Market optimism fizzles as Euro worry returns
World share markets are down, with worries about Europe overwhelming good economic data from the US.
AdvertisementAdvertise with NZME.
Latest fromMonetary Policy
World markets, Euro dip on Italy, Spanish debt auctions
Stocks on both sides of the Atlantic dropped, as did the euro, after investors demanded the highest yield since 1997 to buy Italian debt and Spanish bonds hit the radar.
Wall St up as US jobless claims, trade deficit fall
Wall St advanced overnight as investors focused on some positive news from the home front, including better-than-expected jobless claims data and Cisco Systems earnings.
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.
World Markets: Sink or swim for Berlusconi
Equities on both sides of the Atlantic have started the week in the red as Greece agreed to form a new government and Italy's Prime Minister Silvio Berlusconi denied reports he planned to resign.
World markets up on Greek backdown, Europe rate cut
Stocks on Wall St and in Europe rose after an unexpected interest rate cut by the European Central Bank and the vote backdown from the Greek PM.
World markets slump on Greek vote shock
World sharemarkets dropped overnight after the Greek Prime Minister sought to silence critics by unexpectedly calling for a referendum.
Wages up, but private sector lags
Wage increases accelerated in the last quarter, but is still soft enough to keep the Reserve Bank from hiking interest rates anytime soon. The labour cost index rose 0.6 percent in the last...
A less spooky Halloween for Wall St
Halloween is likely to be a lot less spooky than it appeared to be mere days ago with October set to close as the best performing month for Wall Street in decades.
Bernard Hickey: Is Alan Bollard turning Japanese?
Slowly, but surely, Alan Bollard and the New Zealand economy are turning Japanese.
OCR: rates left on hold at 2.5pc
The Reserve Bank has this morning left the Official Cash Rate unchanged at a record low 2.5 per cent. The move was widely anticipated, with this week's inflation numbers coming in lower than predicted.
Bollard warns against quake 'over regulation'
New Zealand needs to avoid a costly regulatory over-reaction to the Christchurch earthquakes, says Reserve Bank Governor Alan Bollard.
Banking on more world market uncertainty
Anyone hoping for a weekend fix to the global banking sector will have to wait a little longer - perhaps a lot longer.
Bernard Hickey: What did double-downgrade day really mean?
Now the dust has settled on 'Double-Downgrade Day', it's worth looking at what it all means.
Greek woes may affect NZ credit access - Bollard
Greece's sovereign debt woes could end up affecting New Zealand's access to credit and slowing down the country's economic growth, says Alan Bollard.
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."