Business

Rod Drury

Call to unlock broadband content

A range of obstacles could slow down ultrafast broadband.

SOE sales an election punt

The arguments put up for asset sales are easily knocked over.

Property shake-out

Bank losses to crystallise in development loan sale.

HIH case goes to Australia

The Australian courts are to decide whether the New Zealand subsidiary of failed insurer HIH Australia owes $277 million to investors on that side of the Tasman.

Few details in Mana tax plan

A pledge to introduce a transactions tax is uncosted.

Indices

  VALUE MOVEMENT
NZX50 4,588.593 arrow -21.588 -0.47%
ASX200 5,165.400 arrow -14.700 -0.30%
DOW 15,307.170 arrow -80.400 -0.50%
NASDAQ 3,463.300 arrow -38.800 -1.10%
FTSE 6,840.270 arrow 36.400 0.50%
NIKKEI 15,627.260 arrow 246.200 1.60%
H-SENG 23,261.080 arrow -105.300 -0.50%
NZX50 20 min delay, others last close

Top Movers

  PRICE MOVEMENT
RAK 0.210 arrow -0.040 -16.00%
SLG 0.165 arrow 0.015 10.00%
BLT 0.011 arrow 0.001 10.00%
SEA 0.030 arrow 0.002 7.14%
FPH 3.200 arrow 0.170 5.61%
VIL 1.420 arrow -0.080 -5.33%
APN 0.370 arrow -0.020 -5.13%
Price as at 6:36 pm, 23 May

Currencies

RATE
Australian Dollar 0.834
Euro 0.625
British Pound 0.534
Hong Kong Dollar 6.245
Japanese Yen 81.370
Singapore Dollar 1.018
US Dollar 0.805
Price as at 8:50 pm, 23 May

Falcon folds its wings

Ford Falcon After 53 years, Ford's Australian large car, the Falcon, has been given 3 years to live.

'Grievous error' puts CEO in prison

The fallout from Dominion Finance Group's 2008 collapse has resulted in its chief executive going to prison.

Profit $2m more than forecast

Xero losses to mount during expansion

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