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Businesswire - Latest News [Page 13]
EEZ Bill now less clear on environment vs. economy
Wednesday, 23 May 2012, 7:59 am | Businesswire
May 23 (BusinessDesk) - Amendments to the controversial legislation regulating New Zealand's vast offshore exclusive economic zone is less clear about how to balance environmental and economic interests than before it went to public hearings, law ... More >>
NZ dollar rallies almost 1 US cent ahead of EU meeting
Tuesday, 22 May 2012, 8:28 am | Businesswire
May 22 (BusinessDesk) - The New Zealand dollar rallied almost 1 US cent as investors digested the Group of Eight leaders pledge to support growth policies in the euro zone, ahead of European Union's Wednesday meeting. More >>
World Week Ahead: EU rattles the globe
Monday, 21 May 2012, 6:57 am | Businesswire
World Week Ahead: EU rattles the globe By Margreet Dietz May 21 (BusinessDesk) - Not even Facebook, the most anticipated initial public offering in the last year, could dodge the virus known as the euro debt crisis and there’s no sign yet of ... More >>
Dairy product prices drop to 3-yr low in Fonterra’s GDT sale
Wednesday, 16 May 2012, 6:49 am | Businesswire
May 16 (BusinessDesk) – Prices of dairy products fell for the third straight sale in Fonterra Cooperative Group’s GlobalDairyTrade auction, reaching a new three-year low as China’s slowdown and euro-zone uncertainty weighed on commodities. More >>
NZ dollar falls to 5-month low in face of Greek impasse
Tuesday, 15 May 2012, 8:37 am | Businesswire
May 15 (BusinessDesk) - The New Zealand dollar fell to a five-month low as Greek politicians struggled to form a new government, heightening speculation the nation may leave the euro region and sapping investors’ risk appetite. More >>
NZ house price expectations jump in face of low rates
Tuesday, 15 May 2012, 7:04 am | Businesswire
May 14 (BusinessDesk) – New Zealand house price expectations have jumped in the face low borrowing costs and a supply shortage, according to an ASB survey. More >>
World Week Ahead: The Greek dance continues
Monday, 14 May 2012, 7:18 am | Businesswire
World Week Ahead: The Greek dance continues By Margreet Dietz May 14 (BusinessDesk) - After a week of intense negotiations, it seems that the differences over the terms of the international bailout for Greece are too vast for the nation's political parties ... More >>
From the Farm: Steam comes out of kiwi
Thursday, 10 May 2012, 6:16 am | Businesswire
The Reserve Bank's latest financial stability report paints an ugly possibility for New Zealand's rural powerhouse: "the possibility that the exchange rate stays high while commodity prices fall further." The pattern over time is for the ... More >>
NZ home sales ease in April, REINZ figures show
Thursday, 10 May 2012, 6:11 am | Businesswire
May 9 (BusinessDesk) - New Zealand housing sales eased in April, with the national medium price slipping from March's record high. More >>
Low spenders, late payers can forget credit card rewards
Monday, 7 May 2012, 6:53 am | Businesswire
May 4 (BusinessDesk) - If you fail to pay off your credit card each month or are a low spender, then chasing credit card rewards may be pointless, according to the findings of Canstar's rewards star rating survey. More >>
World Week Ahead: Focus shifts east to China
Monday, 7 May 2012, 6:48 am | Businesswire
May 7 (BusinessDesk) - Key data from China on inflation, retail and factory output this week will help investors gauge whether the performance of the world's second-largest economy can help offset lingering worries about Europe and new ones about the US. More >>
NZ dollar little changed as employment figures loom
Wednesday, 2 May 2012, 5:12 pm | Businesswire
May 2 (BusinessDesk) - The New Zealand dollar was little changed in local trading as markets prepare for employment figures to trickle out over the rest of the week, culminating in US payrolls on Friday. More >>
NZ dollar rises as US manufacturing data beats forecasts
Wednesday, 2 May 2012, 8:28 am | Businesswire
May 2 (BusinessDesk) - The New Zealand dollar rose after better-than-expected US manufacturing data reignited investors optimism that the world's largest economy is on track, boosting demand for growth-linked assets such as the kiwi. More >>
Dairy prices fall to lowest since August 2009 in GDT sale
Wednesday, 2 May 2012, 6:51 am | Businesswire
Dairy product prices fall extend slide to lowest since August 2009 in Fonterra’s GDT auction More >>
NZ dollar falls on weaker US business confidence
Tuesday, 1 May 2012, 8:32 am | Businesswire
May 1 (BusinessDesk) - The New Zealand dollar fell after business confidence in the US expanded at the slowest pace since 2009, weighing on equities and data showed Spain slipped back into a recession. More >>
Todd Capital sinks funds into WA iron ore, phosphate JV
Monday, 30 April 2012, 6:39 am | Businesswire
April 30 (BusinessDesk) – Todd Capital, the investment arm of the Todd family, has taken a 25 percent stake in a West Australian titano-magnetite iron ore development from which its 75 percent partner, Forge Resources, forecasts operating earnings ... More >>
World Week Ahead: Are they hiring?
Monday, 30 April 2012, 6:25 am | Businesswire
April 30 (BusinessDesk) - The latest clues on the state of the US jobs market will help determine the course for Wall Street as it wraps up a month where a rekindling of the euro zone's sovereign debt crisis took the shine off equities. More >>
NZ central bank should keep OCR unchanged, shadow board says
Tuesday, 24 April 2012, 6:51 am | Businesswire
April 24 (BusinessDesk) – The Reserve Bank of New Zealand should keep the official cash rate unchanged at a record low 2.5 percent this week, according to the a panel of economists, business leaders and academics. More >>
Bank profits rebound as bad debts fall; no one’s borrowing
Tuesday, 24 April 2012, 6:29 am | Businesswire
April 24 (BusinessDesk) – New Zealand bank profits rebounded strongly in 2011, mainly thanks to lower levels of bad debt since both businesses and households showed little appetite for new bank lending in a trend that could continue for some years, ... More >>
World Week Ahead: Apple earnings, Fed meeting
Monday, 23 April 2012, 7:40 am | Businesswire
World Week Ahead: Apple earnings, Fed meeting By Margreet Dietz April 23 (BusinessDesk) - It's a big week for American earnings and Apple is among those reporting. Shares of Apple, which releases its first-quarter score after the closing bell on Tuesday, ... More >>
