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.
AdvertisementAdvertise with NZME.
Latest fromCompanies
<i>Inside Money:</i> A bourse is a bourse, a bourse of course
The global insignificance of our own tiny bourse.
Westfield posts healthy profit but vagueness on plans disappoints
Westfield Group delivered 2010 earnings in line with expectations amid improving global retail markets, but said it was too early to ramp up existing plans for new development investment of up to A$1 billion ($1.3 billion) a year.
Ron Brierley hits out at Gibbs' 'phoney' claim
The claim by Tony Gibbs that he pushed for the AGM to be held in New Zealand is 'phoney' says Ron Brierley.
Commodities rally overnight on China demand
Stocks on Wall Street were mixed as investors awaited a fresh reason to extend the rally, while commodities including oil, gold and copper were boosted on hopes that Chinese demand would remain strong.