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Businesswire - Latest News [Page 25]
While you were sleeping: Caution rules, again
Friday, 10 December 2010, 6:23 am | Businesswire
December 10 (BusinessDesk) - A U.S. labour report underpinned the cautious optimism about the American economic recovery, yet fell short of convincing investors to load up on equities. More >>
MARKET CLOSE: NZ stocks fall on Australian portfolio changes
Thursday, 9 December 2010, 5:49 pm | Businesswire
Dec. 9 (BusinessDesk) - New Zealand stocks fell amid talk that a significant portfolio was being restructured after an Australian fund manager lost its mandate. Auckland International Airport Ltd. and Telecom Corp. paced decliners on the bourse. More >>
While you were sleeping: Deficit worries hammer bonds
Thursday, 9 December 2010, 7:06 am | Businesswire
December 9 (BusinessDesk) - U.S. Treasuries tanked as investors rethought the negative implications of President Barack Obama’s proposed tax package, namely that the American budget deficit was poised to widen even faster. The renewed nervousness ... More >>
MARKET CLOSE: NZ stocks rise; GMT gains, FPA falls
Wednesday, 8 December 2010, 5:58 pm | Businesswire
Dec. 8 (BusinessDesk) - New Zealand stocks rose to their highest level since Nov. 22, ahead of the central bank's review of interest rates tomorrow. Goodman Property Trust paced gainers on the exchange while Fisher & Paykel Appliances Holdings ... More >>
While you were sleeping: Tax deal lifts stocks
Wednesday, 8 December 2010, 7:14 am | Businesswire
December 8 (BusinessDesk) - U.S. equities gained as President Barack Obama’s proposal to extend tax breaks for another two years reinforced the mood that policy makers were doing everything possible to bolster the world’s largest economy. More >>
While you were sleeping: Fed fuels advance
Tuesday, 7 December 2010, 7:51 am | Businesswire
December 7 (BusinessDesk) - It seems whenever there is renewed doubt about the outlook for the world’s biggest economy, Ben Bernanke is close at hand. More >>
World Week Ahead: Full-speed ahead
Monday, 6 December 2010, 7:48 am | Businesswire
Dec. 6 (BusinessDesk) - It’s been a topsy turvy few weeks for investors but all systems now appear set for a year-end rally. More >>
Bollard may signal no hurry to raise NZ interest rates
Monday, 6 December 2010, 7:38 am | Businesswire
Dec. 5 (BusinessDesk) – Reserve Bank Governor Alan Bollard, staring down the biggest inflation spike in at least a decade, is nevertheless likely to keep interest rates unchanged this week and signal he’s in no hurry to act. More >>
While you were sleeping: ECB offers support
Friday, 3 December 2010, 7:53 am | Businesswire
December 3 (BusinessDesk) - Stocks in Europe and on Wall Street rose after the European Central Bank promised to provide unlimited weekly, monthly and three-month funding until at least April to help stem concern about the euro zone crisis. More >>
Forsyth Barr analyst named in road-rage case
Thursday, 2 December 2010, 5:09 pm | Businesswire
Dec. 2 (BusinessDesk) – Forsyth Barr analyst Guy Hallwright has been named in a 'road-rage' case after losing his bid for name suppression. More >>
NZ milk powder prices rise 1.6% in Fonterra’s online auction
Thursday, 2 December 2010, 8:04 am | Businesswire
Dec. 2 (BusinessDesk) – Prices rose in Fonterra Cooperative Group’s Dec. 1 auction, led by whole milk powder, while butter milk powder fell. More >>
While you were sleeping: Equities surge on optimism
Thursday, 2 December 2010, 7:11 am | Businesswire
December 2 (BusinessDesk) - Stocks in Europe and on Wall Street surged to start the final month of the year with an optimistic view that central banks and policy makers on both sides of the Atlantic were committed to shoring up economic growth. More >>
Sow crates to be gone by 2015
Wednesday, 1 December 2010, 7:00 pm | Businesswire
Dec. 1 (BusinessDesk) – Comedian Mike King’s expose of intensive pig rearing has seen its consequence in legislation, with sow stalls to be phased out by 2015 and restrictions imposed on the use of farrowing crates. More >>
MARKET CLOSE: NZ stocks mixed; Wrightson gains, GFF falls
Wednesday, 1 December 2010, 6:10 pm | Businesswire
Dec. 1 (BusinessDesk) - New Zealand stocks were mixed as the negative sentiment on global markets and softer GDP figures in Australia was offset by an improvement in commodity prices. PGG Wrightson Ltd., the rural services company, paced gainers on ... More >>
While you were sleeping: Euro worry deepens
Wednesday, 1 December 2010, 7:14 am | Businesswire
December 1 (BusinessDesk) - Concern about Europe’s fiscal crisis was at the forefront of investors’ minds today again as they sold equities, the euro and the government debt of Belgium, Hungary, Italy and Spain. More >>
MARKET CLOSE: NZ stocks join global slide; Argosy falls
Tuesday, 30 November 2010, 5:57 pm | Businesswire
Nov. 30 (BusinessDesk) - New Zealand stocks fell as global anxiety over Europe's sovereign debt issues and a slowdown in the Chinese economy weighed on equity markets. Argosy Property Trust led decliners, while APN News & Media Ltd. rose. More >>
BNZ chairman Waller to head up Fonterra milk price panel
Tuesday, 30 November 2010, 5:46 pm | Businesswire
Nov. 30 (BusinessDesk) – John Waller, Bank of New Zealand chairman and a former partner at PricewaterhouseCoopers, will head up Fonterra Cooperative Group’s new panel to oversee the dairy exporter’s milk prices. More >>
Heritage Gold narrows loss, mulls more opportunities
Tuesday, 30 November 2010, 5:34 pm | Businesswire
Nov. 30 (BusinessDesk) – Heritage Gold NZ Ltd., the minerals prospector helping float Broken Hill Prospecting on the ASX, narrowed its first-half loss and is eyeing up more opportunities to chase gold. More >>
NZIER waves shroud on Christmas season
Tuesday, 30 November 2010, 8:28 am | Businesswire
NZIER waves shroud on Christmas season By Pattrick Smellie Nov. 30 (BusinessDesk) – A double dip recession remains on the cards for New Zealand, with a recent slump in house sales indicating a tough Christmas for businesses and households, says the ... More >>
While you were sleeping: All bets are off
Tuesday, 30 November 2010, 7:29 am | Businesswire
Investors wasted little time in knocking the single currency lower and negating all the positive sentiment from the speed at which the bailout package was agreed as well as the optimism from the start of the U.S. holiday shopping season. More >>
