The country's consumer watchdog says Countdown's move to freeze some of its prices is positive, but the supermarket's profits are still sky-high. Photo: RNZ / Cole Eastham-Farrelly Countdown is put… [+2905 chars]
Summary Risk assets crumble as stagflation concerns return to the foreUS rates surge higher, with US 10-year breaking decisively above 3% and nearing its 2018 cycle highsLittle fresh news driving m… [+8949 chars]
A shortfall of $8.7 million has been left by the collapse of Wellington construction company Armstrong Downes Commercial, liquidators say. The Paddington, a $130m project to build 150 terraced house… [+1504 chars]
Down at ground zero it's always interesting, but the one's to watch are the commercial banks. These guys/gals now have two-thirds of their books in residential mortgages (they're more like building s… [+3446 chars]
Last time, drops also appeared to accelerate, in gfc period ,here in Auckland,it felt like mania peaked 2006 ,but was steady selling still,on into 2008 ,then troughed through to early 2012.( My recol… [+573 chars]
Kiwi Wealth is adding company DGL to its list of businesses it wont invest in after its chief executive made derogatory comments about popular New Zealand chef, Nadia Lim. The image of Nadia Lim on… [+4258 chars]
Last time, drops also appeared to accelerate, in gfc period ,here in Auckland,it felt like mania peaked 2006 ,but was steady selling still,on into 2008 ,then troughed through to early 2012.( My recol… [+573 chars]
Stocks are slumping on Wall Street, erasing a rally from a day earlier, as markets assess the looming fallout from the Federal Reserve's stepped-up fight against inflation. In late trading, the Nasd… [+5340 chars]
The flight had been in the air fir just 40 minutes when they were forced to turn around. Photo / Flightradar 24A Virgin flight from London to New York had to turn back after the co-pilot revealed he … [+1534 chars]
Here are the key things you need to know before you leave work today. MORTGAGE RATE CHANGESChina Construction Bank increased mortgage rates for six-month to five-year terms by between 20 and 50 basi… [+3748 chars]
Down at ground zero it's always interesting, but the one's to watch are the commercial banks. These guys/gals now have two-thirds of their books in residential mortgages (they're more like building s… [+3446 chars]