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Businesswire - Latest News [Page 135]
NZ dollar rises to 4-wk high vs Australian dollar
Wednesday, 3 February 2010, 10:03 am | Businesswire
NZ dollar rises to 4-wk high vs Australian dollar as RBA keeps rates unchanged More >>
Stocks to watch: AMP Office, Auckland Airport, NZS
Wednesday, 3 February 2010, 9:29 am | Businesswire
Feb. 3 (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 >>
UPDATE: Fonterra milk powder falls for 2nd month
Wednesday, 3 February 2010, 9:01 am | Businesswire
Feb. 3 (BusinessWire) – The price of whole milk powder fell for a second month in Fonterra Cooperative Group’s online trading auction amid expectations of increased output from northern hemisphere producers. More >>
Fonterra milk powder prices fall for second month
Wednesday, 3 February 2010, 8:02 am | Businesswire
Feb. 3 (BusinessWire) - The price of whole milk powder fell for a second month in Fonterra Cooperative Group’s online trading auction amid expectations of increased output from northern hemisphere producers. More >>
While you were sleeping: Global stocks fundamentally good
Wednesday, 3 February 2010, 6:22 am | Businesswire
Feb. 3 (BusinessWire) - Shares extended gains as bets that the global economy was strengthening bolstered metal prices and more U.S. companies reported better than expected quarterly earnings. More >>
MARKET CLOSE: NZ shares fall, led by PPP; AIA up
Tuesday, 2 February 2010, 5:59 pm | Businesswire
Feb. 2 (BusinessWire) – New Zealand shares fell, missing a rally across Asia fueled by strong U.S. manufacturing data, as Pan Pacific Petroleum dropped to a nine-month low and Telecom Corp. dipped after offering free credits to customers on its XT network. More >>
RBA leaves key rate on hold; currency tumbles
Tuesday, 2 February 2010, 5:07 pm | Businesswire
Feb. 2 (BusinessWire) – The Reserve Bank of Australia unexpectedly left its benchmark interest rate unchanged at 3.75%, saying lenders had raised rates more than the cash rate in recent months and it wants more time to assess the impact. More >>
Fonterra milking Chinese demand
Tuesday, 2 February 2010, 4:23 pm | Businesswire
Feb. 2 (BusinessWire) – Fonterra Cooperative Group, the world’s largest exporter of dairy products, is increasing its Chinese production base with an investment in two new dairy farms in the north east of the country. More >>
Telecom offers $5 mln in credits for XT customers
Tuesday, 2 February 2010, 3:50 pm | Businesswire
Feb. 2 (BusinessWire) –Telecom Corp., the country’s largest phone company, said it would extend $5 million of free calls, Internet and messaging in compensation for customers affected by the outage on its XT network last week. More >>
English sets May 20 for budget, tax reform
Tuesday, 2 February 2010, 3:46 pm | Businesswire
Feb. 2 (BusinessWire) – Finance Minister Bill English has set the date for the budget at May 20 and said tax reforms will “definitely” be included. More >>
Kiwi investors appetite for risk grows: FundSource
Tuesday, 2 February 2010, 2:53 pm | Businesswire
Feb. 2 (BusinessWire) – Kiwi investors are exhibiting a greater appetite for managed, higher-risk funds according to FundSource’s report on 2009’s final quarter investments. More >>
Auckland Airport stock gains after capital raising
Tuesday, 2 February 2010, 1:37 pm | Businesswire
Feb. 2 (BusinessWire) – Shares of Auckland International Airport Ltd., New Zealand’s busiest, gained after the company completed its $126 million equity raising, a sign that initial concern over its Queensland investment has abated. More >>
NZ full-time employment rises, wage growth slows
Tuesday, 2 February 2010, 11:51 am | Businesswire
Feb. 2 (BusinssWire) – The number of people in full-time employment grew for the first time in 12 months amid the slowest annual wage growth since 2001, as the impact of the worst recession in 18 years continues to lean on the labour market. More >>
Former ASB banker admits $18M theft from clients
Tuesday, 2 February 2010, 11:27 am | Businesswire
Feb. 2 (BusinessWire) – A former investment banker has today admitted in the Auckland District Court to taking nearly $18 million from 30 wealthy ASB clients over a nine-year period. More >>
Kiwi dollar’s strength wipes out meat price gains
Tuesday, 2 February 2010, 11:25 am | Businesswire
Feb. 2 (BusinessWire) – The country’s sheep and beef farmers can expect a tougher year than last season as a strong New Zealand dollar and on-farm capital stock rebuilding decrease returns in a global market recovering from recession. More >>
NZX trading volume picked in January, value ebbed
Tuesday, 2 February 2010, 10:14 am | Businesswire
Feb. 2 (BusinessWire) – Trading on NZX Ltd.’s markets picked up last month, suggesting New Zealand’s emergence from recession has stoked sentiment, though the value of trade eased. More >>
NZ dollar gains on upbeat US, European data
Tuesday, 2 February 2010, 9:29 am | Businesswire
Feb. 2 (BusinessWire) – The New Zealand dollar gained as American and European manufacturing data beat expectations and stoked investors’ appetite for higher yields, while the market prepares for Australia’s central bank to review its benchmark ... More >>
Stocks to watch: Hallenstein, IFT, RNS, TTK, TEL
Tuesday, 2 February 2010, 9:23 am | Businesswire
Feb. 2 (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: Manufacturers shifted gears
Tuesday, 2 February 2010, 7:07 am | Businesswire
Feb. 1 (BusinessWire) - Shares in Europe and on Wall Street advanced after reports in China, Europe and the U.S. indicated that the global manufacturing sector was rebounding. More >>
Hydro Developments gains consents for Stockton
Monday, 1 February 2010, 6:18 pm | Businesswire
Feb. 1 (BusinessWire) - An innovative hydro scheme to generate electricity while dealing with historic mine leachates from the West Coast's Stockton plateau has been granted resource consents which could add between 20MW and 50MW of electricity generation ... More >>
