NZ employment confidence dims in June quarter as workers fear for job security
By Paul McBeth June 27 (BusinessDesk) - New Zealanders grew more pessimistic in the June quarter as they grew increasingly worried about job security as a swelling population increases competition for work and continues to keep a lid on wages. The Westpac-McDermott Miller E...
NZ dollar drops to 10-day low as Brexit stokes uncertainty in financial markets
By Paul McBeth June 27 (BusinessDesk) - The New Zealand dollar fell to a 10-day low against the greenback after the British public's vote to quit the European Union caught investors off-guard, stoking uncertainty in financial markets and raising the prospect that local interes...
NZ interest rates plunge as Brexit gets closer to reality
By Paul McBeth June 24 (BusinessDesk) - New Zealand swap rates plunged as news of the likely victory for Brexit in the UK's referendum on whether to leave the European Union rippled through global financial markets and sent investors fleeing for safe havens. "We'll be p...
Cavalier raises 2016 earnings guidance on better performance from broadloom carpets
By Paul McBeth June 24 (BusinessDesk) - Cavalier Corp shares jumped to a 19-month high after the carpet maker raised 2016 earnings guidance as its broadloom carpets unit outperformed expectations and it sold an unprofitable carpet tile operation. Post-tax normalised earnin...
Prev
