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Fonterra forecast milk price unchanged at $4.25/kgMS; tweaks planned for milk price manual

Fonterra forecast milk price unchanged at $4.25/kgMS; tweaks planned for milk price manual

By Jonathan Underhill Aug. 1 (BusinessDesk) - Fonterra Cooperative Group kept its forecast farmgate milk price unchanged at $4.25 per kilogram of milk solids while proposing a change to the way it calculates the payout that could add 5 cents/kgMS. The forecast milk price fo...

Jonathan Underhill 31 Jul 2016
NZ dollar rises to two-week high as weaker US growth weighs on greenback

NZ dollar rises to two-week high as weaker US growth weighs on greenback

By Jonathan Underhill Aug. 1 (BusinessDesk) - The New Zealand dollar rose to a two-week high after figures showed the US economy grew less than expected in the second quarter while some economists are becoming more bullish about the domestic economy. The kiwi traded at 71.9...

Jonathan Underhill 31 Jul 2016
World Week Ahead: US jobs, Bank of England

World Week Ahead: US jobs, Bank of England

By Jonathan Underhill Aug. 1 (BusinessDesk) - After the Federal Open Market Committee signalled it might hike interest rates this year, investors will closely watch the latest US jobs data including the government’s nonfarm payrolls report on Friday. First, there is the ADP...

Jonathan Underhill 31 Jul 2016
Ex-Tower CEO Sam Stubbs sets out to 'disrupt' high fees KiwiSaver plans

Ex-Tower CEO Sam Stubbs sets out to 'disrupt' high fees KiwiSaver plans

Pattrick Smellie 31 Jul 2016
MARKET CLOSE: NZ shares gain as investors 'buy the rumour'; MRP becomes Mercury

MARKET CLOSE: NZ shares gain as investors 'buy the rumour'; MRP becomes Mercury

Sophie Boot 29 Jul 2016
NZ dollar falls vs yen as Bank of Japan delivers less stimulus than expected

NZ dollar falls vs yen as Bank of Japan delivers less stimulus than expected

Jonathan Underhill 29 Jul 2016
Fletcher trims $12 mln from slimmed down Higgins acquisition

Fletcher trims $12 mln from slimmed down Higgins acquisition

Paul McBeth 29 Jul 2016
Moa stresses it has no undisclosed plans

Moa stresses it has no undisclosed plans

Pattrick Smellie 29 Jul 2016
Kingfish's Fisher says over-valued NZ shares have 'no room for earnings disappointment'

Kingfish's Fisher says over-valued NZ shares have 'no room for earnings disappointment'

Fiona Rotherham 29 Jul 2016
Investors press NZOG to resume dividends after return to profit

Investors press NZOG to resume dividends after return to profit

Pattrick Smellie 29 Jul 2016
NZ business confidence dips in June as agriculture feels the pinch, construction stays positive

NZ business confidence dips in June as agriculture feels the pinch, construction stays positive

Sophie Boot 29 Jul 2016
Statistics NZ delays June household labour force survey for two weeks

Statistics NZ delays June household labour force survey for two weeks

Paul McBeth 29 Jul 2016
Bethunes signals capital raise will come if and when investment opportunity arises

Bethunes signals capital raise will come if and when investment opportunity arises

Paul McBeth 29 Jul 2016
Todd gains clearance to sell 20% stake in former gold mine land to Coeur Mining

Todd gains clearance to sell 20% stake in former gold mine land to Coeur Mining

Sophie Boot 29 Jul 2016
NZ wool prices gain at auction as buyers favour wider South Island selection

NZ wool prices gain at auction as buyers favour wider South Island selection

Tina Morrison 29 Jul 2016
NZ residential building consents hit highest annual total in more than a decade

NZ residential building consents hit highest annual total in more than a decade

Tina Morrison 28 Jul 2016
Mainfreight's Plested gives recipe for NZ including capital gains tax, performance pay for teachers

Mainfreight's Plested gives recipe for NZ including capital gains tax, performance pay for teachers

Jonathan Underhill 28 Jul 2016
Veritas says earnings fell within guidance

Veritas says earnings fell within guidance

Paul McBeth 28 Jul 2016
Carter Holt loses bid to toss out huge leaky schools suit

Carter Holt loses bid to toss out huge leaky schools suit

Paul McBeth 28 Jul 2016
OceanaGold first-half profit almost triples on gold price recovery, increased output

OceanaGold first-half profit almost triples on gold price recovery, increased output

Jonathan Underhill 28 Jul 2016
NZ dollar dips below 71 US cts as investors eye more Bank of Japan stimulus

NZ dollar dips below 71 US cts as investors eye more Bank of Japan stimulus

Paul McBeth 28 Jul 2016
While you were sleeping: Ford Motor drops

While you were sleeping: Ford Motor drops

Margreet Dietz 28 Jul 2016
NZ dollar rises above 71 US cents on lack of urgency from Fed to hiking rates

NZ dollar rises above 71 US cents on lack of urgency from Fed to hiking rates

Jonathan Underhill 28 Jul 2016
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