US market burns Kiwi investors (Stuff)
Story date: 2008-01-01 08:03:30
Added on: 2008-01-01 18:00:15
Several thousand Kiwi investors have lost about a third of their investment in Fortress Notes - issued by Australian investment bank Macquarie - due to volatility in United States financial markets.
Read more...
Related Stories:
-
Kiwi slightly off 4-month high against Aussie (INO News)
(RTTNews) - The New Zealand kiwi weakened slightly after rising to a new 4-month high against the Australian dollar during early Asian...
2008-09-09 08:08:12 -
The average Kiwi really is better off (Stuff)
Many people may feel they are struggling as the cost of living rockets. But on a wide range of measures, the average...
2008-05-16 03:49:39 -
The average Kiwi really is better off - Stuff
People better off. We've recently been bombarded by tales of average Kiwi families battling with rising mortgages and sharply higher prices for...
2008-05-16 03:41:00 -
Investment properties fuel rise in defaults
Buffalo News - Those four states also happen to among the states experiencing the most rapid increase in delinquency rates nationwide, as...
2007-09-04 03:47:00 -
AIG loses $5.3B on hefty investment losses
USA Today - AIG also lost more than $3 billion in its investment portfolio because of "significant, rapid declines" in the value...
2008-02-27 03:53:00 -
NZ dollar climbs to 5-day high against Japanese yen (INO News)
(RTTNews) - During early European deals on Monday, the New Zealand dollar extended its Asian session gains against the currencies of US,...
2008-10-20 05:41:24 -
Currency: Kiwi on comeback trail
New Zealand Herald - ... current attempt. In contrast to 2006, when the kiwi started at US70c but remained below that...
2007-12-30 12:03:00 -
US market burns Kiwi investors - Stuff.co.nz
US market burns Kiwi investorsStuff.co.nz, New Zealand - 9 hours agoThe Fortress losses in the US financial markets compare with about $1.5 billion of...
2008-01-01 08:00:23