![FMA's case is 'speculation, supposition, and retrospective hindsight' - Warminger defence opens](/pf/resources/images/placeholders/placeholder_l.png?d=795)
FMA's case is 'speculation, supposition, and retrospective hindsight' - Warminger defence opens
The defence opened its evidence in the Financial Market Authority's case against Milford Asset Management portfolio manager Mark Warminger
The defence opened its evidence in the Financial Market Authority's case against Milford Asset Management portfolio manager Mark Warminger
Wall Street was mixed as investors awaited Friday's nonfarm payrolls report to gauge the timing of a Federal Reserve interest rate hike.
New Zealand shares dropped more than 1 per cent for the second day running.
Wall Street rose in a broad rally with the price of oil on an unexpected drop in US stockpiles and better-than-expected data.
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New Zealand shares followed Wall Street lower on renewed speculation the US Federal Reserve will raise interest rates later this year.
New Zealand commodity prices rose for a fifth month in September, driven by dairy.
Wall Street declined as comments from US Federal Reserve underpinned bets the central bank will raise interest rates.
New Zealand shares fell in light trading, with NZX declining on news its chief executive Tim Bennett will leave the stock market operator.
Craigs Investment Partners has downgraded its view on New Zealand shares and told investors it's time to cash in.
New Zealand shares gained slightly in light trading, led by Tegel Group Holdings and Meridian Energy while Air New Zealand dropped.
Shareholders of a Central Otago winery are fighting over a share sale.
New Zealand shares gained, with turnover peaking for the week as investors tidied their portfolios
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Wall Street dropped, with financial and health care stocks leading the way.
New Zealand shares rose as global markets were encouraged by reports of a deal to ease the glut of crude oil.
Oil prices jumped, while stocks on Wall Street rose, on a report that OPEC reached an agreement to limit output.
Wall Street advanced after a report showed US consumer confidence climbed to the highest level in nine months.
Oil prices tumbled on signs that Saudi Arabia and Iran continue to disagree over output limits ahead.
US stocks and longer-dated debt rose, while the greenback weakened.
Economic turning points are never easy to spot, but right now it's proving harder than ever.
Wall Street rose, as did US Treasuries, as the Federal Reserve began its two-day meeting.
Markets are expected to remain choppy in the lead-up to this week's much awaited meeting of the US Federal Reserve.
Sharemarkets fell sharply on reports that at least two members of US Federal Reserve board favour raising its base interest rate when it meets this week.
US stocks fell as the possibility of a fine against Deutsche Bank weighed on big banks and investors.
New Zealand shares rose, snapping a six-session streak of declines.
Wall Street rose, bolstered by Apple shares, even as latest US reports showed weaker-than-expected retail sales.
'Boring' was how one local analyst described the extended stretch of calm that came crashing to an end in recent days
The NZX-50 fell again today taking losses for the week to nearly five per cent. What's got global investors rattled?