NZX 50 IND...
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ASX 300
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-94.33
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74.7006
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Toyota invests $71M in driverless cars

Toyota invests $71M in driverless cars

Toyota is investing $US50 million ($A71 million) with Stanford University and the Massachusetts Institute of Technology in th…

  • Doubt rates will fall much further despite 'mortgage war' Newstalk ZB - 11 hours ago

    Home owners are being warned that sitting on the sidelines in the hope of lower mortgage rates could cost them in the long run.

  • Mega-mall set for Takapuna Newstalk ZB - 12 hours ago

    The growth of online retail outlets doesn't seem to be deterring investors from putting money into brick and mortar stores.

  • Hockey attacks 'detractors' of free trade AAP - 22 hours ago
    Hockey attacks 'detractors' of free trade

    Treasurer Joe Hockey has used a global forum to take aim at "detractors" of free trade agreements. Mr Hockey told a B20 business leaders forum in Ankara, Turkey, that bilateral free deals such as that between Australia and China were the key to prosperity and jobs. "Those that stand in the way of free trade are standing in the way of higher growth and job creation," Mr Hockey told the forum, being held on the sidelines of the G20 finance ministers' meeting.

  • Hockey says Aussie dollar not too weak AAP - Fri, Sep 4, 2015 7:41 PM NZST
    Hockey says Aussie dollar not too weak

    Treasurer Joe Hockey says the Australian dollar, now sitting below 70 US cents, isn't too low. Mr Hockey said he would leave judgment of fair value of the Australian dollar to the markets. Mr Hockey said Australia had a diversified economy, much more diversified than people appreciated.

  • $A falls to six year low on global worries AAP - Fri, Sep 4, 2015 7:32 PM NZST

    Ongoing global economic worries have pushed the Australian dollar to a fresh six year low. "It's the same reason as what we've seen recently," Commonwealth Bank chief currency strategist Richard Grace said. The European Central Bank on Thursday downgraded its economic forecasts and inflation forecasts, and hinted at more stimulus if needed.

  • Market edges higher ahead of US jobs data AAP - Fri, Sep 4, 2015 7:06 PM NZST

    The share market has closed slightly higher in a see-sawing session ahead of the release of important jobs figures in the US. Many investors were sitting on the sidelines as they waited for US non-farm ...

  • Boiler room bust on Gold Coast AAP - Fri, Sep 4, 2015 7:05 PM NZST

    Two men will front court this month on charges of money laundering after the latest boiler room investment fraud bust on the Gold Coast. Queensland's Crime and Corruption Commission (CCC) alleges the two men, aged 43 and 67, laundered nearly $200,000 generated by a company, Lay Trading Solutions Pty Ltd. As result of the CCC's ongoing Operation Lima Violin II, both have been issued with notices to appear at Southport Magistrates Court on September 24.

  • Economists gloomy after weak data AAP - Fri, Sep 4, 2015 7:04 PM NZST

    Australian economists were confronted this week by a one-two combination of soft economic growth figures on Wednesday and a fall in retail trade on Thursday. Royal Bank of Canada (RBC) economists Su-Lin Ong and Michael Turner said the economy was "stuck in the slow lane", and lowered their forecasts for GDP growth on the basis of new, lower trajectories for key indicators, including the terms of trade and the ratio of export prices to import prices. One of the stumbling blocks is the lower Australian dollar, which will give the economy a shot in the arm.

 

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    BUZZWORTHY

    Market Data

    • Currencies
      Currencies
      NamePriceChange% Chg
      0.90860.000.00%
      NZDAUD=X
      0.62800.000.00%
      NZDUSD=X
      0.41400.000.00%
      NZDGBP=X
      74.7006-0.0565-0.08%
      NZDJPY=X

    MARKET MOVERS

    • Most Actives
      Most Actives
      NamePriceChange% Chg
      2.15-0.02-0.92%
      MEL.NZ
      3.17-0.04-1.25%
      SPK.NZ
      6.95-0.10-1.42%
      FBU.NZ
      2.505+0.025+1.01%
      AIR.NZ
      3.56+0.06+1.71%
      TME.NZ
    • % Gainers
      % Gainers
      NamePriceChange% Chg
      0.55+0.05+10.00%
      VIL.NZ
      3.40+0.28+8.97%
      AIA080.NZ
      0.49+0.04+8.89%
      CAV.NZ
      5.00+0.40+8.70%
      IFT090.NZ
      2.35+0.15+6.82%
      SML.NZ
    • % Losers
      % Losers
      NamePriceChange% Chg
      0.50-0.05-9.09%
      IKE.NZ
      3.00-0.29-8.81%
      AKC050.NZ
      1.247-0.075-5.67%
      ASP.NZ
      7.34-0.44-5.63%
      ASF.NZ
      3.80-0.18-4.52%
      CEN020.NZ