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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 682]
MARKET CLOSE: NZ shares rise, led by Auckland Airport
Wednesday, 30 December 2015, 5:51 pm | BusinessDesk
MARKET CLOSE: NZ shares rise, led by Auckland Airport, Z Energy; A2 falls from record More >>
NZ dollar slips from 11-wk high, seen resuming upward trend
Wednesday, 30 December 2015, 5:28 pm | BusinessDesk
Dec. 30 (BusinessDesk) - The New Zealand dollar fell from an 11-week high but is seen resuming its upward trend as the nation's relatively appealing interest rates attract investors. More >>
NZ dollar hits 11-week high after rebound in oil prices
Wednesday, 30 December 2015, 9:06 am | BusinessDesk
Dec. 30 (BusinessDesk) - The New Zealand dollar hit an 11-week high as higher oil prices boosted demand for currencies linked to commodities. More >>
While you were sleeping: Oil rebound aids stocks
Wednesday, 30 December 2015, 7:06 am | BusinessDesk
Dec. 30 (BusinessDesk) - Equities advanced on both sides of the Atlantic, while US Treasuries and German bonds declined, as battered oil prices rose. More >>
MARKET CLOSE: NZ shares rise as A2 extends rally
Tuesday, 29 December 2015, 5:52 pm | BusinessDesk
Dec. 29 (BusinessDesk) - New Zealand shares rose as A2 Milk Co extended its rally to new record, Xero and Sky Network Television advanced in a quiet market, and Ebos Group fell. More >>
NZ dollar at 6-month high on TWI basis as yields appeal
Tuesday, 29 December 2015, 5:16 pm | BusinessDesk
Dec. 29 (BusinessDesk) - The New Zealand dollar rose to a six-month high on a trade-weighted basis as the nation's relatively high yields drew investors in the quiet Christmas trading period. More >>
Clegg & Co final receivers report confirms partial payment
Tuesday, 29 December 2015, 11:05 am | BusinessDesk
Clegg & Co Finance final receivers report confirms investors got back 58.7 cents in the dollar More >>
Richfield mulls takeover offer from Brierley's Mercantile
Tuesday, 29 December 2015, 10:19 am | BusinessDesk
Dec. 29 (BusinessDesk) - Richfield International, an ASX-listed shipping firm, urged shareholders to take no action while it reviews a takeover offer from veteran corporate raider Ron Brierley's Mercantile Investment. More >>
NZ dollar touches six-month high vs British pound
Tuesday, 29 December 2015, 8:47 am | BusinessDesk
NZ dollar touches six-month high vs British pound as BoE rate hikes pushed out More >>
While you were sleeping: Oil weighs on equities
Tuesday, 29 December 2015, 7:06 am | BusinessDesk
Dec. 29 (BusinessDesk) - Wall Street moved lower with the price of oil amid concern about the global glut at a time of weakening worldwide economic growth. More >>
NZ dollar little changed in thin Christmas trading
Thursday, 24 December 2015, 6:57 pm | BusinessDesk
Dec. 24 (BusinessDesk) - The New Zealand dollar was little changed in the lead-up to the Christmas holiday, which left markets quieter than usual. More >>
Eftpos transaction record broken on Christmas Eve
Thursday, 24 December 2015, 3:31 pm | BusinessDesk
Dec. 24 (BusinessDesk) - Christmas Eve saw a record number of transactions through Paymark's Eftpos system. More >>
MARKET CLOSE: NZ shares rise to record
Thursday, 24 December 2015, 1:52 pm | BusinessDesk
Dec. 24 (BusinessDesk) - New Zealand shares rose to a new record as A2 Milk Co continued its strong rally, with Westpac Banking Corp, Meridian Energy and Sky Network Television all advancing on light trading. More >>
2 Cheap Cars to sell 10% stake in Kiwi Regional Airlines
Thursday, 24 December 2015, 11:35 am | BusinessDesk
Dec. 24 (BusinessDesk) - 2 Cheap Cars, which has built a nationwide chain of auto yards selling used imports since starting four years ago, is looking to sell its stake in Kiwi Regional Airlines, which is run by the founder of failed mid-1990s ... More >>
Vital buys Boulcott Hospital property for $30.7M
Thursday, 24 December 2015, 10:24 am | BusinessDesk
Vital buys Boulcott Hospital for $30.7 mln with Australia's Pulse a long-term tenant More >>
2015 IN REVIEW: Dairy farmers vs Auckland home owners
Thursday, 24 December 2015, 10:13 am | BusinessDesk
Dec. 24 (BusinessDesk) - For New Zealand's rock-star economy, 2015 delivered a unique set of challenges - prices of the biggest export, dairy products, fell to a six-year low, house prices in the largest city of Auckland rose to an all-time high, migrants ... More >>
While you were sleeping: Equities rise with commodities
Thursday, 24 December 2015, 7:41 am | BusinessDesk
Dec. 24 (BusinessDesk) - Wall Street gained as a recovery in raw materials including copper, zinc, aluminum and oil bolstered mining and energy stocks. More >>
MARKET CLOSE: NZ shares rise as A2 soars to record
Wednesday, 23 December 2015, 5:52 pm | BusinessDesk
MARKET CLOSE: NZ shares rise as A2 soars to record, Nuplex gains; NXZ, Kathmandu fall More >>
NZ dollar little changed ahead of Christmas break
Wednesday, 23 December 2015, 5:16 pm | BusinessDesk
Dec. 23 (BusinessDesk) - The New Zealand dollar was little changed as the looming Christmas holiday thinned out trading activity, while US and local data kept the economic outlook largely intact. More >>
Seeka upgrades profit guidance, pays $4 mln to growers
Wednesday, 23 December 2015, 4:22 pm | BusinessDesk
Dec. 23 (BusinessDesk) - Seeka Kiwifruit Industries, the largest kiwifruit grower in Australia and New Zealand, says profit for 2015 will be at the upper end of its guidance as insurance claims related to a fire at its Oakside plant are settled. More >>
