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BUSINESS NEWS

Latest business news updates about the stock markets, economy, personal finance, property and Kiwisaver.

12:15 Wed May 22 2013
Japan's trade deficit expanded a worse-than-expected 70 per cent on year to $US8.6 billion ($A8.81 billion) in April, data shows.
10:51 Wed May 22 2013
Apple has denied the claims of a US Senate investigation committee that says it uses 'gimmicks' to avoid taxes.
22:13 Tue May 21 2013
Luxury clothing label Armani has recorded more than 2 billion euros in sales revenue.
12:24 Tue May 21 2013
Yahoo chief executive Marissa Mayer has relaunched the Flickr photo platform, saying her ambition is to make it "awesome again".
Met confirms Scotland Yard to be sold
07:30 Tue May 21 2013
The Metropolitan Police has to save more than STG500 million ($NZ934 million) and will sell New Scotland Yard.
20:09 Mon May 20 2013
China's poultry industry has lost more than 40 billion yuan ($A6.5 billion) as consumers shun chicken over bird flu fears.
02:02 Mon May 20 2013
Work on the world's biggest hydroelectric dam will start in October 2015 in the Democratic Republic of Congo.
00:57 Mon May 20 2013
Google executive chairman Eric Schmidt says the company pays "significant" amounts of British corporate, local and employment tax.
JK Rowling's own Potter book for sale
13:00 Sun May 19 2013
Bestselling writer JK Rowling's own copy of the first edition of Harry Potter and the Philosopher's Stone is to go under the hammer.
Vintage Aston Martin sells for $6.14 million
07:59 Sun May 19 2013
A vintage Aston Martin from 1960 has fetched a world-record price of more than STG3 million at auction in Britain.
Clothing brand CEO's elitist comments backfire
07:30 Fri May 17 2013
US clothing label Abercrombie & Fitch has been targeted in a new online campaign which encourages people to give clothes from the brand away to the homeless.
00:06 Thu May 16 2013
The latest figures show the eurozone is now firmly entrenched as the global economy's "weakest link".
17:03 Wed May 15 2013
China's central bank is investigating a growing scandal over the access journalists at Bloomberg News had to potentially sensitive data.
11:42 Wed May 15 2013
Turkey has paid in full its IMF debt, first extended 50 years ago, Prime Minister Tayyip Erdogan says.
05:51 Tue May 14 2013
The EU has handed over the first tranche of a loan package to Cyprus.
03:36 Tue May 14 2013
Bloomberg has apologised for an "error" that allowed its journalists to access client data.
22:29 Sat May 11 2013
UK campaigners are angry a mural by street artist Banksy is up for sale again after its Miami auction was withdrawn due to protests it belonged in London.
15:37 Fri May 10 2013
Tokyo stocks have jumped more than three per cent on Friday morning following the dollar's surge past the 100 yen mark.
Nokia debuts $99 smartphone
08:00 Fri May 10 2013
Nokia has launched an ultra-cheap smartphone in New Delhi as it targets an emerging market.
14:17 Thu May 9 2013
China's inflation has accelerated to 2.4 per cent in April from 2.1 per cent in March, data shows.
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