Latest market news
S&P's concerned about Nufarm's liquidity
Nufarm has been placed on credit watch by ratings agency Standard & Poor's on concerns about its rising debt and future profitability.Accept Paladin bid, NGM tells investors
Minerals explorer NGM Resources has advised shareholders to accept a takeover bid from Paladin Energy.NZ sharemarket up after positive US data
The NZ sharemarket rose in early trading as encouraging US data kept investors optimistic ahead of Friday's US monthly payroll figures.Gold up as investors brace for jobs
Gold rose on Thursday, settling slightly higher as investors set positions ahead of the key US employment report which may boost demand for safe-haven assets.NZ dollar continues to climb overnight
The $NZ continued to climb overnight, ending the week on a stronger note than the start.Oil prices rise on economic reports
Oil prices ended higher on Thursday after an initial retreat as investors put a positive spin on reports about jobs, manufacturing and home sales.Stocks to watch
Stocks of interest on the Australian Stock Exchange today.$A opens higher on firm US data
The Australian dollar has opened higher on positive US data and a move back towards riskier assets.Aussie markets receive positive leads
The Australian markets have received positive leads for the third consecutive day, with stronger performances in overseas markets overnight.Wall Street jumps on positive data
Stocks rose on Thursday, extending their gains from the day before, after reports on housing, manufacturing and jobs all indicated that the economy is growing.European stocks rally peters out
A one-day rally on European stock markets peters out as investors took profits, but most exchanges closed with modest gains.$US lower before Friday's US jobs data
The dollar fell against other major currencies on Thursday ahead of a key US jobs report.Wheat prices rise on Russian export ban
Wheat prices advance after Russia extended its export ban on the crop until next year's harvest, nurturing hopes of more robust US sales.ECB raises growth, inflation forecasts
The European Central Bank raises its growth and inflation forecasts for the 16-nation eurozone, with the economy now expected to expand 1.6 pc in 2011.Oil prices rise after mixed news
Oil prices ended higher after an initial retreat as investors put a positive spin on reports about jobs, manufacturing and home sales.Funds eye Potash bid
Alberta's public sector fund manager has been approached by sovereign wealth funds and other parties about participating in a possible takeover bid for Potash.US Treasuries down again
US Treasuries fell for a second straight day as recent economic data assuaged fears the world's largest economy may be headed for a double-dip recession.Bernanke says close unstable banks
Federal Reserve Chairman Ben Bernanke says regulators must be ready to shut the largest institutions if they threaten to bring down the financial system.Copper at four-month high
Copper rose to its highest in more than four months as recent economic data from the world's two largest economies, the US and China, brightened the outlook.NZX only NZ company in Forbes top list
Forbes Magazine has picked a list of 200 "best under a billion" top-performing companies in Asia -- those worth under $US1 billion -- including NZX.NZ to enter dairy futures trading
Significant price lifts in Fonterra's internet auction of commodity milkpowders have set the scene for the start of NZX trading in global dairy futures.British house prices fall for second mon
British home prices fell for a second month running in August when they dropped 0.9 per cent compared with JulySmaller trade surplus impresses experts
The $1.9 billion monthly trade surplus for July is impressive, even though it was well short of expectations and the record $3.4 billion posted in June.ABC founder Eddy Groves to sue broker
Eddy Groves, the founder and director of collapses childcare group ABC Learning Centres Ltd, is seeking to sue share broker Austock Group.Big corps turn overseas for funds
Big Australian corporates are turning to global banks and bond markets to fund their offshore expansion because local banks lack scale, Finsia says.Woodside says Browse LNG on track
Woodside Petroleum says its Browse liquefied natural gas (LNG) development is on track to complete a $1.25 billion work program by mid 2012.Origin part of geothermal consortium
Origin Energy says a consortium it belongs to has won a geothermal exploration concession in Indonesia.Aussie companies named in Forbes list
Thirteen Australian companies have been named as part of Forbes Magazine's "best under a billion" list of top performing companies worth under $US1 billion.$A higher despite weak trade data
The Australian dollar closed a higher, after it held onto most of its overnight gains.Coles to provide growth opportunities
