MARKET CLOSE: Kiwi falls on economic concern
The kiwi dollar sank to its lowest level since late August as the safe-haven US currency continued to attract buying amid a sustained equity sell-off due to fears of recession.
The FMA is running out of patience
Financial services firms that keep failing compliance tests can expect to end up in court, says the FMA boss, Rob Everett.
MARKET CLOSE: Pushpay leads stock market higher
Pushpay led the stock market higher on an analyst upgrade and as tech stocks on Wall Street rebounded following extended selling.
RBNZ signals direct bank funding this year; keeps policy unchanged
The Reserve Bank held its quantitative easing programme and kept the OCR at 0.25 percent, while signalling direct bank funding could start before the end of the year.
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