MARKET CLOSE: NZ stocks rise, led by MetroGlass; SkyCity, A2 Milk fall
By Rebecca Howard April 28 (BusinessDesk) - New Zealand shares ended higher as positive economic data cheered investors and bargain hunters turned to stock like Metro Performance Glass although SkyCity Entertainment Group fell after posting weaker third-quarter sales and A2 M...
NZ exports rise 11% to 2-year high in March as dairy values increase
By Tina Morrison April 28 (BusinessDesk) - New Zealand's merchandise exports rose to their highest monthly level in two years in March as the value of dairy exports to China jumped by two thirds. Exports rose 11 percent to $4.65 billion in March compared with the same month...
NZ wool auction volumes remain high as farmers seek to move stockpiles
By Tina Morrison April 28 (BusinessDesk) - Volumes at New Zealand's weekly wool auction were higher than normal for this time of year as farmers try to shift bales they held back from previous auctions due to weak prices. Some 6,160 bales were offered at yesterday's North I...
NZ dairy expansion will hit limits as environmental impact grows, must chase value, Guy says
By Tina Morrison April 27 (BusinessDesk) - Primary Industries Minister Nathan Guy says there is a limit to further dairy intensification in New Zealand and growing exports in the future will depend more on increasing the value of products rather than the volume. The number...
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