Businesswire - Latest News [Page 14]
Bets on NZ rate hikes dwindle as kiwi stays high
Monday, 23 April 2012, 7:29 am | Businesswire
April 23 (BusinessDesk) - Expectations of a hike to the official cash rate over the next 12 months have fallen to the lowest since mid-February as a high kiwi dollar and a modest economic recovery keep inflation well within the central bank's target ... More >>
NZ dollar gains; IMF lifts global forecast, Spain sells debt
Wednesday, 18 April 2012, 8:42 am | Businesswire
April 18 (BusinessDesk) – The New Zealand dollar gained after the International Monetary Fund raised its forecast for global growth and Spain drew solid demand at its debt auction, boosting equities on Wall Street and in Europe. More >>
Dairy product prices fall 9.9%, biggest drop since mid-2010
Wednesday, 18 April 2012, 7:08 am | Businesswire
Dairy product prices fall 9.9%, biggest drop since mid-2010, in Fonterra’s GDT auction More >>
World Week Ahead: US earnings, Spanish worry
Monday, 16 April 2012, 6:19 am | Businesswire
World Week Ahead: US earnings, Spanish worry By Margreet Dietz April 16 (BusinessDesk) - A big week of US first-quarter earnings might help lift the mood in coming days, though the euro zone's sovereign debt crisis is again front and centre on every investor's ... More >>
RESEND: Dairy product prices snap 3-month slide
Wednesday, 4 April 2012, 7:00 am | Businesswire
April 4 (BusinessDesk) – Prices of dairy products snapped a three-month slide in Fonterra Cooperative Group’s latest GlobalDairyTrade auction, lifting the average winning price from the lowest level since August. More >>
Dairy product prices snap 3-month slide
Wednesday, 4 April 2012, 6:57 am | Businesswire
April 4 (BusinessDesk) – Prices of dairy products snapped a three-month slide in Fonterra Cooperative Group’s latest GlobalDairyTrade auction, lifting the average winning price from the lowest level since August. More >>
Fonterra’s van der Heyden tapped for Tainui Group board
Monday, 2 April 2012, 7:10 am | Businesswire
April 2 (BusinessDesk) – Henry van der Heyden has been appointed to the board of Tainui Group Holdings, the commercial arm of the Waikato-based tribe, replacing John Spencer whose term as chairman ends on June 30. More >>
World Week Ahead: Can US data deliver?
Monday, 2 April 2012, 6:31 am | Businesswire
April 2 (BusinessDesk) - Riding high on a strong quarter, investors will be focusing this week on a flurry of data to see whether the strength of the global economy, in particular the US, warrants further gains on Wall Street and European bourses. More >>
MARKET CLOSE: NZ shares gain; Fletcher, Hallenstein rise
Monday, 26 March 2012, 6:00 pm | Businesswire
March 26 (BusinessDesk) – New Zealand shares rose amid optimism the economy will pick up pace this year, even as China changes down a gear. Fletcher Building and Hallenstein Glasson Holdings paced the advance. More >>
NZ dollar falls; traders seek clues to pace of global growth
Monday, 26 March 2012, 5:33 pm | Businesswire
March 26 (BusinessDesk) – The New Zealand dollar fell as investors await more evidence of the pace of global growth, including Chinese manufacturing and US consumer confidence and durable goods orders. More >>
Stewart family’s Masthead sells 10.2% holding in Ebos
Monday, 26 March 2012, 4:59 pm | Businesswire
March 26 (BusinessDesk) – Masthead, the investment vehicle of the Stewart family of Christchurch, sold its 10.2 percent of medical and pet supplies company Ebos Group for about $37.2 million. More >>
NZ posts trade surplus in February amid port disputes
Monday, 26 March 2012, 10:54 am | Businesswire
March 26 (BusinessDesk) – New Zealand’s trade balance was back in surplus in February, though the government statistician said weaker than expected imports and exports may have been impacted by escalating industrial action around the country. More >>
NZF trading halted again pending ‘material announcement'
Monday, 26 March 2012, 9:06 am | Businesswire
March 26 (BusinessDesk) – Trading in NZF Group shares and bonds has been halted as the company, which is under investigation by the Serious Fraud Office, prepares to make a material announcement. More >>
NZ dollar falls on global growth doubts, before trade data
Monday, 26 March 2012, 9:01 am | Businesswire
March 26 (BusinessDesk) – The New Zealand dollar fell amid doubts that global growth will pick up pace as China’s manufacturers slow their output and traders await further signs of a revival in the US economy. More >>
World Week Ahead: US economic focus
Monday, 26 March 2012, 7:12 am | Businesswire
World Week Ahead: US economic focus By Margreet Dietz March 26 (BusinessDesk) - Investors appear to be waiting for a slew of fresh clues this week on the state of the US economy to help renew, and extend, Wall Street's 2012 rally. The S&P 500, ... More >>
Paul Callaghan, scientist who resonated with public, dies
Saturday, 24 March 2012, 3:16 pm | Businesswire
March 24 (BusinessDesk) – Sir Paul Callaghan, the 2011 Kiwibank New Zealander of the Year and a man widely credited with helping science resonate with ordinary Kiwis, has died. More >>
NZ current-account deficit shrinks in 4Q on dairy exports
Wednesday, 21 March 2012, 10:48 am | Businesswire
March 21 (BusinessDesk) – New Zealand’s current-account deficit narrowed more than expected in the fourth quarter, reflecting record exports of dairy products and lower dividends paid to overseas investors. More >>
Prices of dairy products fall 4.5%, biggest drop in 8 months
Wednesday, 21 March 2012, 7:04 am | Businesswire
March 21 (BusinessDesk) – Prices of dairy products fell by the most in eight months on Fonterra Cooperative Group’s GlobalDairyTrade platform amid concern demand for commodities may be slowing with China’s growth outlook. More >>
World Week Ahead: Building on US housing
Monday, 19 March 2012, 6:32 am | Businesswire
World Week Ahead: Building on US housing By Margreet Dietz March 19 (BusinessDesk) - Riding high on recent gains investors will be looking to data on US housing, purchasing managers' surveys from China and Europe, as well as Japan's latest trade numbers ... More >>
World Week Ahead: Wall Street awaits Fed, inflation data
Monday, 12 March 2012, 7:31 am | Businesswire
World Week Ahead: Wall Street awaits Fed, inflation data By Margreet Dietz March 12 (BusinessDesk) - The latest Federal Reserve take on the US economy and inflation reports this week may go a long way to determining whether investors will finally ... More >>