New Zealand shares fell as Fletcher Building dropped to a 14-year low, adding to yesterday's rout after its profit warning. Trade Me soared to a record on a potential takeover. 

The New Zealand dollar hovered just below 68 US cents as ongoing trade tensions sour risk appetite

Foley Family Wines says it expects to invest about $7.4 million for development during the next three years as part of its planned purchase of Mt Difficulty Wines.  

The 11-member Tax Working Group is unlikely to be able to meet its key task of designing a capital gains tax because the group can’t agree on it, says former Inland Revenue deputy commissioner Robin Oliver

Serko shares dropped to a two-month low yesterday as the global tech sell-off overshadowed earnings in line with the firm's expectations. 

QBE Insurance (QBE) released interim results recently which showed a very encouraging performance across the half year. Net profit after tax for the six months ended 30 June rose 4% to US$358 million

CBL Insurance, a subsidiary of CBL Corp, has been placed in liquidation by the Auckland High Court, against the recommendation of the voluntary administrators