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Businesswire - Latest News [Page 103]
While you were sleeping: Down and then up
Tuesday, 20 April 2010, 8:07 am | Businesswire
April 20 (Business Wire) - Shares generally fell in Europe and while they opened lower in New York, investors pushed prices higher as they shifted their attention to the prospect of better quarterly results from companies this week. More >>
No binding spending caps in Budget, says Key
Monday, 19 April 2010, 8:34 pm | Businesswire
by Pattrick Smellie April 19 (BusinessWire) - Prime Minister John Key has dashed the New Zealand Business Roundtable's hopes that the Budget would include a fixed cap on government spending. More >>
MARKET CLOSE: NZ shares drop after Goldman charges
Monday, 19 April 2010, 5:57 pm | Businesswire
April 19 (BusinessWire) – New Zealand shares fell, joining a global selloff as fraud charges against Goldman Sachs Group rattled financial markets and spurred some investors to take profits on equities. Nuplex Industries led the decline. More >>
Govt actuary imposes new conditions on Huljich
Monday, 19 April 2010, 3:17 pm | Businesswire
April 19 (BusinessWire) – New Zealand’s Government Actuary has imposed greater disclosure requirement on the Huljich KiwiSaver Scheme after an investigation. More >>
NZ Dollar Outlook: Goldman Sachs overshadows CPI
Monday, 19 April 2010, 12:28 pm | Businesswire
by Paul McBeth April 19 (BusinessWire) – The New Zealand dollar will be at the whim of equity markets this week as traders wait on the fall-out from the fraud charges levelled at investment bank Goldman Sachs Group, rather than tomorrow’s local consumer ... More >>
NZ services sector on a tear on sales, new orders
Monday, 19 April 2010, 11:25 am | Businesswire
April 19 (BusinessWire) – New Zealand’s services sector accelerated last month, driven by sales and new orders, heralding stronger economic growth through the remainder of 2010. More >>
Property for Industry posts steady 1Q profit
Monday, 19 April 2010, 10:21 am | Businesswire
April 19 (BusinessWire) - Property for Industry, which has a portfolio of 55 industrial properties, reported little-changed first-half profit as rentals rose and the company took one-time adjustments for a drop in the value of interest rate swaps. More >>
NZ dollar sinks; Goldman Sachs charges hurt stocks
Monday, 19 April 2010, 9:44 am | Businesswire
April 19 (BusinessWire) – The New Zealand dollar sank below 71 U.S. cents after stocks on Wall Street declined on the move by the U.S. Securities and Exchange Commission to charge investment bank Goldman Sachs Group with fraud. More >>
Stocks to watch: Cavotec, MCK, NZO, PFI, RBD, TEL
Monday, 19 April 2010, 9:38 am | Businesswire
April 19 (BusinessWire) – The following stocks may be active on the New Zealand exchange after developments since the close of trading yesterday. All prices are in New Zealand dollars unless specified. More >>
NZ has 5-year window to improve farming: KPMG
Monday, 19 April 2010, 7:12 am | Businesswire
April 19 (BusinessWire) – New Zealand has as little as five years to shift to a high-value producer of farm products from a lowest-cost producer before South America, Africa, Asia and Eastern Europe scale up production enough to undercut prices of ... More >>
NZ inflation probably sped up in 1Q on fuel, food
Monday, 19 April 2010, 7:08 am | Businesswire
April 19 (BusinessWire) – New Zealand inflation accelerated in the first quarter, figures this week are expected to show, with a sharper increase in prices than the Reserve Bank projected last month. More >>
World Week Ahead: Volatility makes a return
Monday, 19 April 2010, 5:43 am | Businesswire
April 19 (Business Wire) - It’s back and complex financial products are at the centre of the biggest challenge yet to the global equities rally. More >>
Our Man in Bangkok: Of Watermelon Soldiers
Sunday, 18 April 2010, 1:54 pm | Businesswire
by Justin Barnett Thailand has always been a land of fascinating paradox. The long serving promotion slogan of the Tourism Authority of Thailand – “Amazing Thailand” - has survived for so long for good reason. Every day something happens to confirm ... More >>
SMELLIE SNIFFS THE BREEZE: Grinding on
Friday, 16 April 2010, 6:59 pm | Businesswire
When was the last time you bought yourself something nice? Too long ago, according to the latest retail sales statistics. February's retail sales were "dire", said one bank economist. They certainly punched another big hole in any idea that ... More >>
MARKET CLOSE: NZ shares retreat from 18-month high
Friday, 16 April 2010, 5:52 pm | Businesswire
April 16 (BusinessWire) – New Zealand shares declined, with the NZX 50 Index retreating from an 18-month high on perceptions valuations are now fulsome. New Zealand Oil & Gas dropped on signs a part-owned well may come up dry. More >>
NZOG sinks amid early signs that Hoki-1 looks dry
Friday, 16 April 2010, 5:17 pm | Businesswire
by Pattrick Smellie April 16 (BusinessWire) - New Zealand Oil & Gas Ltd. shares have fallen this afternoon on notification that the Hoki-1 well has entered the target zone with no sign of hydrocarbons. More >>
Ruling may limit overseas reach of Commerce Act
Friday, 16 April 2010, 3:34 pm | Businesswire
April 16 (BusinessWire) – A Supreme Court ruling to let an Australian businessman appeal his involvement in a cartel case may limit the Commerce Commission’s ability to chase executives overseas. More >>
Telecom NZ credit rating cut to A- by Fitch
Friday, 16 April 2010, 3:26 pm | Businesswire
April 16 (BusinessWire) – Telecom Corp.’s credit rating was cut one notch to A-by Fitch Ratings after New Zealand’s biggest phone company cut its guidance for earnings over the next three years while forecasting an increase in capital spending. More >>
Skellerup’s Stewart quits after 18 years as chief
Friday, 16 April 2010, 11:50 am | Businesswire
April 16 (BusinessWire) - Skellerup Holdings Ltd., the agricultural and rubber goods manufacturer, said managing director Donald Stewart will leave after 18 years in the job. The company is searching for a replacement. More >>
NZ home sales creep up in March, still subdued
Friday, 16 April 2010, 11:02 am | Businesswire
April 16 (BusinessWire) – Total residential sales crept up last month from February, though the pace of the recovery is still subdued, according to the latest Real Estate Institute of New Zealand data. More >>
