News in Brief

News in Brief
Napier Port guidance up on solid fruit and fibre exports
Markets

Napier Port guidance up on solid fruit and fibre exports

Napier Port has upgraded its guidance for the full year to between $39 million and $42m.

Staff reporters 16 Apr 2021
Wake Up Call: Wall Street surges to record high
Markets Wake Up Call

Wake Up Call: Wall Street surges to record high

Analysts are crediting the rise to booming retail sales and the lowest jobless claims since the pandemic began, as well as robust bank earnings.

Staff reporters 16 Apr 2021
Investors cash up $100m for renewable energy sell-off
Markets MARKET CLOSE

Investors cash up $100m for renewable energy sell-off

A new set of index rules will see 51 new stocks added to a BlackRock ETF tomorrow, greatly reducing the weight of the NZ stocks.

Dan Brunskill 15 Apr 2021
ASB overstated capital in Dec disclosure statement
Finance

ASB overstated capital in Dec disclosure statement

ASB Bank's December quarter disclosure statement overstated its capital position.

Staff reporters 15 Apr 2021