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Sharemarkets

Market close: NZ shares pace regional selloff, Telecom drops

New Zealand shares fall, pacing a regional selloff in equities as investors fret Greece will leave the eurozone.

While you were sleeping: US housing provides lift

Better-than-expected data on the US housing market helped firm optimism about the outlook for the American economy, and helped equities extend their rebound from recent losses.

World week ahead: EU rattles the globe

Not even Facebook's IPO could dodge the virus known as the euro debt crisis - and there’s no sign yet of a new or more intense course of treatment.

Market close: Shares fall, Sky TV tumbles on regulator probe

New Zealand shares fall, led by Sky Network Television, after the regulator says it will investigate the pay-TV company's content deals with internet service providers. 

World week ahead: focus shifts east to China

Key data from China on inflation, retail and factory output this week will help investors gauge whether the performance of the world's second-largest economy can help offset lingering worries about Europe and new ones about the US.

While you were sleeping: ECB risks, US services slow

Downside risks in Europe and an unexpected slowing in the US services sector has investors rethinking the outlook for a second day.