Lamb flap prices jump to 18-month high on Chinese New Year demand
By Tina Morrison Nov. 8 (BusinessDesk) - Lamb flap prices jumped to their highest level in a year and a half, driven by increased demand from China where buyers are stocking up for New Year celebrations. The price for lamb flaps rose to US$4.70 per kilogram in October, up f...
SkyCity names Graeme Stephens as new chief executive
By Tina Morrison Nov. 7 (BusinessDesk) - SkyCity Entertainment Group, New Zealand's dominant casino company, appointed Graeme Stephens as its new chief executive, replacing Nigel Morrison who resigned in April following an eight-year tenure. Zimbabwe-born Stephens, 53, is c...
Auckland house price hits new record in October, driven by high-end sales
By Tina Morrison Nov. 3 (BusinessDesk) - The average Auckland house price hit a new record last month, driven by an increase in sales of higher-value properties, according to the city's largest realtor. The average sale price rose 2.6 percent to $943,801 from September, and...
NZX cash trading gains for third consecutive month in October
By Tina Morrison Nov. 3 (BusinessDesk) - Cash trading on the NZX increased for a third straight month in October, as investors looked for returns in a low interest rate environment. The volume of cash market trading rose 9.9 percent to 135,630 in October from the same month...
Prev
