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 481]
Investors look to book profits from surging greenback
Friday, 30 December 2016, 1:18 pm | BusinessDesk
Dec. 30 (BusinessDesk) - The New Zealand dollar gained as investors looked to take advantage of an 8.2 percent gain in the greenback over the past quarter, booking profits and squaring up their books heading into 2017. More >>
While you were sleeping: Stocks, oil, dollar slip
Friday, 30 December 2016, 11:00 am | BusinessDesk
Dec. 30 (BusinessDesk) - Equities, oil and the US dollar weakened as investors took some profits in year-end trading. More >>
NZ dollar ripe for profit-taking, dips on quake
Friday, 30 December 2016, 10:58 am | BusinessDesk
Dec. 29 (BusinessDesk) - The New Zealand dollar was little changed against the greenback as uncertainty about US president-elect Donald Trump's incoming administration has investors wary about what the new year will bring. More >>
MARKET CLOSE: NZ shares rise on 'random order flow'
Friday, 30 December 2016, 10:57 am | BusinessDesk
Dec. 29 (BusinessDesk) - New Zealand shares rose on light volume, with A2 Milk Co, Z Energy and Air New Zealand all gaining, while Freightways dropped. More >>
While you were sleeping: Stocks, oil, dollar slip
Friday, 30 December 2016, 7:42 am | BusinessDesk
Dec. 30 (BusinessDesk) - Equities, oil and the US dollar weakened as investors took some profits in year-end trading. More >>
Wgtn's Habitual Fix on Featherston liquidated
Thursday, 29 December 2016, 4:55 pm | BusinessDesk
Dec. 29 (BusinessDesk) - Wellington's Habitual Fix on Featherston Street has been placed into liquidation after seeing a significant drop in turnover following November's earthquakes, with the government's business support package not applicable as it's ... More >>
Politicians split on extra test for dumping penalties
Thursday, 29 December 2016, 3:42 pm | BusinessDesk
Dec. 29 (BusinessDesk) - Parliament's commerce select committee was split on a bill which seeks to introduce an additional test before anti-dumping penalties can be imposed, with opposition MPs opposed, in the run-up to a formal investigation into ... More >>
Bapcor closes in on control of Hellaby
Thursday, 29 December 2016, 1:25 pm | BusinessDesk
Dec. 29 (BusinessDesk) - ASX-listed auto-parts company Bapcor is creeping closer to control of Hellaby Holdings, building a 47.5 percent stake according to its latest disclosure this morning. More >>
Reports of weakening Chinese yuan weigh on Australia
Thursday, 29 December 2016, 12:11 pm | BusinessDesk
Dec. 29 (BusinessDesk) - The New Zealand dollar gained against its trans-Tasman counterpart as reports of a depreciating Chinese yuan weighed on investors' outlook for the Australian economy. More >>
While you were sleeping: Oil, dollar advance
Thursday, 29 December 2016, 9:48 am | BusinessDesk
Dec. 29 (BusinessDesk) - Wall Street weakened, retreating from near-record highs, while oil and the US dollar moved higher in subdued year-end trading. More >>
MARKET CLOSE: NZ shares dip in holiday trading
Thursday, 29 December 2016, 9:46 am | BusinessDesk
MARKET CLOSE: NZ shares dip in holiday trading; Ryman, Kathmandu fall while Sky TV, Kiwi Property gain More >>
NZ dollar gains vs. AUD as slowing Chinese growth weighs
Thursday, 29 December 2016, 9:43 am | BusinessDesk
Dec. 28 (BusinessDesk) - The New Zealand dollar gained against its trans-Tasman counterpart as the prospect of a slowing Chinese economy weigh more heavily on the trade prospects for Australia. More >>
While you were sleeping: Oil, dollar advance
Thursday, 29 December 2016, 7:18 am | BusinessDesk
Dec. 29 (BusinessDesk) - Wall Street weakened, retreating from near-record highs, while oil and the US dollar moved higher in subdued year-end trading. More >>
No further sanctions planned for NZ, Israeli embassy says
Wednesday, 28 December 2016, 2:42 pm | BusinessDesk
Dec. 28 (BusinessDesk) - Israel's administration doesn't have any more sanctions planned for New Zealand after recalling ambassador Itzhak Gerberg and blocking NZ's ambassador from travelling to the Middle Eastern nation. More >>
Pumpkin Patch owes $59.5 million to ANZ
Wednesday, 28 December 2016, 1:35 pm | BusinessDesk
Dec. 28 (BusinessDesk) - Pumpkin Patch owes $59.5 million to its bank and at least $6.6 million to other creditors, receivers KordaMentha said in their first report on the failed children's clothing retailer. More >>
Weak NZ wool market stokes demand for storage
Wednesday, 28 December 2016, 1:31 pm | BusinessDesk
Dec. 28 (BusinessDesk) - As New Zealand heads into its main wool production season, weak overseas demand for the fibre is likely to see the country’s stockpiles rise to the highest level since the Global Financial Crisis eight years ago. More >>
Australia's VET student loan transition period
Wednesday, 28 December 2016, 1:28 pm | BusinessDesk
Dec. 28 (BusinessDesk) - Intueri Education Group's Australian Conwal & Associates unit has been rejected from provisional entry to the VET student loan scheme transition period, a week after having its application for a hike in funding turned down. More >>
NZ dollar little changed through Christmas
Wednesday, 28 December 2016, 12:49 pm | BusinessDesk
Dec. 28 (BusinessDesk) - The New Zealand dollar was little changed through the Christmas holiday period as investors continued to rally behind the greenback on the expectation of rising US interest rates. More >>
While you were sleeping: Nasdaq climbs to record
Wednesday, 28 December 2016, 9:44 am | BusinessDesk
Dec. 28 (BusinessDesk) - Wall Street gained, pushing the Nasdaq to a record high, while oil prices also moved higher ahead of planned production cuts. More >>
While you were sleeping: Nasdaq climbs to record
Wednesday, 28 December 2016, 6:50 am | BusinessDesk
Dec. 28 (BusinessDesk) - Wall Street gained, pushing the Nasdaq to a record high, while oil prices also moved higher ahead of planned production cuts. More >>
