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While you were sleeping: Wall St, Treasuries gain before Powell testimony

While you were sleeping: Wall St, Treasuries gain before Powell testimony

By Margreet Dietz Feb. 27 (BusinessDesk) - Wall Street climbed, as did US Treasuries, amid bets Federal Reserve Chairman Jerome Powell will signal the central bank’s still eyeing three interest rate increases this year. In 1.24pm trading in New York, the Dow Jones Industria...

Margreet Dietz 26 Feb 2018
MARKET CLOSE: NZ shares join global rally amid earnings optimism, led by Summerset, Z

MARKET CLOSE: NZ shares join global rally amid earnings optimism, led by Summerset, Z

By Paul McBeth Feb. 26 (BusinessDesk) - New Zealand shares joined a global rally, buoyed by optimism over local earnings with retirement village operator Summerset Group gaining for a second day, in contrast to rival Metlifecare which disappointed investors.  The S&P/NZX 50...

Paul McBeth 26 Feb 2018
NZ dollar gains as markets wager Fed chair Powell's testimony will be measured

NZ dollar gains as markets wager Fed chair Powell's testimony will be measured

By Rebecca Howard Feb. 26 (BusinessDesk) - The New Zealand dollar gained as markets wager new US Federal Reserve chair Jerome Powell will remain measured in his first testimony this week, adding to the view that the Fed will only lift interest rates three times this year. ...

Rebecca Howard 26 Feb 2018
UPDATE: Metlifecare shares fall 4.8% as posts drop as first-half profit falls 66%

UPDATE: Metlifecare shares fall 4.8% as posts drop as first-half profit falls 66%

Tina Morrison 26 Feb 2018
Transpower seeks up to $125 mln in new bond ahead of November maturity

Transpower seeks up to $125 mln in new bond ahead of November maturity

Paul McBeth 26 Feb 2018
Chorus open to convergence in fixed, mobile networks, CEO McKenzie says

Chorus open to convergence in fixed, mobile networks, CEO McKenzie says

Paul McBeth 26 Feb 2018
Chorus first-half profit drops 29% as wireless competition bites; signals job cuts in cost-cutting drive

Chorus first-half profit drops 29% as wireless competition bites; signals job cuts in cost-cutting drive

Paul McBeth 25 Feb 2018
CBL appoints voluntary administrators to 'preserve value' after interim liquidation

CBL appoints voluntary administrators to 'preserve value' after interim liquidation

Paul McBeth 25 Feb 2018
NZ dollar holds below 73 US cts as Fed chair Powell testimony comes into focus

NZ dollar holds below 73 US cts as Fed chair Powell testimony comes into focus

Paul McBeth 25 Feb 2018
World Week Ahead: Rate path check from Powell

World Week Ahead: Rate path check from Powell

Paul McBeth 25 Feb 2018
RBNZ gets High Court order putting CBL Insurance into interim liquidation

RBNZ gets High Court order putting CBL Insurance into interim liquidation

Paul McBeth 23 Feb 2018
MARKET CLOSE: NZ shares rise, led by Summerset, Metlifecare, Comvita falls after flagging poor season

MARKET CLOSE: NZ shares rise, led by Summerset, Metlifecare, Comvita falls after flagging poor season

Jonathan Underhill 23 Feb 2018
NZ dollar heads for 1.2% weekly fall as greenback finds favour on rate hike view

NZ dollar heads for 1.2% weekly fall as greenback finds favour on rate hike view

Rebecca Howard 23 Feb 2018
CORRECT: Northport upbeat on regional fund, helps lift Marsden Maritime 1H profit 5.4%

CORRECT: Northport upbeat on regional fund, helps lift Marsden Maritime 1H profit 5.4%

Rebecca Howard 23 Feb 2018
Seeka annual profit falls 44% on lower kiwifruit volumes, impaired banana business

Seeka annual profit falls 44% on lower kiwifruit volumes, impaired banana business

Paul McBeth 23 Feb 2018
Pyne Gould first-half profit gains on Wilaci settlement

Pyne Gould first-half profit gains on Wilaci settlement

Paul McBeth 23 Feb 2018
A personal obituary: Rob Cameron

A personal obituary: Rob Cameron

Pattrick Smellie 23 Feb 2018
Steel & Tube may be interested in Fletcher assets if review prompts sales, CEO Malpass says

Steel & Tube may be interested in Fletcher assets if review prompts sales, CEO Malpass says

Paul McBeth 23 Feb 2018
Countdown supermarkets 1H earnings fall 7.7% on rising cost of investment

Countdown supermarkets 1H earnings fall 7.7% on rising cost of investment

Rebecca Howard 22 Feb 2018
Regional growth fund trickle today becomes avalanche in election year

Regional growth fund trickle today becomes avalanche in election year

Pattrick Smellie 22 Feb 2018
Port of Tauranga's Cairns says export growth in 1H suggests 'economy in not too bad a shape'

Port of Tauranga's Cairns says export growth in 1H suggests 'economy in not too bad a shape'

Jonathan Underhill 22 Feb 2018
NZ quarterly retail sales rise 1.7% in 4th-qtr, adding to upbeat electronic cards data

NZ quarterly retail sales rise 1.7% in 4th-qtr, adding to upbeat electronic cards data

Jonathan Underhill 22 Feb 2018
Kiwibank first-half profit sinks 32% as IT costs mount

Kiwibank first-half profit sinks 32% as IT costs mount

Paul McBeth 22 Feb 2018
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