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Kiwi investors lick their wounds after Wall St mauling
Regional markets showed signs of levelling out a rout in US markets overnight.
Regional markets showed signs of levelling out a rout in US markets overnight.
New Zealand shares bounced back from a sharp sell-off in early trading.
Markets have crashed, but why now? And now what? Liam Dann looks at the historic sweep.
Demand internationally has also been strong.
The kiwi was trading at 63.23 US cents at 5pm.
Australian stocks have fallen sharply in response big falls on world markets.
India's Mukesh Ambani, who began the week as Asia's richest person, lost US$5.7 billion.
As turmoil hits the market, here are a few tips to avoid rash decisions.
Markets climb stairs during good times but take elevator when they drop.
Finance Minister signals Government may guarantee loans to businesses if banks won't.
US stocks plunged 7 per cent shortly after the opening bell.
New Zealand held up to the oil price shock comparatively well.
Currency trader: "We haven't seen anything like this for a long time"
A high stakes showdown between Russia and Saudi Arabia has rattled already weak markets
US junk bonds are likely to suffer from the Saudi Arabia's price war with Russia.
ASX tumbles 6 per cent, NZX down 3 per cent
Great holiday tips for Nelson, Marlborough and the top of the South Island
Meanwhile, manufacturers face real shortages that may cost jobs.
In a world full of Amazons, Plexure is out to disrupt the disrupters.
Market Watch: A big fall and increased volatility bring new opportunities for investors.
The last couple of weeks has been something of a rollercoaster ride for investors.
New Zealand's benchmark stock index reversed yesterday's gains.
The kiwi was trading at 63.13 US cents at 5:15pm.
Governments are not prepared for a truly global pandemic, experts say.
Did these directors buy at the bottom?
Sky Network Television led the market higher.
The kiwi was trading at 62.97 US cents at 5pm.
FT: Investors expect more action but policymakers say fiscal policy should take strain.
A change of heart by Fitch could relegate some bank capital notes to junk bond status.