New Zealand is in recession, so why are so many in the finance industry so confident about the future? Fergus McDonald of Nikko Assset Management explains. This was a year of fear, anxiety, uncertainty and global economic defibrillation. And yet for investors and owners of assets – from art, to gold, to property – it … Read more
The NZX was taken offline yesterday and today in response to cyber attacks – potentially from Russian gangs. What’s all this then? For the second time in two days, the New Zealand stock exchange NZX was taken offline late this morning in response to offshore cyber attacks. The exchange went down around 11.20am this morning … Read more
Panicking and changing KiwiSaver funds when the market goes through a bad patch is precisely the wrong thing to do, writes Martin Hawes. Annual KiwiSaver statements are hitting people’s inboxes about now, and there may be a few gasps from those who don’t generally pay much attention to the business news. Thanks to turbulence on … Read more