Equities on Wall Street welcomed clarification about Federal Reserve policy makers' plans for further monetary easing to help propel US economic growth.

The world must be patient with China...

The economic recovery is proving 'brittle, uncertain, and full of surprises', Reserve Bank Governor Alan Bollard says.

The New Zealand dollar held above 75 US cents as the greenback rallied after China boosted the level of cash that six of its biggest banks need to keep on hand.

The Kiwi dollar will likely extend its run higher this week as the Australian currency looks set to test parity with the greenback, dragging the kiwi along with it.

What happens if two countries cannot agree on the appropriate value for their mutual exchange rate? All sorts of accusations start to fly around.

The stock exchange's new dairy futures market launched successfully at 8am morning and one trade today would make NZX head of markets Fiona Mackenzie ecstatic.

Tower's move to bid for Fidelity Life Assurance without securing support from Fidelity's major shareholders has left some wondering whether it has some underlying plan which has yet to be revealed.

Making money from inspiration requires visionary planning and long-term commitment.

The IMF expects global growth to fall next year as the emerging economies which are leading the global recovery are unable to fully compensate for weaker demand in rich countries.