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MG Unit Trust units jump to 4-month high after Yili confirms approach to Murray Goulburn

MG Unit Trust units jump to 4-month high after Yili confirms approach to Murray Goulburn

By Jonathan Underhill Sept. 21 (BusinessDesk) - MG Unit Trust units jumped to their highest level in almost four months on the ASX after China's Inner Mongolia Yili Industrial Group confirmed it had joined the throng of dairy companies that are reportedly interested in bidding...

Jonathan Underhill 21 Sep 2017
MARKET CLOSE: NZ shares down, Fletcher drops while Restaurant Brands, Synlait gain

MARKET CLOSE: NZ shares down, Fletcher drops while Restaurant Brands, Synlait gain

By Sophie Boot Sept. 21 (BusinessDesk) - New Zealand shares closed lower, with Fletcher Building dropping while Synlait and Restaurant Brands gained on good sales. The S&P/NZX50 Index fell 23.83 points, or 0.3 percent, to 7,795.41. Within the index, 23 stocks fell, 16 rose...

Sophie Boot 21 Sep 2017
NZ dollar rangebound after Fed signals unwinding, election still in focus

NZ dollar rangebound after Fed signals unwinding, election still in focus

By Rebecca Howard Sept. 21 (BusinessDesk) - The New Zealand dollar gave up earlier gains after the US Federal Reserve announced a plan to start shrinking its balance sheet and signalled one more rate hike later this year, remaining rangebound ahead of Saturday's general electi...

Rebecca Howard 21 Sep 2017
AIA sees growth opportunities in lifting insurance cover in CommInsure, Sovereign buy

AIA sees growth opportunities in lifting insurance cover in CommInsure, Sovereign buy

Paul McBeth 21 Sep 2017
Powerhouse plans to sell down Invert Robotics stake for $1.3 mln

Powerhouse plans to sell down Invert Robotics stake for $1.3 mln

Sophie Boot 21 Sep 2017
UPDATE: Economists unimpressed as GDP growth comes in as expected

UPDATE: Economists unimpressed as GDP growth comes in as expected

Rebecca Howard 21 Sep 2017
Chorus plans underwrite for dividend reinvestment programme

Chorus plans underwrite for dividend reinvestment programme

Paul McBeth 20 Sep 2017
NZ net migration up in August, immigration outpaces New Zealanders leaving

NZ net migration up in August, immigration outpaces New Zealanders leaving

Sophie Boot 20 Sep 2017
UPDATE: Fletcher HR boss Kate Daly jumps ship to BNZ; quarry workers strike

UPDATE: Fletcher HR boss Kate Daly jumps ship to BNZ; quarry workers strike

Paul McBeth 20 Sep 2017
Restaurant Brands second-quarter sales jump 41% on overseas expansion

Restaurant Brands second-quarter sales jump 41% on overseas expansion

Tina Morrison 20 Sep 2017
CBA sells CommInsure, Sovereign to AIA Group for A$3.8 billion

CBA sells CommInsure, Sovereign to AIA Group for A$3.8 billion

Paul McBeth 20 Sep 2017
Fonterra names Roche Pharmaceuticals' Marc Rivers as CFO, starting next March

Fonterra names Roche Pharmaceuticals' Marc Rivers as CFO, starting next March

Jonathan Underhill 20 Sep 2017
NZ dollar gives up gains on Fed balance sheet unwinding

NZ dollar gives up gains on Fed balance sheet unwinding

Paul McBeth 20 Sep 2017
While you were sleeping: Wall St retreats from record highs

While you were sleeping: Wall St retreats from record highs

Margreet Dietz 20 Sep 2017
UPDATE: NZ dollar jumps as National leads in latest poll

UPDATE: NZ dollar jumps as National leads in latest poll

Rebecca Howard 20 Sep 2017
MARKET CLOSE: NZ shares gain as relief rally bolsters pipeline affected Air NZ, Z Energy

MARKET CLOSE: NZ shares gain as relief rally bolsters pipeline affected Air NZ, Z Energy

Paul McBeth 20 Sep 2017
Reserve Bank revamps rules for bank outsourcing to avoid failures

Reserve Bank revamps rules for bank outsourcing to avoid failures

Sophie Boot 20 Sep 2017
Transmission Gully earthworks estimate undershoots by 50%

Transmission Gully earthworks estimate undershoots by 50%

Paul McBeth 20 Sep 2017
Orion Health whittling down options raised in strategic review, sees first-half operating loss

Orion Health whittling down options raised in strategic review, sees first-half operating loss

Paul McBeth 20 Sep 2017
Turners Automotive sees FY18 pre-tax profit rising by as much as 26%

Turners Automotive sees FY18 pre-tax profit rising by as much as 26%

Rebecca Howard 20 Sep 2017
Seadragon forecasts smaller loss in FY18 on improved sales despite China, Europe challenges

Seadragon forecasts smaller loss in FY18 on improved sales despite China, Europe challenges

Sophie Boot 20 Sep 2017
NZ 2Q current account gap narrower than expected, annual deficit at 2.8% of GDP

NZ 2Q current account gap narrower than expected, annual deficit at 2.8% of GDP

Rebecca Howard 19 Sep 2017
Fletcher Building kicks off board changes, seeks construction experience

Fletcher Building kicks off board changes, seeks construction experience

Paul McBeth 19 Sep 2017
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