Advertisement
New Zealand markets close in 59 minutes
  • NZX 50

    11,830.84
    -115.59 (-0.97%)
     
  • NZD/USD

    0.5958
    +0.0009 (+0.14%)
     
  • NZD/EUR

    0.5553
    +0.0013 (+0.24%)
     
  • ALL ORDS

    7,848.30
    -89.20 (-1.12%)
     
  • ASX 200

    7,586.90
    -96.10 (-1.25%)
     
  • OIL

    83.83
    +0.26 (+0.31%)
     
  • GOLD

    2,344.90
    +2.40 (+0.10%)
     
  • NASDAQ

    17,430.50
    -96.30 (-0.55%)
     
  • FTSE

    8,078.86
    +38.48 (+0.48%)
     
  • Dow Jones

    38,085.80
    -375.12 (-0.98%)
     
  • DAX

    17,917.28
    -171.42 (-0.95%)
     
  • Hang Seng

    17,590.67
    +306.13 (+1.77%)
     
  • NIKKEI 225

    37,991.22
    +362.74 (+0.96%)
     
  • NZD/JPY

    92.8970
    +0.4010 (+0.43%)
     

Apology from Takata CEO after bankruptcy move

The boss of embattled airbag maker Takata Corp has apologised after the japanese firm filed for bankruptcy protection in Japan and said it would seek $1.588 billion in financial aid from U.S.-based auto parts supplier Key Safety Systems. Kate King reports