MARKET CLOSE: NZ shares ease on global growth concerns
By Rebecca Howard Jan. 23 (BusinessDesk) - New Zealand shares eased as investors continued to fret about US-China trade tensions and the political impasse in the US. The S&P/NZX 50 index fell 8.6 points, or 0.1 percent, to 9106.03. Within the index, 19 stocks rose, four we...
UPDATE: NZ 4Q inflation soft but economists see some signs of emerging pressure
(Adds detail throughout, comment from economists) By Rebecca Howard Jan. 23 (BusinessDesk) - New Zealand's inflation remained stuck in neutral in the fourth quarter but economists say the data does point to some emerging cost pressure. The Consumers Price Index rose 0.1...
Eroad lifts sales growth in December quarter
By Rebecca Howard Jan. 23 (BusinessDesk) - Logistics and fleet management technology firm Eroad reported a lift in the number of units sold in the third quarter of its financial year, despite the holiday season. Total contracted units rose 5.1 percent to 90,615 in the thre...
NZ shares fell on global growth concerns
By Rebecca Howard Jan. 22 (BusinessDesk) - New Zealand shares fell as investors fretted about a possible slowdown in global growth. Spark saw the heaviest volumes traded. The S&P/NZX 50 index fell 34 points, or 0.4 percent, to 9114.63. Within the index, 17 stocks rose, 9 we...
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