NZ vehicle sales continue to strengthen on economic optimism, more sales to tradies and farmers
By Sophie Boot Oct. 11 (BusinessDesk) - Local vehicle sales are continuing to reach record highs, despite expectations for a slowdown during the election and post-election uncertainty, with cheap credit and economic confidence buoying the market. Sales data from the Motor I...
MARKET CLOSE: NZX50 at new high as A2 hits fresh record; Z Energy, Fletcher Building fall
By Sophie Boot Oct. 10 (BusinessDesk) - New Zealand's benchmark stock index rose to a new record as investors latched on to companies with strong growth outlooks including A2 Milk Co, Xero and Fisher & Paykel Healthcare. Z Energy and Fletcher Building fell. The S&P/NZX50 In...
Serko shares climb 3.1% after lifting first-half earnings guidance
By Sophie Boot Oct. 10 (BusinessDesk) - Serko shares rose 3.1 percent after the online travel booking software firm said it expects first-half trading revenue to be at the top end of previous guidance, and reiterated it is expecting to post a maiden annual profit. Serko sai...
Centreport to demolish Stats House, fate of land, BNZ Building unclear
By Sophie Boot Oct. 10 (BusinessDesk) - Centreport will demolish Wellington's Statistics House following the damage the building sustained in the November 2016 Kaikōura earthquake, it has confirmed. In a statement, Centreport said the 12 year-old building's insurers have de...
Prev
