The technology-rich Nasdaq Composite index fell more than 3% yesterday but brokers are ruling out a ''tech wreck'', as seen in past years. Nonetheless, concerns about the sector are starting to emerge.
Chorus intends appealing a High Court judgement upholding the Commerce Commission's decision to set prices on the use of the lines company's copper wire network.
Prices for milk, cheese and eggs increased 6.7% in the year to March, reflecting the global increase in dairy prices, ASB economist Christine Leung said yesterday.
The shadow of Norman Kirk still looms large on New Zealand's political landscape.
Security experts warn there is little internet users can do to protect themselves from the recently uncovered ''Heartbleed'' bug that exposes data to hackers, at least not until vulnerable websites upgrade their software.
Restaurant Brand directors proved yesterday they were confident enough in their business to provide market guidance for the new financial year, something which has been rare in recent reporting seasons.
Retail card spending was flat in March, which was no great surprise to the market given the strong increase in spending seen in February.
Brokers still remain positive about the future of lines company Chorus, despite the dismissal by the High Court of its appeal over the Commerce Commission's pricing decision.
Business confidence remains at its best level in 20 years, according to the influential New Zealand Institute of Economic Research's quarterly business opinion.
The Government's target of returning the Crown accounts to surplus in the next financial year took another hit in February when lower-than-expected tax revenue was recorded. It showed the Government's operating balance before gains and losses slipping further into deficit.
The Labour Party has pulled together what could be seen as three unrelated events into a platform to again push for compulsory superannuation through KiwiSaver.
SBS Bank chief executive Ross Smith started in his role in 1992, telling his wife the position would be for three to five years.
The most important category of numbers in today's quarterly survey of business opinion would be those relating to the labour market, BNZ senior economist Craig Ebert said yesterday.
Euro zone unemployment remains stubbornly high and United States jobs report was weaker than expected, figures released at the weekend show.
Craigs Investment Partners has initiated coverage on The a2 Milk Company with a hold recommendation on the shares given the broad-based nature of growth opportunities.
The European Central Bank has kept its gunpowder dry again, holding its key interest rates unchanged for the fifth month in a row. But in New Zealand, rates are likely to rise again in three weeks. Business editor Dene Mackenzie looks at global rates.
More than $50 million of shares in Xero were traded on Wednesday and Thursday, the days leading up to the market darling's announcement to the NZX yesterday.
Dunedin South MP Clare Curran has again been forced to deny she is the electorate MP aligned with Kim Dotcom's Internet Party.
BNZ chief executive Andrew Thorburn is leaving the New Zealand operations to take over as chief executive of BNZ parent National Australia Bank.
Average asking prices for houses for sale in the Central Otago-Lakes District fell nearly 9% in March, along with a 12.4% fall in the West Coast and a 10.2% fall in Marlborough.
