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Gold hits record price overnight
Gold hit a record high on world markets overnight, but equities fell as investors worried about the impact on consumer spending and corporate profits of high oil prices.
Committee clamps down on low-ball stock offers
The new Financial Markets Authority will have the power to clamp down on low-ball stock offers the likes of which are used by Christchurch businessman Bernard Whimp.
NZ dollar treading water until OCR review
The New Zealand dollar will probably hold around 75 US cents until next Thursday as traders wait for the Reserve Bank to say whether it will cut the OCR.
ANZ, National banks cut mortgage rates
Sister banks ANZ and National have cut mortgage interest rates.
NZX profits rise 18pc to $11.7m
Stock market operator NZX has reported an 18 per cent rise in normalised net profit to $11.7 million in 2010, with a "distinct" rise in revenue in the final quarter.
NZ dollar near 6-month TWI low on quake and Libya
The New Zealand dollar has fallen to a near six-month low on a trade-weighted basis.