Meanwhile, the central bank will look through the immediate ‘mayhem’ as inflation set to rise because of oil shock, says Amova’s Fergus McDonald.
Sell-off in US treasuries seen as the major reason for market 'correction.'
NBR reveals the seller as more shares come off escrow today.
Synlait founder John Penno and his wife, Maury Leyland Penno, invest in puree food company.
Forsyth Barr makes first buys since August today.
ACC will begin repaying businesses with interest this month.
Buying opportunities abound after market plunges.
KiwiSaver fund managers ‘underwhelming’ at asset allocation.
Its share price has risen 500% since listing in February.
Bond yields continue to rise; European stocks fall 1.6%.