![NZ shares down as fear roils global markets](/pf/resources/images/placeholders/placeholder_l.png?d=796)
NZ shares down as fear roils global markets
The local sharemarket has dived in early trading.
The local sharemarket has dived in early trading.
The Federal Reserve has voted to buy US Govt debt in a fresh bid to spur the world's biggest economy.
The financial crisis offically began three years ago.
NZ Farming Systems Uruguay said it disagrees with assertions made by Olam International and urged shareholders not to sell into the takeover offer yet.
One of the key people behind the Chinese Crafar bid has links with Pansy Wong's husband.
Stocks in the US advanced as better-than-expected expansion in private-sector jobs and the nation’s services sector eased some of the recent heightened concerns.
Kathmandu shares have slumped nearly 10pc after the company said profits will be up, but slightly under forecast.
US equities fell overnight, as house sales, factory orders and consumer spending fell short of expectations.