Business

More Business Stories

• Online tool helps Christmas budget
• Insurers see red over banks' bad lending
• Restaurants, bars next to suffer credit crunch
• Westpac names new NZ boss
• Sadness as Buy NZ made campaign axed
• Fairfax head David Kirk quits
• Hanover investors seek injunction
• Govt books plunge $3.5b into red
• Diligent running out of cash
• St Laurence meeting approves restructuring
• NZ dollar to hit US50c
• Wholesale trade sales fall 1pc
• Banks told to 'share the pain'
• Petrol prices cut again
• Bonus for borrowers
• Europeans make big rate cuts
• Banks flex muscle on Hanover
• Woosh suffers service handbrake
• Record cut as Bollard says worst is over
• Masport strike to continue next week
• Genesis prices up 17pc
• Breakthrough in port dispute
• What you save on a $250,000 mortgage
• Tenon keen to be involved in industry consolidation
• New and old car sales plummet
• Residential construction tanks
• New Red Shed blitz planned
• Qantas, BA merger a 'bee sting' for Air NZ

Europeans make big rate cuts

Reuters

The European Central Bank, Britain and Sweden all made big cuts in interest rates overnight to shore up economies across Europe in the face of ever-bleaker financial news.

AT&T; cuts 12,000 jobs

Oil falls US$3 to lowest in nearly 4 years

'Surreal' global picture key to future rate cuts

Milking greener pastures

By ROD ORAM - Sunday Star Times

Faced with high land values and falling milk prices at home, a growing number of New Zealand dairy farmers are investing in South America, the United States, eastern Europe and Russia.

Keep MPs away from Reserve Bank

Richina company split may be a shark net

Take the money and run

Europeans make big rate cuts

Reuters

The European Central Bank, Britain and Sweden all made big cuts in interest rates overnight to shore up economies across Europe in the face of ever-bleaker financial news.

Macquarie high-fliers crash as jobs cut

Banks will take control of B&B;

US jobless rolls at 26-year peak

SCF a 'positive' amid gloom

By ALAN WOOD - The Press

The South Island's richest individual, Allan Hubbard, is very much the "chairman of the board" and the focus of all eyes at South Canterbury Finance's annual meeting.

Working toward a debt-free retirement

Stimulus all the rage, bar Germany

Challenge motivates Geithner

Dec 5 - Close: NZD hangs around in a range

The New Zealand dollar finished a week in which central banks around the world slashed interest rates trading in a fairly familiar recent range.

Dec 5 - Open: Dollar falls against euro after ECB rate cut

Dec 4 - Close: Kiwi dollar little changed on OCR cut

Dec 4 - Open: Kiwi lower against greenback and yen ahead of OCR

Dec 5 - Close: Market slips after US drop

NZPA

The New Zealand sharemarket slipped again on light volume mostly because United States equities ended lower.

Dec 5 - Open: Shares dip early after sharp US drop

Dec 4 - Close: Sharemarket rises on thin volume

Dec 4 - Open: Sharemarket slightly higher early after record OCR cut

Price hikes coming for Xmas

By TINA LAW - The Press

New Zealanders are about to feel the full force of the biggest price rises for 20 years as the cost of electronics, whiteware, furniture and new cars are expected to jump next month.

Hanover investors seek injunction

Banks cut mortgage rates

Hanover, choose receivership: SA

SURPRISE, SURPRISE, SURPRISE: Reserve Bank Governor Alan Bollard says economists all knew the fault lines in the global financial system were under huge pressure, but the size of the earthquake still came as a big surprise.
• Read more

Search hotels, motels & more: