And former Fed chair Jerome Powell cautions over political influence of the central bank.
Total losses in October reached $US4.5 trillion.
Watch Grant Walker's video of today's top stories.
The Formica sale will be the big one and Fletcher says it’s “progressing well.”
BNZ plans to halve its products over the next five years.
Commerce Commission report estimates excess profit of $37m over five years.
Z Energy share price down 9.34%, or 57c at market close. $228 million shaved off market capitalisation.
Should sustainability reports for listed companies be mandatory?
Some 128 countries implemented a record 315 regulatory reforms in the past year.
Softer restrictions on low deposit loans could be announced at end of the month.
