Lower Hutt leads racing world
When a rally car driver thanks you personally for his survival in a crash that turned a steel rollcage into spaghetti, you know you are doing something right.Repay $36m charges - airlines
Airlines are demanding that the Government repay up to $36 million in overcharged airport security charges paid by passengers over the last two years.
Allied dumped as 1.9bn shares issued
By ADRIAN CHANG - BusinessDay
10:44am Allied Farmers has issued 1.9 billion shares to its new owners, the former investors in Hanover Finance and sister company United Finance.
Venture fund makes paper profit of $3m
By TOM PULLAR-STRECKER - The Dominion Post
The New Zealand Venture Investment Fund, set up by the Government eight years ago to kick start the venture capital industry, made a gain on paper of $3 million in the year to June.
Backlash after companies cancel Xmas parties
By DAVID GADD - Stuff.co.nz
Companies playing Scrooge and cancelling Christmas functions are being forced to back track because of the staff backlash.
Indices
| VALUE | MOVEMENT | |||
|---|---|---|---|---|
| NZX50 | 3,148.744 |  |
-5.485 | -0.17% |
| ASX200 | 4,650.520 | |
-19.800 | -0.40% |
| DOW | 10,308.260 | |
-137.800 | -1.30% |
| NASDAQ | 2,180.050 | |
-21.000 | -1.00% |
| FTSE | 5,196.810 | |
-20.800 | -0.40% |
| NIKKEI | 10,163.800 | |
-13.600 | -0.10% |
| H-SENG | 21,347.630 | |
-264.100 | -1.20% |
| NZX50 20 min delay, others last close | ||||
Top Movers
Currencies
| RATE | |
|---|---|
| Australian Dollar | 0.799 |
| Euro | 0.497 |
| British Pound | 0.441 |
| Hong Kong Dollar | 5.519 |
| Japanese Yen | 64.360 |
| Singapore Dollar | 0.999 |
| US Dollar | 0.711 |
| Price as at 11:13 am, 21 Dec | |
Funds with defensive assets fare best
Kiwisaver funds with a higher weighting to defensive assets such as cash and bonds have proven the top performers during the recent spell of financial turmoil, says funds assessor FundSource.
More investment needed to catch Axa's eye
Company earnings seem to have hit bottom and a pickup is imminent, but fund manager Axa still has less invested in New Zealand than usual and more in Australia.
Big swing from fixed to floating home loans
Festive buying fires up in Christchurch
Wine business drains Foster's profits
Efforts to turnaround Foster's wine division have been hampered by the recession, strong Aussie dollar and a shift in drinking habits.
Citadel on the brink
Citadel Broadcasting, the third-largest US radio broadcaster, said it had filed for bankruptcy protection, as the radio industry continues to be hard hit by depressed advertising revenue.
Opportunity knocks for IPhone app developers
Hyundai in $400m Chinese truck venture
GM mulling Saab options, Spyker renews bid
General Motors said it had received several inquiries over Sweden's Saab and it would evaluate each inquiry as Dutch luxury carmaker Spyker Cars said it had submitted a new offer for the brand.
Santa came early for Wall St
Santa came early for Wall Street this year by delivering a 22 per cent return for 2009, and with just a handful of trading days to go, stock investors are not expecting to find much more under the tree.
OPEC likely to leave targets unchanged
OPEC will almost certainly leave output targets unchanged when it meets this week in Luanda, ministers said, as robust oil prices offset any concerns in the group about excess supplies.
Small gains in thin share trading
NZD meanders higher
Kiwi recoups lost ground
The New Zealand dollar dropped to a week-low against the greenback early on Saturday, but recovered to be little changed from Friday's local close by 8am today.
Sponsored links
No sex please, we're broke
Money-stretched Kiwis are feeling the stress in the bedroom, according to new research.
Most in top tax bracket by 2024
Wage rises will push most Kiwis into the top tax bracket within 15 years, new Treasury figures show.
Christmas spending to take toll
ING's Kiwisaver fund cracks $1bn
Forced sales tipped to remain high
The number of people losing their homes to a mortgagee sale may have dipped according to the most recent data but numbers are still expected to remain high into the New Year.
Brittany Murphy's death confirmed
New Zealand-born teen sailor disappears
David Beckham's worst nightmare
Ex-Kiwis/NRL star called in underworld figure
Tiger Woods with mistress as father died
Concern at 21pc rise of care babies
Hutt woman guilty of $124,000 benefit fraud
Brittany Murphy's death confirmed
Concern at 21pc rise of care babies
Fleetwood Mac show 'in top five'
Auckland SPCA facing catastrophe
Holidays threatened, say unions
Concern at 21pc rise of care babies
Brittany Murphy's death confirmed
Holidays threatened, say unions
Backlash after companies cancel Xmas parties
Flying the flag for new-look Kiwi ensign
'Knife-wielding Christian fanatic' attacks billboard
Fleetwood Mac: The Good, the Bad & the Ugly
- Accommodation
Find Accommodation
- Jobs
Search Jobs
- Property
Search properties
- Motors
Search Motors
