Patrick O'meara

A brief update of movements in the financial sector. Audio

In currency markets, the New Zealand dollar is at 73.38 US, 95.96 Australian, 49.76 pence, point-6991 euro, 89.07 yen and 4.59 renminbi, and the TWI stands at 77.24 Audio

For the latest from the markets we're joined by Brad Gordon at Macquarie Private Wealth. Audio

Germany's second-largest bank, Commerzbank, has agreed to pay 1 point 45 billion US dollars to American authorities for violating economic sanctions against businesses in Iran and Sudan. Audio

Food prices have fallen. Official figures show the food price index declined zero point 7 percent in February compared with the previous month, due to lower prices for fruit, vegetables and meat… Audio

New Zealand Oil and Gas says it's made a fair offer to takeover Cue Energy, despite an appraisal report indicating the oil explorer should be offering at least 17 to 51 percent more. Audio

Stronger sales at KFC and the acquisition of Carl's Junior stores have boosted Restaurant Brands' fourth quarter revenue. Audio

With more on the impact the milk formula scare is having on the financial markets - here's our economics correspondent, Patrick O'Meara. Audio

Economists are expecting moderate growth in manufacturing sales this year. Audio

Moody's Investors Service says strong economic growth is supporting New Zealand's triple-A rating. Audio

Fresh questions have been raised about the strength of the economy after manufacturing activity all but stalled last month. Audio

Tourism operators say the national cycleway initiative has attracted high-spending cyclists, and that's helping struggling provincial towns and regions. Audio

The fund manager, Milford Asset Management, has confirmed it's under investigation from the capital markets regulator over claims of market manipulation. Audio

The Reserve Bank is ruling out a cut in interest rates for now, with its governor, Graeme Wheeler reiterating that the cost of borrowing is on hold for some time. Audio

Talks to establish a Pacific-wide trade deal done could be wrapped up soon. America's top trade official says a successful Trans Pacific Partnership, or TPP, pact is close. But formidable hurdles… Audio

The number of consents for new houses and apartments has hit its highest level since 2007. Audio

The Reserve Bank has signalled interest rates on hold for some time. Audio

The regulators of the country's capital markets, the Financial Markets Authority and the NZX, have signed a memorandum of understanding that sets out how they will work together. Audio

The technology firm, Apple, has reported a jump in earnings, thanks to record sales of iPhones. Audio

The phone retailer, Spark, is about to take the next step in improving its fortunes in the competitive telecommunications market. Audio