Businesswire - Latest News [Page 20]
While you were sleeping: Economic concern sinks stocks
Wednesday, 3 August 2011, 7:14 am | Businesswire
(BusinessDesk) August 3 - An agreement on the U.S. debt ceiling did little to stem investors’ concern that the world’s largest economy is faltering, which will hurt corporate earnings down the road. More >>
Manufacturing confirms gloominess
Tuesday, 2 August 2011, 7:22 am | Businesswire
(BusinessDesk) August 2 - Wall Street erased earlier gains after a report showing U.S. manufacturing grew at its slowest pace in two years last month underpinned recent data indicating the world’s largest economy might be teetering on the brink of ... More >>
While you were sleeping: US debt stalemate continues
Friday, 29 July 2011, 7:38 am | Businesswire
(BusinessDesk) July 29 - The political to and fro about a U.S. deficit reduction plan continued with the August 2nd deadline looming larger. More >>
While you were sleeping: Investors remain on edge
Thursday, 28 July 2011, 7:38 am | Businesswire
(BusinessDesk) July 28 - Nervous investors are taking profits because it’s increasingly clear that there won’t be a simple solution to the U.S debt crisis. More >>
While you were sleeping: US debt agreement still expected
Wednesday, 27 July 2011, 7:37 am | Businesswire
(BusinessDesk) July 27 - Investors on Wall Street sat on their hands while the U.S. Democrats and Republicans duked it out over rival plans to lower the country’s deficit and raise the US$14.3 trillion debt ceiling. More >>
NZ dollar gains on prospect of interest rate increases
Tuesday, 19 July 2011, 8:36 am | Businesswire
July 19 (BusinessDesk) - The New Zealand dollar rose against the greenback, as support from investors chasing higher interest rate yields helped the currency sidestep the selloff on global markets. More >>
NZ 2Q inflation speeds to 1% pace on fuel, food, annual rate
Monday, 18 July 2011, 10:48 am | Businesswire
NZ 2Q inflation speeds to 1% pace on fuel, food, annual rate at 21-year high 5.3% More >>
NZ dollar rises ahead of CPI, as commodities, equities gain
Monday, 18 July 2011, 8:27 am | Businesswire
July 18 (BusinessDesk) - The New Zealand dollar rose against the greenback ahead of today's consumer price index data, with gains on global commodity and equity markets helping the currency shrug off regional growth concerns. More >>
World Week Ahead: Until debt do us part
Monday, 18 July 2011, 7:07 am | Businesswire
July 18 (BusinessDesk) - The fact that there isn’t yet an agreement to avert a potential default by the U.S. is par for the course. More >>
Westpac to pay a premium on philanthropic bond
Friday, 15 July 2011, 7:00 am | Businesswire
July 14 (BusinessDesk) – Westpac Banking Corp. is wearing the cost of a premium interest rate on its five-year bond that will donate a portion of investors’ returns to rebuilding Christchurch. More >>
MARKET CLOSE: NZ stocks fall for eighth session; WBC drops
Thursday, 14 July 2011, 5:57 pm | Businesswire
July 14 (BusinessDesk) - New Zealand stocks fell for an eighth session, with Westpac Banking Corp. leading the exchange lower after a surge in the kiwi dollar sapped offshore demand for shares. Skellerup Ltd. rose. More >>
Argosy management stoush to hit the courts
Thursday, 14 July 2011, 5:20 pm | Businesswire
July 14 (BusinessDesk) – The stoush over how Argosy Property Trust’s management will be brought in-house is set to go to court More >>
NZ dollar rises ahead of GDP, after Bernanke comments
Thursday, 14 July 2011, 8:29 am | Businesswire
July 14 (BusinessDesk) - The New Zealand dollar rose ahead of the release of local economic growth data, with global markets gaining after Federal Reserve Chairman Ben Bernanke hinted at a third round of quantitative easing should the U.S. economy ... More >>
NZ Productivity Commission questions port ownership in NZ
Wednesday, 13 July 2011, 6:37 pm | Businesswire
July 13 (BusinessDesk) - Local government ownership of New Zealand's ports may add cost to the nation's trade, according to an issues paper from the Productivity Commission. More >>
MARKET CLOSE: NZ shares fall; Ryman leads decliners
Wednesday, 13 July 2011, 5:50 pm | Businesswire
July 13 (BusinessDesk) - New Zealand shares fell for the seventh session, with Ryman Healthcare Ltd. leading decliners after Tainui Group Holdings sold its stake in the company to fund its property investments. Fisher & Paykel Appliances Holdings ... More >>
Capital + Merchant directors face more fraud charges
Wednesday, 13 July 2011, 5:23 pm | Businesswire
July 13 (BusinessDesk) – The directors of failed financier Capital + Merchant Finance Ltd. face a further 11 charges from the Serious Fraud Office over $28 million of transactions between 2004 and 2006. More >>
Serepisos faces bankruptcy proceedings on Monday morning
Wednesday, 13 July 2011, 5:08 pm | Businesswire
July 13 (BusinessDesk) – Embattled Wellington property developer and Wellington Phoenix owner Terry Serepisos is facing a bankruptcy proceeding on Monday morning. More >>
NZ dollar rises on prospect of more Fed economic aid
Wednesday, 13 July 2011, 8:34 am | Businesswire
July 13 (BusinessDesk) - The New Zealand dollar rose after minutes from the Federal Reserve's June meeting suggested a third round of quantitative easing has not been entirely ruled out for the U.S. economy, lifting appetite for growth assets. More >>
While you were sleeping: HP, Wal-Mart disappoint
Wednesday, 18 May 2011, 7:32 am | Businesswire
(BusinessDesk) May 18 - Equities in Europe and on Wall Street declined on a disappointing earnings forecast from Hewlett-Packard Co and an unexpected fall in U.S. housing starts. More >>
New Zealand dollar falls as traders profit on crosses
Wednesday, 20 April 2011, 8:38 am | Businesswire
April 20 (BusinessDesk) - The New Zealand fell against most major currencies as investors took yesterday's dip in risk appetite amid heightened sovereign debt fears as an opportunity to book profits on the currency's recent rally. More >>