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Jack Matthews has resigned as chairman of the MediaWorks board just a week after investigation into company's workplace culture made public.

After Monday night's rally, Wall Street has stalled once more, looking for the next catalyst. Dow down -81. (Available for non-subscribers after 10am)

Market close: NZ sharemarket falls as investors digest economic data 5 May, 2021 05:38 AM 4 minutes to read ANZ New Zealand reported half-year profit increased 18 per cent to $930m. Photo / 123RF NZ Herald By: Graham Skellern Investors stepped back to digest a flow of economic data and what it means as the New Zealand sharemarket fell half a per cent after two days of rises. The S&P/NZX 50 Index was down 63.88 points or 0.49 per cent to 12,848.31 in rocky trading, after hitting an intraday low of 12,759.14 and high of 12,912.19. There were 61 gainers and 70 decliners over th...

Market close: Mainfreight hits historic $70 mark 28 Apr, 2021 05:38 AM 4 minutes to read Mainfreight rose 70c to $70.30. Photo / Supplied NZ Herald By: Graham Skellern Transport and logistics favourite Mainfreight made an historic move, breaking through the $70 mark for the first time as the steady-as-you-go New Zealand sharemarket made a small gain. The S&P/NZX 50 Index increased 25.61 points or 0.2 per cent to 12,646.14, again trading in a narrow range of between 12,598.03 and 12,664.42. There were 87 gainers and 47 decliners across the whole market, with 45 million shares...

Market close: Former market darling a2 Milk plunges to another low 27 Apr, 2021 05:38 AM 4 minutes to read A2 Milk, which sat at $19.92 on August 20 last year, has fallen to $7.46. Photo / File A2 Milk, which sat at $19.92 on August 20 last year, has fallen to $7.46. Photo / File NZ Herald By: Graham Skellern The New Zealand sharemarket stayed stubbornly flat but storm clouds surround marketer a2 Milk as it fell a further 5 per cent and more to a new low. The S&P/NZX 50 Index slipped 30.11 points or 0.24 per cent to 12,620.52, after trading in a narrow range of 12,592.77 to ...