Coles will continue to provide Wesfarmers with opportunities for growth while the conglomerate looks to lift its return to shareholders.Aust stocks continue strong gains
The Australian share market has posted a second successive day of good gains with all sectors showing strength.Stocks to watch
Stocks to watch on the Australian Securities Exchange at close.Changes in shareholdings
Changes in substantial shareholdings.New Zealand share market stronger
The NZ share market rose for a second consecutive day after a strong Fonterra online milk powder auction followed news of strength in the Australian economy.Fairfax appoints two new directors
Fairfax Media Ltd says it has completed the process of board renewal with the appointment of two new directors with media experience.Atlas expansion plans boosted by study
Atlas' expansion plans got a boost after it announced positive pre-feasibility study results for a centralised processing and haulage hub it plans to build.Global crisis drives investors to forex
The global economic crisis has driven investors to the forex markets where turnover has soared to a staggering $US4 trillion ($A4.4 trillion) a day.Metcash forecasts EPS to grow 6-8%
Grocery and hardware wholesaler Metcash says underlying earnings per share in fiscal 2011 is likely to grow six to eight per cent.Number of job vacancies unchanged in Aug
The number of jobs on offer nationwide was unchanged in August following a surge in July, after retail sector hiring stalled.Fans to spend big on footy finals
Watching your team win a grand final might be priceless, but the associated eating, drinking and betting will pump half a billion dollars into the economy.Servcorp expands global office network
Office services provider Servcorp Ltd increased its global network by adding six new locations in Asia, North America and the Middle East.Help for banks key focus at ECB meeting:
Financial markets will focus on questions of funding for the banking system when the European Central Bank meets on Thursday.EU firms in China call for level field
European companies in China are calling for greater market access and a level playing field with Chinese rivals.BNZ changes back to old logo
Why fix what is not broken rings true with NZ's BNZ as it reverts to a logo similar to its old 1950s southern cross design.Countplus makes last buy before float
Count Financial has settled the 17th takeover for subsidiary Countplus, which the accounting firm is preparing to spin off in a separate listing in December.Brambles takes aim for US growth
Brambles Ltd has created a US advisory board and appointed two high profile executives to assist the global pallet provider with its US expansion plans.NZ bank customers more satisfied
Customer satisfaction with the big five banks in NZ improved during the year to June, but Kiwibank and TSB remain at the head of the pack, a survey shows.China slows down Aussie buying in July
A sharp drop off in exports to China led to a worse than expected trade report for July, economists say.Rio Tinto opens Brockman 4
Rio Tinto Ltd has officially opened its $US1.5 billion Brockman 4 iron ore mine in Western Australia's Pilbara region.Aust goods and services surplus in July
The Australian balance of goods and services was a surplus of $1.888 billion in July, seasonally adjusted.Sharp fall in SME credit growth in June
Credit demand by Australia's small business sector fell sharply in June, with demand for asset finance plunging 21 per cent.AOFM sells $1.9bln in treasury notes
The Australian Office of Financial Management (AOFM) has sold $1.9 billion in Treasury notes in three tranches at tenders.Coffey reviews structure
Coffey International says it will split the group executive operations role between regional and specialist lines as a key executive resigns.AGL Mosaic merger given expert approval
Oil and gas explorer Mosaic Oil NL says it has received an independent expert's report that supports the takeover offer made by AGL Energy Ltd.US stocks make strong gains
Wall St closes sharply higher after good news on manufacturing allays fears about the economy.Oil prices higher on improved data
Oil prices sail higher as improvement in the US manufacturing industry eases fears about the strength of the global recovery.Avexa hires adviser to undertake review
Avexa Ltd is hiring a corporate advisory firm to undertake a review of the biotech firm.European markets post strong gains
European markets post strong gains, London up 2.70 per cent.Regulator files against freighters
The Commerce Commission in NZ has filed proceedings in the High Court against companies accused of anti-competitive conduct in the freight forwarding.Foster's CFO McKay joins Asciano
Foster's Group chief financial officer Angus McKay has resigned from the beverage company to join ports and rail operator Asciano Group.
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