NZ log prices advance in 'humming' forestry sector, AgriHQ says
By Tina Morrison May 22 (BusinessDesk) - New Zealand export log prices generally rose this month, as key fundamentals move in the country's favour, AgriHQ said. Prices lifted through all unpruned export log grades this month, while pruned logs experienced some minor weaknes...
MARKET CLOSE: NZ shares higher on gains in large caps, Ryman weighs
May 19 (BusinessDesk) - New Zealand shares rose, led by Kathmandu and Air New Zealand, as improving global sentiment sparked interest in some of the biggest companies on the bourse, although Ryman Healthcare fell after earnings disappointed some investors. The S&P/NZX 50 Index...
MARKET CLOSE: NZ shares fall, led by Xero, Fletcher as investors grow more risk averse
By Rebecca Howard May 18 (BusinessDesk) - Ongoing jitters about US politics pushed New Zealand stocks lower as investors took risk off the table, with Xero, Fletcher Building and A2 Milk leading the decline on the local bourse. The S&P/NZX 50 Index fell 51 points, or 0.7 p...
Pushpay annual loss widens as it invests to drive US growth
By Tina Morrison May 18 (BusinessDesk) - Pushpay Holdings, whose mobile payment app allows churches to raise money from parishioners, posted a wider annual loss as it invests for future growth. It reiterated its financial targets for this year. The loss widened to US$25.3 m...
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