports Yalman Onaran.