Watch 6PM Bulletin
Sat 9:30am / Sun 10am
Even another rate cut by the People's Bank of China did not stem worries that slowdown in the world's second-largest economy could stall world growth.
A retirement industry lobby group is arguing that the Government made a mistake axing the KiwiSaver $1000 kickstart incentive.
Markets in Asia, Europe and Latin America rallied after Beijing slashed interest rates, but US markets recorded a sixth day of losses.
They say a week is a long time in politics. Well, a few hours is a long time in the financial markets.
Prime Minister John Key says New Zealand's economy is not headed for a recession, despite a day on global markets that's being called "Black Monday".
Commerce Minister Paul Goldssmith is allowing the Unlisted share trading platform to continue outside the licensing requirements of markets legislation.
Investors on the NZX have been hit hard this morning, with companies including Spark, Fletcher and Xero seeing their stock values plummet.
It was a wild ride for the New Zealand dollar overnight, as it was sold off along with stocks and commodities.
Only Spark New Zealand defied gravity among New Zealand's top 50 stocks as the bourse joined in a global selloff.
New Zealand shares have suffered their biggest decline in almost four years after weak Chinese manufacturing data added to concern about the world's second-largest economy and sapped risk appetite.
The financial markets run on data and numbers. But they are also driven by emotion, even in this age of computer trading.
Stock market operator NZX has been named preferred supplier by Electricity Authority to continue managing all its market operations, including pricing, clearing and wholesale information.
Prices for the most liquid stocks on the NZ bourse have dropped as investors organised to fund purchases of discounted Contact Energy shares.
Greece's stock exchange has reopened with a drop of more than 22 percent after a five-week shutdown imposed by the country's debt crisis and capital controls, with the nation's outflow-hit lenders leading the way.
A new deal to keep the Tiwai Point aluminium smelter open has boosted electricity stocks and helped push the S&P/NZX 50 Index to a record.
An update on the markets for July 31, 2015.
An update on the markets for July 30, 2015.
Advertise with us |
Copyright © 2015 MediaWorks TV. All Rights Reserved.