UPDATE: Abano expects annual net profit to fall about 12%
(Updates share price in 5th paragraph, adds company comment from 7th paragraph, updates practice number in 20th paragraph.) By Jenny Ruth March 26 (BusinessDesk) - Abano Healthcare is forecasting annual net profit will fall 12.6 percent amid “challenging” conditions in Aust...
NZSA supports NZX director elections, remains highly critical
By Jenny Ruth March 26 (BusinessDesk) - The New Zealand Shareholders’ Association is highly critical of NZX’s performance but will nevertheless support the election and re-election of two directors. “NZSA considers that NZX (is) moving down the right track with the changes...
NZ dollar becalmed ahead of OCR decision, China-US trade talks
By Jenny Ruth March 25 (BusinessDesk) - The New Zealand dollar is little changed ahead of the Reserve Bank’s latest official cash rate review on Wednesday. Traders are also awaiting more news from the United States-China trade talks which resume in Beijing this week and mov...
RBNZ came close to cutting rates in February: British economist
By Jenny Ruth March 25 (BusinessDesk) - The Reserve Bank of New Zealand came close to cutting rates when it delivered last month’s monetary policy statement, according to UK-based economist Andrew Hunt. The central bank knows New Zealand is exposed to the global slowdown, p...
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