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While you were sleeping: Equities, Treasuries slide as volatility returns

While you were sleeping: Equities, Treasuries slide as volatility returns

By Margreet Dietz Feb. 9 (BusinessDesk) - Equities on both sides of the Atlantic declined, as did government bonds, while commodities including oil, gold and copper also slid amid concern about higher interest rates.  Volatility returned to skittish financial markets as inv...

Margreet Dietz 08 Feb 2018
MARKET CLOSE: NZ shares dip as CBL Corp suspended, Fletcher in halt ahead of downgrade

MARKET CLOSE: NZ shares dip as CBL Corp suspended, Fletcher in halt ahead of downgrade

By Sophie Boot Feb. 8 (BusinessDesk) - New Zealand shares dipped as heightened global volatility continued to subside, while insurer CBL Corp was suspended pending regulatory investigations and Fletcher Building signalled another profit warning. The S&P/NZX50 Index fell 17....

Sophie Boot 08 Feb 2018
CDL Investments unfazed by changes to law changes for foreign buyers

CDL Investments unfazed by changes to law changes for foreign buyers

By Paul McBeth Feb. 8 (BusinessDesk) - Listed-residential property developer CDL Investments New Zealand, controlled by hotel operator Millennium & Copthorne Hotels New Zealand, isn't overly concerned by planned law changes for foreign buyers, although it warns the tweaks may...

Paul McBeth 08 Feb 2018
NZ dollar falls after RBNZ stands pat, signals no change on timing of hikes

NZ dollar falls after RBNZ stands pat, signals no change on timing of hikes

Rebecca Howard 08 Feb 2018
Investore investors overwhelmingly back purchase of Bunnings stores from manager

Investore investors overwhelmingly back purchase of Bunnings stores from manager

Paul McBeth 08 Feb 2018
Michael Hill warns of A$20 mln hit to first-half earnings on US exit, Emma & Roe closures

Michael Hill warns of A$20 mln hit to first-half earnings on US exit, Emma & Roe closures

Paul McBeth 08 Feb 2018
CBL shares suspended as NZX probes information disclosure after FMA, RBNZ concerns

CBL shares suspended as NZX probes information disclosure after FMA, RBNZ concerns

Sophie Boot 08 Feb 2018
RBNZ sits pat on expectation of renewed inflation, ready to cut if prices don't rise

RBNZ sits pat on expectation of renewed inflation, ready to cut if prices don't rise

Rebecca Howard 08 Feb 2018
NZX's Smartshares emerging markets ETF swells by almost 50% with new subscription

NZX's Smartshares emerging markets ETF swells by almost 50% with new subscription

Paul McBeth 08 Feb 2018
O'Connor wants broad review of Fonterra's enabling legislation, sector dynamics

O'Connor wants broad review of Fonterra's enabling legislation, sector dynamics

Jonathan Underhill 08 Feb 2018
Xero shares upgraded to 'buy' at CLSA on growing confidence in growth outlook

Xero shares upgraded to 'buy' at CLSA on growing confidence in growth outlook

Paul McBeth 08 Feb 2018
RBNZ's Spencer says narrow yield premium on NZ bonds vs US may widen again

RBNZ's Spencer says narrow yield premium on NZ bonds vs US may widen again

Rebecca Howard 08 Feb 2018
UPDATE: Fletcher likely working hard to get lenders onside to avoid having to raise new capital

UPDATE: Fletcher likely working hard to get lenders onside to avoid having to raise new capital

Jonathan Underhill 07 Feb 2018
Sterling Grace buys out Trustees Executors minorities for $4.9 mln

Sterling Grace buys out Trustees Executors minorities for $4.9 mln

Paul McBeth 07 Feb 2018
AMP New Zealand annual earnings creep up on cost cutting, bigger funds under management

AMP New Zealand annual earnings creep up on cost cutting, bigger funds under management

Paul McBeth 07 Feb 2018
UPDATE: RBNZ's Spencer keeps OCR at 1.75%, no hikes on the agenda until at least 2019

UPDATE: RBNZ's Spencer keeps OCR at 1.75%, no hikes on the agenda until at least 2019

Rebecca Howard 07 Feb 2018
ERoad looks to raise $6 mln in bigger share purchase plan

ERoad looks to raise $6 mln in bigger share purchase plan

Sophie Boot 07 Feb 2018
NZ dollar drops below 73 US cts ahead of RBNZ as global volatility subsides

NZ dollar drops below 73 US cts ahead of RBNZ as global volatility subsides

Paul McBeth 07 Feb 2018
While you were sleeping: Volatility eases, Snap jumps

While you were sleeping: Volatility eases, Snap jumps

Margreet Dietz 07 Feb 2018
MARKET CLOSE: NZ shares fall despite global recovery; CBL still in halt after downgrade

MARKET CLOSE: NZ shares fall despite global recovery; CBL still in halt after downgrade

Sophie Boot 07 Feb 2018
UPDATE: Bay of Plenty Maori partner with Japan's Imanaka on high-value dairy products

UPDATE: Bay of Plenty Maori partner with Japan's Imanaka on high-value dairy products

Tina Morrison 07 Feb 2018
NZ dollar pares gains as looming RBNZ review takes sheen off jobs data

NZ dollar pares gains as looming RBNZ review takes sheen off jobs data

Rebecca Howard 07 Feb 2018
South Port first-half profit climbs 19% as fertiliser shipments bolsters cargo flows

South Port first-half profit climbs 19% as fertiliser shipments bolsters cargo flows

Paul McBeth 07 Feb 2018
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