Video game exporters on track for $1bn revenue in 2025
The burgeoning Kiwi video game industry has doubled its revenue in the last two years, but said it needs government support to become a billion-dollar exporter. An independent survey of 39 interactive media companies showed Kiwi game developers earned $203.4 million dollars duri...
MARKET CLOSE: New Zealand shares join global rally on Chinese stimulus
New Zealand shares rebounded today, as a strong lead from Wall St and stimulus from the People’s Bank of China buoyed Asian markets from coronavirus fallout and caused investors to walk back a portion of the recent sell off. The S&P/NZX 50 Index rose 92.59 points, or 0.8 perce...
ANZ warns sun setting on golden run for food exports
ANZ New Zealand economists warn the “sun is setting on the golden run” for Kiwi food exports as meat prices come off their elevated levels and as the coronavirus outbreak threatens to spoil the party.The bank’s monthly commodity price index fell 0.9 percent in January, led lower...
Sky TV vulnerable as it charges into the streaming wars – Jarden
Sky Network Television may have trouble funding its transition from a pay-TV monopolist to a streaming service in a highly competitive market, according to research house Jarden.The investment advisory group said maintaining satellite services at the same time as investing in onl...