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 37]
NZ property values extend decline: QV
Wednesday, 8 September 2010, 8:09 pm | Businesswire
Sept. 8 (BusinessDesk) – New Zealand property values extended their decline for a fifth month as a backlog of unsold property sits on the market. More >>
MARKET CLOSE: NZ Shares fall, led by Air NZ & SKC
Wednesday, 8 September 2010, 6:00 pm | Businesswire
Sept. 8 (BusinessDesk) – New Zealand shares ended a five day winning streak as a combination of global uncertainty and the fallout from the Christchurch earthquake kept investors on the sidelines. Air New Zealand Ltd. and SkyCity Entertainment Group ... More >>
Treasury sees "modest" compulsory savings impact
Wednesday, 8 September 2010, 5:33 pm | Businesswire
by Paul McBeth Sept. 8 (BusinessDesk) – Introducing compulsory superannuation would lead to a “modest” lift in national savings, though the overall impact on the economy would depend on how it’s designed, according to The Treasury. More >>
Major quake repair needed, warns Port of Lyttelton
Wednesday, 8 September 2010, 5:16 pm | Businesswire
Major earthquake repair costs, warns Port of Lyttelton Sept. 8 (BusinessDesk) – The Lyttelton Port Company has issued a force majeure notice to coal exporter Solid Energy as a precaution after Canterbury’s Saturday earthquake. More >>
Chch quake a 0.5% drag on economy: Whitehead
Wednesday, 8 September 2010, 4:05 pm | Businesswire
Sept. 8 (BusinessDesk) – The 7.1 magnitude earthquake in Christchurch will wipe about 0.5% from third-quarter gross domestic product, according to the Treasury Secretary John Whitehead. More >>
Interest stirs in NZ corporate debt
Wednesday, 8 September 2010, 2:46 pm | Businesswire
Sept. 8 (BusinessDesk) – Dwindling prospects for further interest rate hikes by the Reserve Bank this year may stoke interest in corporate bonds as investors seek certainty of income. More >>
Christchurch quake to push up reinsurance rates
Wednesday, 8 September 2010, 2:34 pm | Businesswire
Sept. 8 (BusinessDesk) – The 7.1 magnitude earthquake in Christchurch on Saturday will probably push up Australian insurers’ reinsurance costs, according to Fitch Ratings. More >>
SMELLIE SNIFFS THE BREEZE: Shaky times
Wednesday, 8 September 2010, 10:19 am | Businesswire
Sept. 8 (BusinessDesk) – Let’s get one thing straight. Earthquakes are not good for the economy. More >>
Chch earthquake fells weekend retail sales
Wednesday, 8 September 2010, 10:16 am | Businesswire
Sept. 8 (BusinessDesk) – Canterbury’s earthquake immediately hit Eftpos payments in the region with Saturday sales down 43% and Sunday sales down 18% on last year. More >>
ING Property replaces difficult retail site
Wednesday, 8 September 2010, 9:45 am | Businesswire
Sept. 8 (BusinessDesk) – ING Property Trust, which is changing its name to Argosy Property Trust next month, has sold a retail site in Manukau and bought property in St Lukes for the same price. More >>
Stocks to watch: AIR, GMT, ING, LME, NZX, OGC, TPW
Wednesday, 8 September 2010, 9:22 am | Businesswire
Sept. 8 (BusinessDesk) – The following stocks may be active on the New Zealand exchange after developments since the close of trading. All prices are in New Zealand dollars unless specified. More >>
NZ dollar falls amid European debt concerns
Wednesday, 8 September 2010, 9:18 am | Businesswire
Sept. 8 (BusinessDesk) – The New Zealand dollar fell back under 72 U.S. cents as Wall Street traders returned from their holiday in a downbeat mood amid the reignited fears about the state of Europe’s financial sector. More >>
OceanaGold CEO Biddy resigns
Wednesday, 8 September 2010, 9:09 am | Businesswire
Sept. 8 (BusinessDesk) – OceanaGold Corp. chief executive Paul Bibby has resigned for personal reasons and the gold miner has begun the search for a replacement. More >>
While you were sleeping: Stocks lose lustre, again
Wednesday, 8 September 2010, 7:15 am | Businesswire
September 8 (BusinessDesk) - Equities got hammered once again amid reports that the European banking system might not be as strong as investors had been led to believe in the wake of stress tests earlier this year. More >>
LanzaTech lands second China deal
Tuesday, 7 September 2010, 6:39 pm | Businesswire
Sept. 7 (BusinessDesk) – LanzaTech, the Auckland-based company that uses bacteria to biologically ferment waste industrial gases into useful products such as ethanol, has secured a second Chinese partner in as many months. More >>
NZ stocks rise on fund flows; Air NZ leads
Tuesday, 7 September 2010, 6:18 pm | Businesswire
NZ stocks rise on fund flows; AIR leads gains as it cuts prices to regional destinations More >>
TrustPower mulls $100 mln retail bond offer
Tuesday, 7 September 2010, 4:57 pm | Businesswire
Sept. 7 (BusinessDesk) – TrustPower Ltd., the Infratil-controlled electricity generator, is mulling a retail bond offer to help repay bank debt and push out its maturity profile. More >>
L&M Energy raises $1.4 mln in share purchase plan
Tuesday, 7 September 2010, 4:26 pm | Businesswire
Sept. 7 (BusinessDesk) – L&M Energy Ltd. raised $1.4 million in a share purchase plan, adding to its placement in July. More >>
Goodman Property raises $45M in private debt issue
Tuesday, 7 September 2010, 3:07 pm | Businesswire
Sept. 7 (BusinessDesk) – Goodman Property Trust, which recently had one of its managers poached by rival AMP NZ Office Trust, has raised $45 million through a private debt issue. More >>
Earthquake delays statistics releases
Tuesday, 7 September 2010, 1:39 pm | Businesswire
Sept. 7 (BusinessDesk) – The Christchurch earthquake will delay the release of several statistical updates over the next couple of days after Statistics New Zealand was forced to close its offices in the city. More >>
