Scoop has an Ethical Paywall
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 121]
Michael Hill names COO
Thursday, 10 January 2019, 2:34 pm | BusinessDesk
Jan. 10 (BusinessDesk) - Michael Hill International has named Andrea Slingsby as its new chief operating officer. More >>
Summerset's 4Q sales slip; 2018 build target met
Thursday, 10 January 2019, 2:31 pm | BusinessDesk
Jan. 10 (BusinessDesk) - Summerset Group's fourth quarter new sales were down 5.4 percent on a year earlier but it met its 2018 target to build 450 new retirement units. More >>
NZ dollar firms as trade talks, FOMC support global outlook
Thursday, 10 January 2019, 12:19 pm | BusinessDesk
Jan. 10 (BusinessDesk) - The New Zealand dollar rose as minutes from the Federal Reserve’s last rate-setting meeting and the conclusion of US-China trade talks left investors more confident about the global growth outlook. More >>
MARKET CLOSE: NZ shares gain as trade fears ease
Wednesday, 9 January 2019, 8:49 pm | BusinessDesk
Jan. 9 (BusinessDesk) - New Zealand shares gained, supported by growing optimism that the US and China can reach a trade deal. A2 Milk benefited from the lift in sentiment. More >>
NZ dollar gains amid rising optimism for US-China trade pact
Wednesday, 9 January 2019, 8:31 pm | BusinessDesk
Jan. 9 (BusinessDesk) - Financial markets have taken the fact that the US-China trade talks in Beijing carried on into a third unscheduled day as a positive, boosting the fortunes of riskier assets including the New Zealand dollar. More >>
Fonterra announces sale of Farm Source livestock division
Wednesday, 9 January 2019, 8:30 pm | BusinessDesk
Jan. 9 (BusinessDesk) - Dairy cooperative Fonterra is selling its Farm Source division to Carrfields Livestock – a livestock agency provider - as it reviews all aspects of its business. More >>
World Bank sees "Darkening Skies" in 2019
Wednesday, 9 January 2019, 8:29 pm | BusinessDesk
Jan. 9 (BusinessDesk) - The World Bank is predicting global growth will slow this year due to headwinds that include tightening financing conditions, moderating industrial production and intensifying trade tensions. More >>
NZ commodity price slide slowed in December - ANZ
Wednesday, 9 January 2019, 8:29 pm | BusinessDesk
Jan. 9 (BusinessDesk) - New Zealand commodity prices fell for a seventh straight month in December, with gains in log, beef and lamb prices not enough to offset weaker dairy returns, ANZ Bank’s monthly commodity price index shows. More >>
NZX December trading activity busier; value fell
Wednesday, 9 January 2019, 2:30 pm | BusinessDesk
Jan. 9 (BusinessDesk) - NZX trading activity lifted in December but the value dipped on the year as the stock market operator's efforts to drive more activity led to smaller transactions. More >>
Fletcher's Three Kings quarry may be for sale for $150m
Wednesday, 9 January 2019, 12:40 pm | BusinessDesk
Jan. 9 (BusinessDesk) - Fletcher Building has confirmed it is receiving both “solicited and unsolicited” bids for its Three Kings quarry development, in response to rumours that it may be looking to sell the Auckland site for $150 million More >>
NZ dollar weakens as USD boosted by China progress
Wednesday, 9 January 2019, 12:20 pm | BusinessDesk
Jan. 9 (BusinessDesk) - The New Zealand dollar weakened against the US dollar amid signs of progress at US-China trade talks in Beijing. More >>
MARKET CLOSE: NZ shares get further lift
Tuesday, 8 January 2019, 8:51 pm | BusinessDesk
Jan. 8 (BusinessDesk) - New Zealand shares rose as investors continued to be cheered by positive markets offshore and expectations for progress in trade talks between the US and China. Pushpay continued to rise. More >>
NZ dollar hovers near top of recent range as hopes rise
Tuesday, 8 January 2019, 8:31 pm | BusinessDesk
Jan. 8 (BusinessDesk) - The New Zealand dollar is treading water near the top of its recent range on speculation the US Federal Reserve will either slow down or pause further rate hikes and hopes for a positive outcome to United States-China trade ... More >>
New vehicle demand expected to soften after record 2018
Tuesday, 8 January 2019, 5:10 pm | BusinessDesk
Jan. 8 (BusinessDesk) - New Zealand new vehicle registrations hit a record in 2018 for the fifth year in a row but the market is now expected to soften, the Motor Industry Association said. More >>
Vital trustee's fees highlight manager's gravy train
Tuesday, 8 January 2019, 3:15 pm | BusinessDesk
Jan. 8 (BusinessDesk) - Management fees charged to Vital Healthcare Property Trust are not only out of whack with market norms, they’re also at odds with the way its own trustee’s fees are structured. More >>
NZD holds gains; investors await Trump's speech, China talks
Tuesday, 8 January 2019, 12:46 pm | BusinessDesk
Jan. 8 (BusinessDesk) - The New Zealand dollar held its recent gains as investors await the outcome of US-China trade talks and next installment in the three-week shutdown of the Federal government in the US. More >>
MARKET CLOSE: NZ shares rise as bargain hunters move
Monday, 7 January 2019, 10:08 pm | BusinessDesk
Jan. 7 (BusinessDesk) - New Zealand shares rose as improving risk appetite in the wake of strong US jobs data and a note of caution from the US Federal Reserve sparked bargain-hunting in stocks like Kathmandu, Synlait Milk and A2 Milk. More >>
NZ dollar settles within a range on soothing developments
Monday, 7 January 2019, 8:35 pm | BusinessDesk
Jan. 7 (BusinessDesk) - The New Zealand dollar is back to range-trading after a number of calming influences lifted it from last week’s lows. More >>
AsureQuality extends Bureau Veritas partnership to SE Asia
Monday, 7 January 2019, 7:07 pm | BusinessDesk
Jan. 7 (BusinessDesk) - Food testing and biosecurity specialist AsureQuality is extending its partnership with Bureau Veritas into South-East Asia to benefit from the region’s rapid growth. More >>
Barfoot: first annual median house price fall in a decade
Monday, 7 January 2019, 2:36 pm | BusinessDesk
Jan. 7 (BusinessDesk) - Barfoot & Thompson says the tide is turning towards a buyers’ market for Auckland housing. More >>
