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Businesswire - Latest News [Page 113]
'Great unwinding' key to global recovery: AXA GI
Tuesday, 23 March 2010, 1:28 pm | Businesswire
March 23 (BusinessWire) – As the global economic recovery continues to gather momentum the next task is the management of the “Great Unwinding,” where governments and central banks ease off on support measures put in place during the worst global recession ... More >>
Warehouse lures investors with 5-year bonds
Tuesday, 23 March 2010, 11:55 am | Businesswire
Warehouse lures investors with 5-year bonds paying at least 7.3%, squeezing out public pool More >>
Real wages set to fall amid rising prices, jobless
Tuesday, 23 March 2010, 10:53 am | Businesswire
March 23 (BusinessWire) – Real wages are set to fall over the coming year as rising prices and extended unemployment keep the labour market subdued, economists say. More >>
Bollard manages expectations on extent of hikes
Tuesday, 23 March 2010, 10:46 am | Businesswire
Bollard has to manage expectations on extent rather than timing of rate hikes, says Axa More >>
Hubbard says SCF may have to raise more capital
Tuesday, 23 March 2010, 10:40 am | Businesswire
March 23 (BusinessWire) – South Canterbury Finance, which is awaiting word on whether it has been accepted into the Extended Retail Deposit Guarantee scheme, may have to raise more capital and sell non-core assets, according to owner Allan Hubbard. More >>
NZ dollar pares drop; US health plan lifts stocks
Tuesday, 23 March 2010, 9:21 am | Businesswire
March 23 (BusinessWire) – The New Zealand dollar pared its losses as U.S. President Barack Obama’s healthcare plan stoked investors’ appetite for higher yielding, or riskier, assets after Congress passed the legislation and gave a vote of confidence ... More >>
Stocks to watch: Air NZ, AIA, NZO, NWF, WHS
Tuesday, 23 March 2010, 9:11 am | Businesswire
March 23 (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 >>
While you were sleeping: U.S. stocks move ahead
Tuesday, 23 March 2010, 8:12 am | Businesswire
March 23 (Business Wire) - Investor optimism returned in the U.S. after the passage of a healthcare reform bill, which eased concerns about some corporate profits, putting the brakes on concerns in Europe. More >>
Power speeds up accounting rule monitor
Monday, 22 March 2010, 6:09 pm | Businesswire
March 22 (BusinessWire) – Commerce Minister Simon Power has announced he will fast-track legislation to bring in a new monitor for accounting and auditing standards. More >>
MARKET CLOSE: NZ shares mixed; PRC falls, TEL up
Monday, 22 March 2010, 5:50 pm | Businesswire
March 22 (BusinessWire) – New Zealand shares were mixed, with Pike River Coal and New Zealand Oil & Gas weakening as India’s surprise interest rate hike weighed on commodity prices. Telecom Corp. lifted from its lowest level since the early 1990s. More >>
UPDATE: AIA welcomes more international passengers
Monday, 22 March 2010, 5:12 pm | Businesswire
March 22 (BusinessWire) – Auckland International Airport Ltd., the country’s largest gateway, greeted more international visitors last month, especially from China and Hong Kong, a sign that air travel may be reviving as the global economy ... More >>
Auckland Airport has more international visitors
Monday, 22 March 2010, 4:08 pm | Businesswire
March 22 (BusinessWire) – Auckland International Airport Ltd., the country’s largest gateway, greeted more international visitors last month, especially from China and Hong Kong, a sign that air travel may be reviving as the global economy ... More >>
NZ govt proposes mining in Coromandel, West Coast
Monday, 22 March 2010, 3:47 pm | Businesswire
22 March (BusinessWire) - A government stocktake of New Zealand’s mineral resources is recommending removing up to 16 areas of protected conservation land to allow mining for minerals which, excluding oil and gas, are estimated to be worth nearly $200 ... More >>
NZ Windfarms CEO won’t renew contract
Monday, 22 March 2010, 3:45 pm | Businesswire
March 22 (BusinessWire) - New Zealand Windfarms Ltd., which wants to raise more than its market capitalisation in a discounted share issue to ensure survival, said chief executive Steve Cross is to leave the company. More >>
NZ Dollar Outlook: Speeding economy may limit dips
Monday, 22 March 2010, 1:53 pm | Businesswire
March 22 (BusinessWire) – The New Zealand dollar may be supported this week by data expected to show the domestic economy grew at its fastest pace in two years, limiting the currency’s dips below 70 U.S. cents. More >>
Auckland City’s new 5-year bonds to pay 6.28% p.a.
Monday, 22 March 2010, 12:36 pm | Businesswire
March 22 (BusinessWire) – Auckland City Council set the coupon on its five-year bonds at 6.28%, just 3 basis points above the minimum rate it offered when the bonds were sold. More >>
Bolger’s KiwiRail chairmanship up in the air
Monday, 22 March 2010, 12:26 pm | Businesswire
March 22 (BusinessWire) - Former Prime Minister Jim Bolger’s role heading up state-owned rail company KiwiRail, is up in the air after Transport Minister Steven Joyce said the board faced possible “refreshing.” More >>
Stocks to watch: Cavalier, Kathmandu, NWF, TEL
Monday, 22 March 2010, 9:27 am | Businesswire
March 22 (BusinessWire) – The following stocks may be active on the New Zealand exchange after developments since the close of trading last week. All prices are in New Zealand dollars unless specified. More >>
NZ dollar slips below 71 cts as India hikes
Monday, 22 March 2010, 9:20 am | Businesswire
March 22 (BusinessWire) – The New Zealand dollar fell below 71 U.S. cents for the first time in a week as investors’ appetite for higher yields was sapped by the prospect of tighter monetary policy in emerging nations after India’s central bank ... More >>
NZ economy probably accelerated on restocking
Monday, 22 March 2010, 7:47 am | Businesswire
March 21 (BusinessWire) – New Zealand’s economy probably accelerated in the fourth quarter as firms began building up stock levels depleted through the recession, helping fuel a revival in manufacturing. More >>
