Yellow Pages Group (YPG) says that it is looking at a minimum interest rate of at least 11% for proposed $300 million bond offer.

"Cash PIEs" look set to become big players in the fixed interest investment area when the government's new tax regime takes full effect.

Palmerston North

PricewaterhouseCoopers partners have been appointed as receivers to Nathans by the finance company's trustee, Perpetual Trust.

Dunedin

Wellington

Auckland

Auckland

PFS abandons bid for building societies, but another player steps up.

Australian research firm PIR has hit back at critics of researchers following the collapse of a number of finance companies.

UPDATED: Nathans Finance falls over, PFS abandons bid for building societies. Comment (+ responses): Commission disclosure back on the agenda.

Deposit rate news briefs: Westpac increases special rates by 1.70%, Global Credit says its notes are unaffected by turmoil, meanwhile Basis Capital outlook poor.

The past couple of weeks have had a lot of news about the credit crisis and its negative impacts on markets. Clearly reading the mainstream papers there is still plenty of action in this space and the sub-prime market in the US.