If Alan Bollard's interest rate decision today had needed a theme song, it would have been the Rolling Stones' "Time is on my side."

New Zealanders may have a new, locally owned bank to invest in by February next year.

Fisher & Paykel has shown off the result of 17 years of top-secret research, saying its new compressor is a revolutionary change.

World share prices surged overnight, bolstered by solid data from US, China and a good European growth forecast.

The Treasury and ANZ Bank had a stab yesterday at quantifying the impact of the Canterbury earthquake on GDP.