Further investors in the failed Victoria Property Fund have contacted the Otago Daily Times to say their retirement plans have been ruined by the loss of their savings and investments.
Finance Minister Bill English will deliver his Budget 2012 on Thursday against the European cycle of crisis and the prospect sharemarkets will continue their downward trend.
The United States Federal Bureau of Investigation has long been the subject of books and movies, with heroes swatting down the bad guys and celebrating around the office water cooler.
From a top-floor corner office looking straight up Dunedin's George St, Murray Tilyard is overseeing a medical group that is quietly changing the way health services are delivered to thousands of New Zealanders. That number is set to grow exponentially. Business editor Dene Mackenzie caught up with Professor Tilyard this week.
The Facebook share price is expected to be volatile over the next few days, although new rules implemented by the United States Financial Industry Regulation Authority will help control the fluctuation, Forsyth Barr broker Haley Van Leeuwen says.
Strong links to Dunedin and the University of Otago appear to have sealed the deal for Chinese developers to decide to invest $100 million into a new 28-storey hotel on the city's waterfront.
Retirement village operator Ryman Healthcare yesterday reported its 10th year of successive record profits, the underlying profit rising 16.5% to $84 million in the year ended March.
Briscoe Group surprised the market yesterday by announcing a special dividend of 10c a share, the share price rising 8% on the news.
Sharemarkets around the world remained in turmoil yesterday after Greece failed to form a government, setting the stage for a June election that could raise the risk of Athens abandoning the euro and deepening the euro zone's debt crisis.
The Government is likely to offer incentives to encourage New Zealand investors to hold on to shares they buy in the state-owned energy companies being prepared for listing.
Share price gains made by Sky Network Television in the last three months were wiped out yesterday after the Commerce Commission announced it was launching an investigation into the company's content deals.
Listed infrastructure company Infratil built on second-half momentum to yesterday report an improved operating profit of $521 million for the year ended March.
New Zealand exporters could feel some early benefits if, as expected, the euro zone confirms this morning it is in a double dip recession.
Homeowners with floating mortgages are getting plenty of choice when it comes to fixed rates but SBS Bank financial officer Tim Loan warns that short-term fixed rates may deny people the opportunity for better long-term rates in the future.
Z Energy, the rebranded Shell network now owned by Infratil and the New Zealand Superannuation Fund, has reported an improved profit but one at the bottom of its earlier guidance range.
Retail card spending growth was slightly stronger than expected last month and provided evidence that growth continued at a moderate rate.
An American Spy (Minotaur), by Olen Steinhauer, is a slightly frustrating read, not helped by a totally inadequate last chapter that spoils what could have been a ripping spy thriller.
The Warehouse Group was making encouraging progress on its long-term strategic plan but management yesterday cautioned that cost pressures meant the company's profit growth would take time to come through.
Most people will have come out of a supermarket to see someone collecting for charity, and many will have mumbled something about having no cash.
Each year, Microsoft sponsors the Imagine Cup. More than 100 countries take part in the competition, with each having the opportunity to send a software design team to the worldwide finals to represent its nation and compete on a global stage. This year, business editor Dene Mackenzie was part of the panel judging the New Zealand section of the competition, which was held last month.
