The Financial Markets Authority ordered Simplicity to remove an advertising campaign that claimed its KiwiSaver clients would retire with up to 20% more than the average from its competitors, the market regulator has revealed today.

New Zealand shares tumbled on Tuesday as short-dated government bond yields hit new highs after ANZ Bank predicted the official cash rate could be doubled by May.

New Zealand's sharemarket started the week with a sharp drop as investors woke up to oil prices at their highest levels since 2008, spelling trouble for global growth.

New Zealand's share market fell half a percent Friday, but the benchmark equity index still finished the week up 1.8% as it bounced back from a sell-off when Russia first invaded Ukraine.

New Zealand shares rallied with global equity markets after the chair of the US Federal Reserve said he supported raising interest more slowly because of the Ukraine crisis.

New Zealand's sharemarket rally stalled today as investors, particularly in Europe, sold stocks and bought government bonds

New Zealand's sharemarket picked up on a last-minute Wall Street surge and continued its resilient rally which has lifted the benchmark equity index recovery almost 4% in the past three days.

New Zealand's headline share index started the week with small gains while US markets signalled a fall tonight after harsher sanctions were imposed on Russia over the weekend.

New Zealand shares bounced dramatically from Thursday’s selloff as investors speculated the worst economic sanctions had been taken off the table and markets had been oversold.

New Zealand shares tumbled on Thursday after Russian President Vladimir Putin ordered a military operation in Ukraine which may be the beginning of a full-scale invasion.

New Zealand’s central bank today increased the official cash rate to 1% and signalled it would likely climb to 3.5% in the next three years.

New Zealand shares fell on Tuesday as Russia recognised two Ukrainian regions as independent states, which has been interpreted as creating an excuse for an invasion.

A2 Milk’s improved outlook helped New Zealand’s benchmark equity index eke out a small gain, even as other stocks fell on fears of a possible war in Ukraine.

New Zealand's headline share index followed global markets lower as investors lost their optimistic view that Russia might be backing away from the Ukrainian border.

New Zealand's sharemarket continued to rally with strong earnings results, and less focus on geopolitics, alluring buyers into the market.

Fletcher Building led the local market higher after beating earnings expectations, while global indices rallied on the perception Russia may be walking back its Ukraine threat.