Chorus sees growth in high value gigabit fibre plans
By Paul McBeth July 17 (BusinessDesk) - Chorus reported a faster increase in more valuable gigabit fibre plans in the June quarter, which it says is driving revenue growth. The telecommunications network operator added 8,000 1-gigabit-per-second plans in the three months e...
MARKET CLOSE: NZ shares fall in listless trading; power companies gain
By Paul McBeth July 16 (BusinessDesk) - New Zealand shares fell for a second day on light volumes, with heavyweights Auckland International Airport, Fisher & Paykel Healthcare and A2 Milk weighing on the broader index. Meridian Energy and Contact Energy rose as the government...
MARKET CLOSE: NZ shares slip as fears over slowing Chinese growth weigh; AMP slumps
By Paul McBeth July 15 (BusinessDesk) - New Zealand shares fell, joining a downbeat day across Asia as slowing Chinese growth stoked fears that trade tensions will dent the global economy. AMP slumped after the Reserve Bank of New Zealand blocked the sale of its life insurance...
MARKET CLOSE: NZ shares fall as prospect of smaller US rate cut knocks yield stocks
By Paul McBeth July 9 (BusinessDesk) - New Zealand shares fell, joining a decline across Asia, as expectations of a smaller interest rate cut by the US Federal Reserve reduced the attraction of stocks held for a reliable income. The S&P/NZX 50 Index dropped 67.87 points, or...
Prev
