Zespri plans to carry out targeted share buyback, issue program
By Rebecca Howard July 11 (BusinessDesk) - Kiwifruit exporter Zespri plans a targeted share buyback and issue programme next year after the government approved changes to the kiwifruit export regulations. The changes, announced today, will come into effect on Aug 1 and will...
NZ retail card spending flat in June as cheap petrol offsets Lion tour boost
By Rebecca Howard July 11 (BusinessDesk) - New Zealand retail spending on electronic cards was unchanged in June as hospitality - largely linked to the British and Irish Lions rugby tour - offset lower fuel prices. Retail spending on credit and debit cards was unchanged in...
NZ dollar gains vs yen as BOJ reiterates commitment to stimulus, low rates
By Rebecca Howard July 10 (BusinessDesk) - The New Zealand dollar rose against a broadly weaker yen after the Bank of Japan affirmed its commitment to its massive stimulus programme, highlighting the contrast to the US Federal Reserve intent on making its third interest rate h...
NZ lamb exports fall in May as Chinese demand dwindles
By Rebecca Howard July 10 (BusinessDesk) - Strong volumes of New Zealand lamb exported through April did not flow into May after Chinese buyers stockpiled inventory earlier in the year, according to AgriHQ. Total shipments for the month were 30,683 tonnes, down 11 percent v...
Prev
