![NZ shares, dollar, interest rates fall as recession looms](/pf/resources/images/placeholders/placeholder_l.png?d=793)
NZ shares, dollar, interest rates fall as recession looms
Markets react to poor GDP data and Wall Street turmoil.
Markets react to poor GDP data and Wall Street turmoil.
New York Times: Shares fell sharply as Tuesday’s rally quickly faded.
Silicon Valley Bank contagion gets complicated as bank stocks catch a cold.
Fonterra's first half profit has jumped.
The question now is what will the US fed do?
Tinkering with carbon units has 'turned the market off'.
Financial Times: Data comes as central bank contends with broader concerns.
Meta middle managers in firing line as Facebook layoffs announced.
The financial sector is still reeling from the fallout of two US banks collapsing.
The index has now fallen back to the same level it was on January 12.
Kiwi companies have at least NZ$162m caught up in the US Silicon Valley Bank Collapse. Plus, US inflation data could rock markets this week. Video / NZ Herald
Financial Times: Executives demand Downing Street step in, warn of "existential threat".
Financial Times: Stablecoin’s value drops as crypto market reels from US bank failures.
Results season shows that many companies are well-positioned to face 2023.
There is a sea of red on the local index.
Members-only warehouse club a success but pizza company faces complex landscape.
Cannasouth has posted multi-million dollar losses since listing in 2019, and an American cannabis industry expert explains how NZ can learn from the US' mistakes. Video / NZ Herald
The New Zealand sharemarket was on a steady slide for the second day running.
Fed chair says more aggressive action could be required if economy grows too quickly.
Deeper contraction of imports a shock to the market.
The index had a topsy-turvy day before a late surge pushed it into positive territory.
Underage usage and health concerns stymied an earlier foray into vape sector.
The local index didn't take up leads from strong markets in Australia and the US.
PLUS: Pushpay shareholder would accept better takeover offer.
Markets with Madison: Michael Hill's chief executive reveals what it does if jewellery doesn't sell, and Pushpay shareholders may accept a better takeover offer after rejecting a $1.54b bid. Video / NZ Herald
A lethargic New Zealand sharemarket drifted back on light volume.
Market Watch: Investors hit pause as rates rise higher. Video / NZ Herald
Bremworth's crucial carpet wool yarn factory in Napier was wiped out in the cyclone. Plus, markets fail to fire in February, how inflation is still impacting returns. Video / NZ Herald
Elon Musk discussed how Tesla plans to ramp up battery production.
EV maker to move from premium manufacturer to a mass-market producer.