Wakeup call: Rates fear hit stocks

Stocks on Wall Street are feeling the pressure. (Image: Deposit Photos)

Tue, 12 Apr 2022

Fresh on BusinessDesk this morningBrent Melville reports cash-strapped developers are offloading an increasing number of building projects as surging costs, delays and tighter financing rules strangle 'unsophisticated' speculators out of the market.Ian Llewellyn reports on the unease being felt in the construction sector as Waka Kotahi-NZ Transport Agency moves to take control of bitumen procurement.Rebecca Howard reports the government is looking at reopening the debate on GMO.Jenny Ruth reports that Arvida sha...

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