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 5,100.592 arrow -27.421 -0.54%
ASX200 5,486.790 arrow 22.300 0.40%
DOW 16,943.810 arrow 28.700 0.20%
NASDAQ 4,415.490 arrow 19.300 0.40%
FTSE 6,690.170 arrow 17.800 0.30%
NIKKEI 15,164.040 arrow -52.400 -0.30%
H-SENG 23,233.450 arrow -5.500 0.00%
NZX50 20 min delay, others last close

Top Movers

  PRICE MOVEMENT
WDT 0.120 arrow 0.029 31.87%
CUE 0.124 arrow 0.024 24.00%
VML 0.014 arrow 0.002 16.67%
NTL 0.010 arrow 0.001 11.11%
CRP 0.200 arrow -0.020 -9.09%
MVN 1.070 arrow -0.060 -5.31%
PPL 0.400 arrow 0.020 5.26%
Price as at 6:36 pm, 11 Jul

Currencies

RATE
Australian Dollar 0.939
Euro 0.648
British Pound 0.515
Hong Kong Dollar 6.832
Japanese Yen 89.380
Singapore Dollar 1.094
US Dollar 0.882
Price as at 8:10 pm, 12 Jul

Westpac faces court

Court Westpac is alleged to have sold interest rate swaps to businesses despite knowing a likely fall in interest rates would leave customers facing losses.

Leaders on track

Imagine a work day where you're woken up at six for a run, have to jump out of a boat and then climb a wall blind-folded.

Stub out the smokes

Kiwis firms 'scared' of Asia

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