World shares up as Greek rescue imminent
World shares advanced overnight amid expectations a deal on Greece's second financial rescue was imminent and that China was moving to increase liquidity at its banks.
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World shares fall as Italian yields breach 7pc
Markets fell overnight on both sides of the Atlantic as Italy's borrowing costs soared, intensifying concern that efforts to contain the European Union's debt crisis aren't working.
NZ Dollar Outlook: Kiwi may keep falling
The New Zealand dollar may extend its decline this week as investors, nervous about the slow progress being made on Europe's escalating sovereign debt crisis, sell growth-linked currencies for the relative safety of the greenback.
Surplus still on if Asia stays clear of Euro, US trouble, says Key
Prime Minister John Key thinks the government will be able to stick to its surplus and debt tracks if Asian economies stay "de-coupled" from the economic turmoil in Europe and the United States.
NZ 'in good shape' - English
Finance Minister Bill English said that compared to the pessimism in the United States, the New Zealand was in "pretty good shape."
World markets tumble on recession fears
A new report quashing hopes China's would pick up the slack from problems in the US and Europe has sent...