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Latest fromNew York Stock Exchange
China fall spooks markets
Markets across the region were further rattled yesterday as the Chinese stockmarket fell to its lowest level in four years.
NZ market still dealing with US fallout
Ongoing fallout from the US plan to easemoney printing policy and uncertainty in Asian markets are being blamed for a fall on the New Zealand share market.
New low for MRP shares
Mighty River Power shares slumped to a new low of $2.23 this morning as the local stock exchange followed world markets down, reaching its lowest point in a month.
World shares, bonds drop on Fed taper news
Wall Street has declined after Fed chairman Ben Bernanke said the central bank may begin tapering its US$85 billion-a-month bond-buying program later this year.
Bank of England warned on inflation pressures
Britons should be braced for years of high inflation as the cost of living soars stubbornly ahead of wages, a leading economic forecaster warns.