Recent Posts

While you were sleeping Euro gains as Greece offers to buy back bonds

The euro rose to a six-week high against the dollar after Greece offered to buy back 10 billion euros of bonds in what’s seen as a sign of progress in tackling its debt mountain. As talks in Washington aimed at averting the fiscal cliff appear stalled, a chink of light has flowed into markets from Europe. The euro traded recently …

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WSJ: 2012 in Review – Business

Markets Hub host Paul Vigna and Steven Russolillo review the top markets and business stories from 2012, which include bad robots, flubbed IPOs and old-fashioned Wall Street shenanigans

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MARKET CLOSE NZ shares mixed; Chorus falls on regulatory threat, Xero soars

New Zealand shares fell after telecommunications network operator Chorus said a draft view of price curbs proposed by the regulator could wipe $160 million from earnings. Xero soared to a record after raising funds from US investors. The NZX 50 Index fell 0.99 points, or 0.02 percent, to 4049.09. Within the index, 20 stocks rose, 15 fell and 15 were …

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