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Businesswire - Latest News [Page 97]
OceanaGold finds new gold deposits at Fraser mine
Monday, 3 May 2010, 8:39 pm | Businesswire
May 3 (BusinessWire) - OceanaGold Corp. has announced a "very promising" discovery of additional gold-bearing rock at its Frasers underground mine in Otago. More >>
Norgate, McConnon’s RPI placed in receivership
Monday, 3 May 2010, 7:43 pm | Businesswire
May 3 (BusinessWire) – Rural Portfolio Investments, the investment vehicle of Baird McConnon and Craig Norgate, was placed in receivership by the trustee for holders of its $60 million of preference shares, which were suspended indefinitely today ... More >>
NZ Dollar Outlook: Kiwi may rise on commodities
Monday, 3 May 2010, 1:38 pm | Businesswire
May 3 (BusinessWire) – The New Zealand dollar will likely press higher this week as strong commodity prices continue to underpin support for the currency, with milk prices under scrutiny in the latest Fonterra Cooperative Group online auction on ... More >>
Air NZ, Virgin Blue seek clearance for alliance
Monday, 3 May 2010, 12:50 pm | Businesswire
May 3 (BusinessWire) – Air New Zealand Ltd., the national carrier, and rival Virgin Blue have agreed to seek regulatory approval for an alliance on trans-Tasman routes that would offer lower fares, code sharing and reciprocity on loyalty scheme and ... More >>
Genesis Research suspends NZ ops, stock tumbles
Monday, 3 May 2010, 11:16 am | Businesswire
May 3 (BusinessWire) - Genesis Research and Development Corp. suspended its New Zealand operations and said it may tip its assets into a new company as funds dry up as the company awaits word on whether a Japanese investor will put in more cash. The shares ... More >>
NZ mortgagee sales hold near 2009 highs
Monday, 3 May 2010, 10:25 am | Businesswire
May 3 (BusinessWire) – New Zealand mortgagee sales held near their 2009 highs and may rise, showing the property market’s sluggish recovery, according to Terralink. More >>
NZ dollar falls; Goldman Sachs probe dents mood
Monday, 3 May 2010, 9:59 am | Businesswire
May 3 (BusinessWire) – The New Zealand dollar fell from a three-month high as the ongoing investigation into investment bank Goldman Sachs Group sapped investors’ appetite for higher yields, while European policymakers shored up a bail-out package ... More >>
Stocks to watch: Ecoya, Genesis, KMD, NZS, PGW
Monday, 3 May 2010, 9:54 am | Businesswire
May 3 (BusinessWire) – The following stocks may be active on the New Zealand exchange after developments since the close of trading on Friday. All prices are in New Zealand dollars unless specified. More >>
Rural Portfolio preference shares suspended
Monday, 3 May 2010, 9:41 am | Businesswire
May 3 (BusinessWire) – Rural Portfolio Capital Ltd., the investment vehicle of Baird McConnon and Craig Norgate, asked the NZX to delist its preference shares because it has run out of cash and can’t meet the terms of its Trust Deed. More >>
Westpac seeks to package foresters' carbon credits
Monday, 3 May 2010, 9:31 am | Businesswire
May 3 (BusinessWire) – Westpac Banking Corp.'s New Zealand arm is seeking a leadership position in New Zealand carbon market trading now that the government appears committed to proceeding with the emissions trading scheme. More >>
World Week Ahead: Greece, U.K. and jobs
Monday, 3 May 2010, 7:57 am | Businesswire
May 3 (Business Wire) – Hang on Dorothy, it's going to get a little windier this week. More >>
Australia to cut corporate tax, keeps imputations
Sunday, 2 May 2010, 7:49 pm | Businesswire
May 2 (BusinessWire) - Finance Minister Bill English's options for corporate tax reform in the May 20 Budget are clearer following tonight's Australian Government announcement that it will cut its company tax rate to 28% from 30% over the next ... More >>
Large NZ users face compulsory water metering
Friday, 30 April 2010, 7:49 pm | Businesswire
April 30 (BusinessWire) - Any water user taking more than 5 litres per second will have to instal water meters and record their useage, Environment Minister Nick Smith announced tonight. More >>
SMELLIE SNIFFS THE BREEZE: A new big stick
Friday, 30 April 2010, 7:03 pm | Businesswire
April 30 (BusinessWire) - This week's announcements on securities law reform by Commerce Minister Simon Power are profound for New Zealand capital markets after years of serial failure by both the makers and enforcers of laws to protect the gullible from ... More >>
MARKET CLOSE: NZ shares rise; APT, ING, KMD up
Friday, 30 April 2010, 6:34 pm | Businesswire
April 30 (BusinessWire) – New Zealand shares rose, rounding out a monthly gain of 1.1%, as stronger U.S. earnings and economic data, and abating fears of a meltdown in Greece gave investors more appetite for shares. AMP NZ Office Trust led gains ... More >>
RPC falls short of cash to top up escrow account
Friday, 30 April 2010, 5:53 pm | Businesswire
Rural Portfolio falls short of cash to top up escrow account, can’t meet payments More >>
Ecoya IPO gets over the line as Bakery chips in
Friday, 30 April 2010, 4:35 pm | Businesswire
Ecoya’s $10.1 mln IPO gets over the line with help from underwrite by the Bakery More >>
NZ building consents fall 0.4% in March
Friday, 30 April 2010, 11:46 am | Businesswire
NZ building consents fall 0.4% in March, apartment approvals lift from 15-year low More >>
Oceana Gold closes out loss-making hedges
Friday, 30 April 2010, 11:46 am | Businesswire
April 30 (BusinessWire) - Oceana Gold Ltd. has taken a one-off C$73 million hit to its balance sheet, using the bulk of the C$86.3 million in recent equity-raising to close "out of the money" foreward hedge contracts that had begun to ... More >>
NZ dollar holds above 72 cts as Greek aid advanced
Friday, 30 April 2010, 9:35 am | Businesswire
April 30 (BusinessWire) – The New Zealand dollar held above 72 U.S. cents as investors’ appetite for higher yields was stoked by the prospect of an early aid package for Greece to head off a potential default by the debt-stricken nation. More >>
