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 1276]
AMP Capital still sees value in local stocks after 13% gain
Monday, 15 October 2012, 4:04 pm | BusinessDesk
AMP Capital still sees value in local stocks after 13 percent surge in September quarter More >>
MRP sale faces discount risk as Key ends talks with Maori
Monday, 15 October 2012, 3:48 pm | BusinessDesk
Oct. 15 (BusinessDesk) - The government will sell Mighty River Power shares in the first half of 2013 though its inability to pin down Maori over water rights has left financial markets warning of a discount if investors can’t quantify Treaty of Waitangi ... More >>
Haier bid for F and P Appliances too low for AMP Capital
Monday, 15 October 2012, 3:09 pm | BusinessDesk
Oct. 15 (BusinessDesk) -Chinese manufacturer Haier's bid to take control of whiteware maker Fisher & Paykel Appliances is too low and it wants to be paid full value for its stake, according to a local fund manager. More >>
NZ Dollar Outlook: Kiwi may fall as CPI looms, eyes on China
Monday, 15 October 2012, 12:32 pm | BusinessDesk
Oct 15 (BusinessDesk) - The New Zealand may fall this week with inflation figures expected to confirm there is little pressure on the Reserve Bank to raise interest rates and signs growth in the world's second largest economy, China, is slowing. More >>
MIDDAY UPDATE: NZ service sector contracts
Monday, 15 October 2012, 11:51 am | BusinessDesk
Oct. 15 (BusinessDesk) - New Zealand's service sector contracted for the first time since July 2010 last month, with the latest survey pointing to a slowing of economic growth in the second half of the year. New orders and sales led the decline. More >>
NZ service sector contracts for the first time since 2010
Monday, 15 October 2012, 11:42 am | BusinessDesk
Oct. 15 (BusinessDesk) - New Zealand's service sector contracted for the first time since July 2010 last month, with the latest survey pointing to a slowing of economic growth in the second half of the year. New orders and sales led the decline. More >>
NZ annual inflation probably picked up pace to 1.1% in 3Q
Monday, 15 October 2012, 11:02 am | BusinessDesk
NZ annual inflation probably picked up pace to 1.1% in 3Q, driven by food, rates More >>
Blis K12 probiotic to get ruff ruff test in dogs
Monday, 15 October 2012, 10:31 am | BusinessDesk
Oct. 15 (BusinessDesk) – Blis Technologies' K12 oral health probiotic proven to crowd out ‘bad’ bacteria in humans is to be tested as a treatment for dog bad breath. More >>
GuocoLeisure hotel revenue boosted by Olympics, Bass Strait
Monday, 15 October 2012, 9:38 am | BusinessDesk
Oct. 15 (BusinessDesk) - GuocoLeisure posted an 8 percent gain in sales last quarter, helped by increased London hotel revenue during the Olympic Games, though a drop in the Bass Strait oil and gas royalty meant profit in the period fell 3.7 percent. More >>
NZ dollar rises as Chinese exports beat estimates
Monday, 15 October 2012, 8:39 am | BusinessDesk
Oct. 15 (BusinessDesk) - The New Zealand dollar gained after exports to China, the country's second-biggest trading partner, rose at the fastest pace in three months in September, easing concerns that the global economy is heading for another worldwide ... More >>
World Week Ahead: Eyes peeled on US earnings
Monday, 15 October 2012, 6:45 am | BusinessDesk
Oct. 15 (BusinessDesk) – The central bank-induced highs of September have given way to concern about the depressed outlook for corporate earnings and the global economy. More >>
MARKET CLOSE NZ shares edge higher as Asian stocks advance
Friday, 12 October 2012, 5:40 pm | BusinessDesk
Oct 12 (BusinessDesk) - New Zealand shares rose, snapping three declines, as stocks advanced across Asia after Singapore's central bank backed away from monetary stimulus in the face of rising inflation and a slowing economy. More >>
MONEY TALKS: Moa's mad men need to sober up
Friday, 12 October 2012, 5:29 pm | BusinessDesk
It's also mounting the first initial public offering of the year, so it was with a fair amount of excitement that I rushed to have a look at their investment statement and prospectus when they hit the public stands. More >>
NZD rises as US trade deficit widens; Singapore holds fire
Friday, 12 October 2012, 5:14 pm | BusinessDesk
Oct 12 (BusinessDesk) - The New Zealand dollar rose after Singapore unexpectedly refrained from monetary stimulus and the US trade deficit in August widened as slower global growth reduced demand for exports. More >>
NZRU gets into bed with insurer AIG in major sponsorship
Friday, 12 October 2012, 5:01 pm | BusinessDesk
Oct. 12 (BusinessDesk) - The New Zealand Rugby Union has signed AIG in a major sponsorship deal that gives the American insurer's logo prime position on the All Blacks' jersey. More >>
From the Farm: Trading away the winter blues
Friday, 12 October 2012, 2:10 pm | BusinessDesk
In between checking international prices for whatever you produce, watching the level of the kiwi dollar trailing away, and doing some real work, you might not have noticed the latest development in a big regional trade deal known as the Trans-Pacific Partnership. More >>
Opposition parties launch their own inquiry into job losses
Friday, 12 October 2012, 1:42 pm | BusinessDesk
Oct. 12 (BusinessDesk) – Opposition parties meeting today to publicise the issue of job losses have announced a parliamentary inquiry. More >>
CORRECT: Raunchy Moa prospectus's paid ads a 'world first'
Friday, 12 October 2012, 1:41 pm | BusinessDesk
Oct. 12 (BusinessDesk) - The inclusion in a prospectus of paid advertising for luxury cars, shotguns, scented candles and Working Style suits is thought to be a "world first" by Moa director and brand guru Geoff Ross. More >>
Stiassny joins Tower board as questions linger over strategy
Friday, 12 October 2012, 12:36 pm | BusinessDesk
Oct. 12 (BusinessDesk) – Receivership specialist Michael Stiassny is joining the board of insurer Tower at a time when its ownership and strategy is a moveable feast due to the breakup of shareholder Guinness Peat Group. More >>
MIDDAY UPDATE: Low take-up of govt leaky homes package
Friday, 12 October 2012, 12:01 pm | BusinessDesk
Oct. 12 (BusinessDesk) – The government’s helping hand to owners of leaky homes is being shunned which helped improve the government’s accounts to the tune of $408 million in the latest financial year. More >>
