News
St George recommends Westpac bid
St George Bank has recommended a sweetened takeover offer from Westpac in what would be Australia's biggest banking takeover.
Oil surges on hurricane threat
Oil jumped than US$2 to near US$109 a barrel on Monday, rebounding from a five-month low on worries that Hurricane Ike would tear through the Gulf of Mexico, and on hopes that a US bailout of its top mortgage lenders would help temper an economic downturn.
Investors say yes to new OPI deal
Investors in failed finance company OPI Pacific Finance today voted to enter into a new arrangement with its parent company Octaviar that could see the investors eventually presented with a cash offer of up to 22.5 cents in the dollar for monies owed.
Economy will pick up: Treasury
The New Zealand economy faces a third quarter of contraction but will resume growing by the end of the year, Treasury said.
Market up 1.1 pc
September 08 – Close: Equities markets around the world surged today in anticipation of a rally on Wall Street after the United States government seized control of mortgage finance companies Fannie Mae and Freddie Mac.
Kiwi strengthens after US bailout
Silver Fern farmers vote for merger
Origin-Conoco in LNG venture
Marlin boosted by Sciele stake sale
Offshore investment fund Marlin Global is set for a $1.8 million payday after agreeing to relinquish its 3 per cent stake in American takeover target Sciele Pharmaceuticals.
Simple way to select scheme
KiwiSaver boosts AMP
ING to unfreeze two funds
Residential building work falls 7 pc
The volume of residential building work put in place fell a seasonally adjusted 7.3 percent in the June quarter, Statistics New Zealand (SNZ) said today.