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Businesswire - Latest News [Page 246]
Joyce names highways of national significance
Thursday, 19 March 2009, 4:48 pm | Businesswire
March 19 – Transport Minister Steven Joyce today identified seven roading projects deemed highways of national significance which will get priority treatment under the government’s infrastructure plans. More >>
McConnon’s Aorangi to aid Norgate and RPI
Thursday, 19 March 2009, 4:35 pm | Businesswire
March 19 – Aorangi Laboratories, the investment vehicle of Baird McConnon’s family, will stump up funds to allow Rural Portfolio Investments to refinance NZ$42.5 million of preference shares when they come due April 15. More >>
ING Property sells 3 properties
Thursday, 19 March 2009, 12:28 pm | Businesswire
March 19 - ING Property Trust agreed to sell three properties for NZ$22.3 million - a Countdown supermarket in Hastings, a Tauranga office building and an industrial site in Penrose, south Auckland. More >>
NZ dollar rockets as Fed prints money
Thursday, 19 March 2009, 10:19 am | Businesswire
March 19 – The New Zealand dollar rocketed as U.S. government bonds slumped on the announcement that the U.S. Federal Reserve would purchase Treasury securities and take on more mortgage and agency debt, stoking demand for high-yielding, riskier ... More >>
Stocks to Watch: F&P capital raising
Thursday, 19 March 2009, 10:15 am | Businesswire
Stocks to Watch: FPA capital raising, Fletcher rebound March 19 – The following stocks may be active on the New Zealand exchange after developments since the close of trading yesterday. More >>
While you were sleeping: Fed to buy more debt
Thursday, 19 March 2009, 10:01 am | Businesswire
March 19 – The U.S. Federal Reserve announced plans to buy as much as US$300 billion of Treasury bonds and purchase more mortgage-related debt to ease credit conditions and revive the world’s largest economy. More >>
MARKET CLOSE: NZX 50 gains a 4th day
Thursday, 19 March 2009, 9:05 am | Businesswire
March 18 – New Zealand shares rose for a fourth day, with the NZX 50 Index posting its biggest gain in almost two weeks, amid speculation prices now reflect the global economic slump and have more room to recover. More >>
Mortgage Rates Start to Rise
Wednesday, 18 March 2009, 6:00 pm | Businesswire
March 18 – New Zealand longer-term fixed-rate mortgages are on the turn and have risen since the central bank cut the official cash rate to a record low 3% last week. More >>
Opus Cuts UK Jobs
Wednesday, 18 March 2009, 2:33 pm | Businesswire
March 18 - Opus International Consultants, a global engineering consulting firm, is cutting a fifth of its U.K. workforce as it tries to halt losses and adjust to a market downturn. More >>
New CEO for ANZ National
Wednesday, 18 March 2009, 12:40 pm | Businesswire
March 18 – ANZ National Bank, New Zealand’s biggest lender, named Jenny Fagg as chief executive, replacing Graham Hodges, who has been promoted to deputy CEO of the parent company. More >>
BAT's De Plessis to Chair Rio Tinto
Wednesday, 18 March 2009, 12:36 pm | Businesswire
March 18 – Rio Tinto, the world’s third-biggest mining company, named Jan du Plessis as chairman, the same role he holds with British American Tobacco. More >>
Nuplex extends trading halt
Wednesday, 18 March 2009, 11:28 am | Businesswire
March 18 – Nuplex Industries extended a trading halt on its shares to amend plans to raise capital after investors indicated the specialty chemicals maker should raise more funds at a lower price. More >>
While you were sleeping: Some good news for once
Wednesday, 18 March 2009, 11:24 am | Businesswire
March 18 – U.S. housing starts rose last month, halting the longest slide in 18 years, raising optimism the property slump may be showing signs of abating. More >>
Kiwi holds up as US housing starts jump
Wednesday, 18 March 2009, 11:14 am | Businesswire
By Paul McBeth March 18 – The New Zealand dollar held above 53 U.S. cents for the second day as U.S. stock markets gained on an unexpected rebound in home construction, supporting investor’s appetite for high-yielding, riskier assets. More >>
Stocks to Watch: Norgate’s funding, Fletcher Build
Wednesday, 18 March 2009, 11:08 am | Businesswire
Stocks to Watch: Norgate’s funding, Fletcher Building March 18 – The following stocks may be active on the New Zealand exchange after developments since the close of trading yesterday. More >>
Sweeping Changes for Foreign Investment Rules
Tuesday, 17 March 2009, 7:50 pm | Businesswire
March 17 - Foreign investment in New Zealand will become easier thanks to a sweeping review of the approvals process for would-be offshore investors, Finance Minister Bill English announced today. More >>
MARKET CLOSE: NZ shares gain; Skellerup rises
Tuesday, 17 March 2009, 7:30 pm | Businesswire
March 17 – New Zealand shares rose, pushing the NZX 50 Index to a month-high, amid optimism the world’s biggest banks are returning to profitability, raising the prospect of an end to the global financial crisis. More >>
Stocks to Watch: Key praises Contact
Tuesday, 17 March 2009, 10:06 am | Businesswire
Stocks to Watch: Contact praised, NZ Farming Systems March 17 – The following stocks may be active on the New Zealand exchange after developments since the close of trading yesterday. More >>
NZ dollar at month-highs vs Australian, US dollar
Tuesday, 17 March 2009, 9:40 am | Businesswire
March 17 – The New Zealand reached one-month highs against the U.S. and Australian dollars as ongoing strength in equity markets stoked demand for high-yielding, or riskier, assets. More >>
While you were sleeping: Barclays upbeat; Bernanke
Tuesday, 17 March 2009, 9:34 am | Businesswire
March 17 – Shares rallied in Europe for a fifth straight session after Barclays Plc said it had a “strong start” to 2009 and is in talks to sell its iShares exchanged-traded funds unit. Barclays jumped 23%, pacing a rally in financials. More >>
