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BusinessDesk
Independent, Trustworthy New Zealand Business News
The Wellington-based BusinessDesk team provides a daily news feed for a serious business audience.
BusinessDesk - Latest News [Page 1053]
NZ business confidence rockets to 20-year high
Tuesday, 14 January 2014, 10:14 am | BusinessDesk
Jan. 14 (BusinessDesk) – New Zealand business confidence climbed to a 20-year high in the fourth quarter, lifting expectations for profits, hiring and investments, and raising the prospects for inflation to start to accelerate. More >>
Diligent sales growth slows in 4Q, eyes Europe expansion
Tuesday, 14 January 2014, 9:44 am | BusinessDesk
Jan. 14 (BusinessDesk) - Diligent Board Member Services, the governance software developer, said sales growth slowed in the last three months of 2013, and it has decided to speed up its expansion plans in Europe. More >>
NZ dollar rises to near 8-week high as markets mull US jobs
Tuesday, 14 January 2014, 8:43 am | BusinessDesk
Jan. 14 (BusinessDesk) - The New Zealand dollar rose to its highest level since late November as markets continued to gauge whether last Friday’s weak US employment figures will weigh on the Federal Reserve’s plans to scale back its bond buying ... More >>
While you were sleeping: Lululemon slides
Tuesday, 14 January 2014, 7:46 am | BusinessDesk
Jan 14 (BusinessDesk) – Wall Street declined as investors awaited a slew of US corporate earnings to gauge whether, and for which companies, the pickup in the economic recovery has translated to an improvement in the bottom line. More >>
MARKET CLOSE: NZ shares gain on growth outlook
Monday, 13 January 2014, 5:58 pm | BusinessDesk
Jan. 13 (BusinessDesk) – New Zealand shares rose, pushing the NZX 50 Index to a two-month high, on optimism the market will extend a two-year rally in the face of stronger economic growth. Fletcher Building, Fisher & Paykel Healthcare and Wynyard ... More >>
NZ dollar gains as weak US jobs report erodes optimism
Monday, 13 January 2014, 5:09 pm | BusinessDesk
Jan. 13 (BusinessDesk) - The New Zealand gained in local trading after weaker than expected employment figures in the US eroded optimism the Federal Reserve will accelerate plans to scale back its monetary stimulus. More >>
Asian business leaders see Fed tapering as largest threat
Monday, 13 January 2014, 5:05 pm | BusinessDesk
Jan. 13 (BusinessDesk) – The timing and pace at which the US Federal Reserve unwinds its money-printing programme was identified as the single largest threat to global economic growth in 2014 in a vote from the floor of the Asian Financial Forum in ... More >>
CORRECT: Name suppression lifts on Imran Kamal in tax case
Monday, 13 January 2014, 3:34 pm | BusinessDesk
Jan. 13 (BusinessDesk) - Name suppression has lifted for convicted Wellington accountant Imran Mohammed Kamal, who played a key role in the fictitious invoice writing scheme of former Inland Revenue Department official Brent Gilchrist and former associate ... More >>
Port of Tauranga extends South Island reach with 15 ha site
Monday, 13 January 2014, 2:20 pm | BusinessDesk
Jan. 13 (BusinessDesk) - Port of Tauranga, which acquired a half stake in Timaru’s PrimePort last year, has extended its South Island reach with the acquisition of land south of Christchurch it plans to develop as a freight hub. More >>
NZ Dollar Outlook: Kiwi may gain as acid goes on US recovery
Monday, 13 January 2014, 1:03 pm | BusinessDesk
NZ Dollar Outlook: Kiwi may gain as acid goes on US recovery after weak jobs figure More >>
UPDATE: Wynyard shares rise to record as sales meet forecast
Monday, 13 January 2014, 11:19 am | BusinessDesk
Jan. 13 (BusinessDesk) - Shares of Wynyard Group extended their recent rally to a new record after the intelligence software developer said it met its forecast sales target of $21.5 million last year. More >>
Wynyard 2013 revenue meets forecast of $21.5 mln
Monday, 13 January 2014, 9:11 am | BusinessDesk
Jan. 13 (BusinessDesk) - Wynyard Group, whose shares soared 64 percent last week, says it has met its forecast sales target of $21.5 million. More >>
NZ dollar gains after weak US jobs figures
Monday, 13 January 2014, 8:45 am | BusinessDesk
Jan. 13 (BusinessDesk) - The New Zealand dollar gained after weaker than expected US employment figures on Friday sapped optimism over the pace of the Federal Reserve’s plans to scale back its asset purchase programme. More >>
World Week Ahead: Eyes on earnings
Monday, 13 January 2014, 7:06 am | BusinessDesk
Jan. 13 (BusinessDesk) – After December’s surprisingly weak jobs data took some of the shine off the US economic recovery, investors will be analysing this week’s wave of corporate results for reassurance that better days lie ahead. More >>
MARKET CLOSE: NZ shares gain as investors favour growth
Friday, 10 January 2014, 5:41 pm | BusinessDesk
Jan. 10 (BusinessDesk) – New Zealand shares rose as investors turned to equities in search of growth on optimism local companies will benefit from a reviving economy. More >>
NZ dollar largely flat on the week ahead of US jobs figures
Friday, 10 January 2014, 5:05 pm | BusinessDesk
Jan. 10 (BusinessDesk) - The New Zealand dollar is heading for a 0.3 percent dip this week as investors await the release of US employment figures, which are seen as a cue for the Federal Reserve’s view on the pace of scaling back its monetary ... More >>
Fiji Airways looks to latch on to NZ recovery in growth plan
Friday, 10 January 2014, 11:26 am | BusinessDesk
Jan. 10 (BusinessDesk) - Fiji Airways, the Pacific nation’s national airline, wants to latch on to New Zealand’s accelerating economy as part of a push to more than double operating earnings over the next five years. More >>
NZ dollar slips as key US jobs report tipped to improve
Friday, 10 January 2014, 8:48 am | BusinessDesk
Jan. 10 (BusinessDesk) – The New Zealand dollar slipped ahead of a key US employment report later today which analysts are tipping to be better than expected, bolstering expectations the Federal Reserve will continue to pull back its monetary stimulus ... More >>
While you were sleeping: Solid US jobless claims
Friday, 10 January 2014, 7:35 am | BusinessDesk
Jan 10 (BusinessDesk) – A better-than-expected weekly US jobless claims report, following the solid private employers’ data released earlier this week, kept investors on edge for tomorrow’s government employment report. More >>
MARKET CLOSE NZ shares rise as Xero cracks $5 bln value
Thursday, 9 January 2014, 5:40 pm | BusinessDesk
Jan. 9 (BusinessDesk) – New Zealand shares rose, led by Xero on optimism more investors will focus on the cloud-based accounting firm’s growth potential. Wynyard Group, another high-growth tech company, surged to a new record. More >>
