NZX 50 IND...
7,067.84
+19.37
+0.27%
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NZD to USD
0.7201
+0.0037
+0.51%
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NZD to EUR
0.6701
+0.0007
+0.10%
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AORD
5,665.60
-44.10
-0.77%
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ASX 300
5,562.70
-45.50
-0.81%
Chart for ^AXKO
NZD to AUD
0.9512
+0.0039
+0.41%
Chart for NZDAUD=X
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Nikkei 225
18,922.45
-215.46
-1.13%
Chart for ^N225
Hang Seng
22,898.96
+13.05
+0.06%
Chart for ^HSI
NZD to JPY
81.7910
-0.339
-0.41%
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Battery defects blamed for Note 7 fires

Battery defects blamed for Note 7 fires

Samsung has blamed faulty batteries for causing its flagship Galaxy Note 7 phones to catch fire and has announced steps to av…

  • Markets to keep close eye on Trump AAP - 1 hour 35 minutes ago

    Global financial markets have shown a mixed reaction to the start of Donald Trump's presidency as investors now wait to see if the 45th US president will deliver on his economic promises. US stocks closed modestly higher on Friday after Mr Trump was sworn in - the first time in more than 50 years a new commander-in-chief has been welcomed by a rising equity market. On Monday, the Australian share market opened higher, following on from Wall Street's gains, but had fallen into negative territory by noon.

  • Auditors decry EU food waste AAP - 1 hour 38 minutes ago

    The sheer waste of food had been bothering teacher Marijke De Jongh for so long that two years ago she set up a pop-up restaurant to serve perfectly good groceries and meat that were approaching their expiry date. With her Rekub team, she followed it up with an app that brings thousands of consumers to retail shops where they can buy food approaching its sell-by date. The European Court of Auditors has chided the European Union's executive branch in a report, entitled Combating Food Waste, that decries the bloc's lack of effort in reducing the food waste.

  • Forecast predicts sharp fall in UK mergers AAP - 1 hour 50 minutes ago

    Mergers and acquisitions in the UK are likely to drop sharply in 2017 amid uncertainty over Britain's relationship with the European Union, according to new research. The value of deals is expected to fall to $US125 billion ($A165 billion) this year from $US340 billion ($A450 billion) in 2016 as Britain begins to negotiate its exit from the EU, the law firm Baker McKenzie, a leading adviser on corporate transactions, said in a report.

  • Airbus working on 'flying car' prototype AAP - 1 hour 58 minutes ago

    Airbus Group plans to test a prototype for a self-piloted flying car as a way of avoiding gridlock on city roads by the end of the year, the aerospace group's chief executive says. Airbus in 2016 formed a division called Urban Air Mobility that is exploring concepts such as a vehicle to transport individuals or a helicopter-style vehicle that can carry multiple riders. "One hundred years ago, urban transport went underground, now we have the technological wherewithal to go above ground," Airbus CEO Tom Enders told the DLD digital tech conference in Munich.

  • Cuba sees explosion in internet access AAP - 2 hours 12 minutes ago

    Two days before Christmas, Luis Gonzalez received a little Chinese modem from Cuba's state-owned telecommunications company. The 55-year-old theatre producer connected the device to his phone and his laptop computer, which instantly lit up with a service unimaginable in the Cuba of just a few years ago - relatively fast home internet. "It's really easy to sit and find whatever you need," Gonzalez said as he updated his Facebook account, listening to Uruguayan radio online.

  • Body to assess national security assets AAP - 2 hours 15 minutes ago

    A new federal government body will draft a list of public and private assets which would raise red flags if foreign interests sought to buy or lease them. The Critical Infrastructure Centre is being set up within the attorney-general's department in the wake of the Ausgrid sale veto and the lease of the Port of Darwin. The sale of the NSW power network company Ausgrid to Chinese interests was blocked by the federal government on national security grounds.

  • Workers encouraged to take Friday off AAP - 2 hours 34 minutes ago

    Bosses might be worried about a spike in sickies but the tourism industry is hoping workers will take Friday off and enjoy a four-day long weekend. This week's Australia Day public holiday falls on Thursday, ...

  • S&P; 500 CEOs optimistic on Trump AAP - 2 hours 41 minutes ago

    US President Donald Trump's administration has only just taken over, but already a small parade of S&P 500 companies' chiefs have voiced optimism that his promised tax cuts, stimulus spending and deregulation will boost corporate profits. In the days ahead of Friday's inauguration, senior executives from Morgan Stanley, Delta Air Lines and other major US corporations said the Trump White House had already sparked a brighter outlook for business. "There is certainly more reason to be optimistic as we enter 2017 than there was at the beginning of 2016," Morgan Stanley CEO James Gorman said on Tuesday after his bank reported fourth quarter profit had doubled.

 

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    BUZZWORTHY

    Market Data

    • Currencies
      Currencies
      NamePriceChange% Chg
      0.9512+0.0039+0.41%
      NZDAUD=X
      0.7200+0.0036+0.50%
      NZDUSD=X
      0.5794+0.0004+0.07%
      NZDGBP=X
      81.7950-0.335-0.41%
      NZDJPY=X

    MARKET MOVERS

    • Most Actives
      Most Actives
      NamePriceChange% Chg
      3.52+0.02+0.57%
      SPK.NZ
      1.240.00+0.40%
      PCT.NZ
      1.020.00+0.49%
      ARG.NZ
      2.17-0.10-4.41%
      ATM.NZ
      4.500.000.00%
      SKT.NZ
    • % Gainers
      % Gainers
      NamePriceChange% Chg
      1.00+0.24+31.58%
      ENS.NZ
      2.34+0.19+9.09%
      GOV400.NZ
      4.25+0.30+7.59%
      TPW160.NZ
      4.25+0.25+6.25%
      FBI110.NZ
      4.40+0.20+4.76%
      CEN030.NZ
    • % Losers
      % Losers
      NamePriceChange% Chg
      6.50-1.33-16.99%
      CVT.NZ
      0.17-0.02-10.53%
      VIL.NZ
      0.45-0.04-8.16%
      TTK.NZ
      2.17-0.10-4.41%
      ATM.NZ
      1.60-0.03-1.84%
      PPH.NZ