Summer travels to heal all

Ah, summer! A time for visits to family, friends and fascinating places around the country. Good for the soul, good for the economy. Both need refreshing after a couple of rough years.

NZX boss can't wait for 2010

By TIM HUNTER - Sunday Star Times

The NZX boss sees 2010 as the year New Zealand can get 'big things done', writes Tim Hunter.

Postal price rise 'inevitable'

By ROB STOCK - Sunday Star Times

As mail volumes keep falling, something has to give in terms of sending parcels and letters. Rob Stock reports.

Hanover gets lawsuit bills, says Allied

By GREG NINNESS - Sunday Star Times

Allied Farmers, the listed company taking over Hanover Finance's moribund property and loan assets, says it will carry no liabilities relating to loans at the centre of bitter litigation between Hanover and developer Mark Cooper.

Money men take no risks with security

By ROB STOCK - Sunday Star Times

Nervous executives, worried that angry investors will seek revenge, are paying as much as $2000 a day to be flanked by bodyguards when preparing to face an out-of-pocket mob.

More Business headlines

Business ouquets and brickbats

Financial worries a passion killer

The Warehouse going upmarket

Care urged over Dubai farm deal

Biggest NZ-built yacht sold to Aussie

Ex-Feltex directors lose appeal

Xmas shopping: Before-and-after deals in demand

Westpac NZ makes $494 million loss

Telcos backtracking on termination rates deal

Competitors get look at Telecom 'accounts'

More Business headlines

Indices

	VALUE
NZX50	3,154.229	31.313	0.99%
ASX200	4,670.270	8.400	0.20%
DOW	10,308.260	-137.800	-1.30%
NASDAQ	2,180.050	-21.000	-1.00%
FTSE	5,217.610	-102.700	-1.90%
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

	PRICE
SCY	0.330	0.030	10.00%
DIL	0.270	-0.030	-10.00%
CAV	2.800	0.250	9.80%
DPC	0.120	-0.010	-7.69%
NZR	3.600	-0.300	-7.69%
WTL	1.300	-0.100	-7.14%
GLL	0.640	0.040	6.67%
Price as at 6:35 pm, 18 Dec

Currencies

RATE
Australian Dollar	0.801
Euro	0.495
British Pound	0.440
Hong Kong Dollar	5.509
Japanese Yen	63.730
Singapore Dollar	0.996
US Dollar	0.712
Price as at 8:10 pm, 18 Dec

'Fighting monks' plan $205m share issue

China to cash in on green gold?

Highest paid boards in US

Wall Street's most feared man

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Industries

UK rail giant eyes Kiwi trains

London-listed international services company Serco is looking at how it can turn New Zealand's long-distance passenger train services into a profitable tourist-orientated business.

Humanitarian pressure on Fonterra grows

Amnesty International is escalating its call for Fonterra to condemn the executions of two people involved in the San Lu milk powder tragedy.

Open-sea mussel farm gets approval

$10m in tariffs could go

World

BlackBerry gives RIM Christmas boost

Research In Motion posted a big jump in profit and issued an even stronger outlook, as sturdy demand from holiday shoppers helped the BlackBerry maker fend off the competition.

Renault in 'crisis' talks

Renault SA is talking with potential partners, including Germany's Daimler, to cuts costs or boost volumes as it struggles to get its crisis-ravaged finances in better shape.

China's 'fighting monks' plan $205m issue

Bernanke's nomination confirmed

BA wins injunction to halt strike

British Airways won a court ruling to prevent a 12-day cabin crew strike that threatened to strand hundreds of thousands of passengers over Christmas.

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Market Data

NZD meanders higher

The New Zealand dollar meandered higher in afternoon trading today but dealers said the move reflected trading in the US dollar.

Flat start for NZ shares

The New Zealand sharemarket was flat in early trading, with NZ Refining Co falling a further 5c on top of yesterday's 15c fall when a company statement highlighted its difficult trading environment.