Scoop has an Ethical Paywall
Scoop InfoPages
This InfoPage in unregistered, if this is your news page register Businesswire for InfoPages here.
Businesswire - Latest News [Page 254]
While you were sleeping: Asia to back currencies
Monday, 23 February 2009, 10:27 am | Businesswire
Feb. 23 – Asian nations agreed to form a US$120 billion pool of funds to help defend the region’s currencies as the global economy slumps. More >>
RBA sees further rates cuts
Friday, 20 February 2009, 1:38 pm | Businesswire
Feb. 20 – The Reserve Bank of Australia has room to cut interest rates from a 45-year low to underpin the economy in the face of a global slump, according to Governor Glenn Stevens. More >>
Provenco seeks notes rollover at 2% interest
Friday, 20 February 2009, 1:08 pm | Businesswire
Feb 20. – Troubled electronic and mobile payments system vendor ProvencoCadmus Ltd. is to further test the patience of investors in its capital notes and shares by rolling the notes over at a 2% interest rate, down from the 9.25% offered when ... More >>
Budget deficit widens on falling tax take
Friday, 20 February 2009, 1:03 pm | Businesswire
Feb. 20 – New Zealand’s budget deficit was bigger than the Treasury had forecast in the six months ended Dec. 31 as the nation’s prolonged recession eroded government revenue from taxes. More >>
Budget deficit widens on falling tax take
Friday, 20 February 2009, 1:02 pm | Businesswire
Feb. 20 – New Zealand’s budget deficit was bigger than the Treasury had forecast in the six months ended Dec. 31 as the nation’s prolonged recession eroded government revenue from taxes. More >>
Sky Prefers Recession to All Blacks Loss
Friday, 20 February 2009, 12:55 pm | Businesswire
Feb. 20 – Sky Network Television Ltd., New Zealand’s biggest pay-TV company, posted a 17% drop in first-half profit on costs of its new high definition platform and weakening advertising revenue at Prime. More >>
NZ dollar may rise on commodities, weaker yen
Friday, 20 February 2009, 10:28 am | Businesswire
Feb. 20 – The New Zealand dollar may push higher as commodity prices bounce back from multi-year lows, and the yen weakens on concern Japan, the world’s second-biggest economy, will delay its stimulus plans. More >>
Stocks to Watch, Feb 19: Oceana Gold, Provenco
Friday, 20 February 2009, 10:24 am | Businesswire
Feb. 20 – The following stocks may be active on the New Zealand exchange after developments since the close of trading yesterday. More >>
While you were sleeping: more ugly US numbers
Friday, 20 February 2009, 10:18 am | Businesswire
Feb. 20 – The number of Americans remaining on unemployment benefits for more than a week jumped by 170,000 to 4.98 million in the first week of February, the highest since at least 1967. More >>
MARKET CLOSE: Nuplex, Wrightson, Appliances Drop
Thursday, 19 February 2009, 7:39 pm | Businesswire
MARKET CLOSE: NZ shares fall; Nuplex, Wrightson, Appliances drop Feb. 19 – New Zealand shares fell, pushing the NZX 50 Index to a three-month low, after Nuplex Industries said it is in talks with banks to ease conditions of its loan terms and ... More >>
More Bad News for PGGW - This Time in Uruguay
Thursday, 19 February 2009, 5:52 pm | Businesswire
Feb. 19 - NZ Farming Systems Uruguay Ltd., the company set up to export New Zealand intensive dairy farming techniques to South America, forecast a full-year loss on weak world prices for milk and feed costs during a drought. More >>
Nuplex takes a dive
Thursday, 19 February 2009, 4:01 pm | Businesswire
Feb. 19 – Shares of Nuplex Industries Ltd. tumbled after the manufacturer of resins and specialty chemicals said it is in talks with its banks to ease terms of its bank facilities. More >>
Revaluations maul Auckland Airport result
Thursday, 19 February 2009, 11:50 am | Businesswire
Feb. 19 – Auckland International Airport, New Zealand’s busiest gateway, posted a 79% drop in first-half profit after reducing the value of the company’s investment property portfolio. More >>
Moody's warning on Aussie banks
Thursday, 19 February 2009, 11:28 am | Businesswire
Feb. 19 – The credit ratings of Australia’s banks are under review at Moody’s Investors Service because of the deteriorating economic outlook. More >>
While you were sleeping: Obama housing pledge
Thursday, 19 February 2009, 10:22 am | Businesswire
Feb. 19 – U.S. President Barack Obama pledged US$275 billion in funds to a programme that aims to reduce foreclosures and ease mortgage payments for those homeowners, efforts that may help lift the American housing sector out of its slump. More >>
NZ dollar edges lower
Thursday, 19 February 2009, 10:17 am | Businesswire
Feb. 19 – The New Zealand dollar is little changed around 51 U.S. cents as investors flocked to the U.S. dollar after President Barack Obama pledged to curb home foreclosures, a move that may help lift the property market out of a prolonged slump. The U.S. ... More >>
Stocks to Watch: Earnings Season Rumbles On
Thursday, 19 February 2009, 10:11 am | Businesswire
Feb. 19 – The following stocks may be active on the New Zealand exchange after developments since the close of trading yesterday. More >>
Mainfreight profit growth stalls
Thursday, 19 February 2009, 10:05 am | Businesswire
Feb. 19 – Mainfreight Ltd., the biggest trucking firm on the NZX 50 Index, said profit growth stalled in the first nine months of the year, as transport costs rose, reducing the benefit of a jump in sales. More >>
MARKET CLOSE: Wrightson and THL lead the falls
Wednesday, 18 February 2009, 6:44 pm | Businesswire
Feb. 18 – New Zealand shares fell for a third day, after Silver Fern Farms spurned PGG Wrightson Ltd.’s offer to settle an unconditional deal and Tourism Holdings Ltd. posted a loss and suspended dividends. More >>
8% Fall in Air NZ Passenger Numbers
Wednesday, 18 February 2009, 3:31 pm | Businesswire
Feb. 18 – Air New Zealand Ltd., which is scheduled to report first-half earnings next week, said passenger numbers continued to drop in January, led by a decline in demand for long-haul flights and domestic services. More >>
