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NZ dollar rises above 71 US cents for first time in 3 months after weak US data

NZ dollar rises above 71 US cents for first time in 3 months after weak US data

By Jonathan Underhill May 31 (BusinessDesk) - The New Zealand dollar rose above 71 US cents for the first time since early March after weak US data raised doubts about further Federal Reserve interest rate hikes after one expected in June. The kiwi dollar traded at 70.94 US...

Jonathan Underhill 30 May 2017
While you were sleeping: Wall St moves lower

While you were sleeping: Wall St moves lower

By Margreet Dietz May 31 (BusinessDesk) - Wall Street slipped from record highs, while oil prices also declined. Investors are focused on the latest US jobs data, with Friday’s government nonfarm payrolls report expected to show a gain of 185,000 positions expected, accordi...

Margreet Dietz 30 May 2017
MARKET CLOSE: NZ stocks down, Orion falls while Mainfreight gains on record profit

MARKET CLOSE: NZ stocks down, Orion falls while Mainfreight gains on record profit

By Sophie Boot May 30 (BusinessDesk) - New Zealand shares were virtually unchanged today in weak trading, with Orion Health Group dropping on capital raising news while Mainfreight gained after posting a record annual profit. The S&P/NZX50 Index dropped 0.79 points, or 0.01...

Tina Morrison 30 May 2017
NZ dollar holds near highest in almost 4 months vs Aussie as parity talk re-appears

NZ dollar holds near highest in almost 4 months vs Aussie as parity talk re-appears

Rebecca Howard 30 May 2017
Serco NZ narrows annual loss, budgets $3.2m more for Mt Eden penalty charges

Serco NZ narrows annual loss, budgets $3.2m more for Mt Eden penalty charges

Tina Morrison 30 May 2017
Tiwai Point smelter profit more than halves in 2016

Tiwai Point smelter profit more than halves in 2016

Pattrick Smellie 30 May 2017
Stride Property beats forecast with annual profit on valuation gains

Stride Property beats forecast with annual profit on valuation gains

Jonathan Underhill 30 May 2017
Auckland University gets share of $215M investment deal for commercialisation

Auckland University gets share of $215M investment deal for commercialisation

Rebecca Howard 30 May 2017
MediaWorks confident of sorting out TV problem child after 2016 loss

MediaWorks confident of sorting out TV problem child after 2016 loss

Paul McBeth 30 May 2017
Summerset Group to sell $100m of six-year retail bonds

Summerset Group to sell $100m of six-year retail bonds

Rebecca Howard 30 May 2017
RBNZ affirms view that Kiwibank convertible bonds don't meet capital adequacy rules

RBNZ affirms view that Kiwibank convertible bonds don't meet capital adequacy rules

Jonathan Underhill 30 May 2017
NZ residential building consents fall 7.6% in April due to Easter holiday

NZ residential building consents fall 7.6% in April due to Easter holiday

Tina Morrison 29 May 2017
Augusta Capital annual profit drops 42% as it changes focus to syndication, management

Augusta Capital annual profit drops 42% as it changes focus to syndication, management

Tina Morrison 29 May 2017
Moa Group narrows its FY17 loss as revenue continues to lift

Moa Group narrows its FY17 loss as revenue continues to lift

Rebecca Howard 29 May 2017
Orion to raise $32.9M in rights offer after posting full-year loss, sees profit in 2018

Orion to raise $32.9M in rights offer after posting full-year loss, sees profit in 2018

Pattrick Smellie 29 May 2017
IkeGPS widens annual loss, predicts sales growth and breakeven in 2018

IkeGPS widens annual loss, predicts sales growth and breakeven in 2018

Tina Morrison 29 May 2017
Mainfreight FY profit rises 16%, tops $100M for the first time, on strong ANZ performance

Mainfreight FY profit rises 16%, tops $100M for the first time, on strong ANZ performance

Jonathan Underhill 29 May 2017
ERoad reports wider FY17 net loss but slightly better than forecast

ERoad reports wider FY17 net loss but slightly better than forecast

Rebecca Howard 29 May 2017
Synlait forecasts new season payout at $6.50kg/MS, buys Auckland canning plant

Synlait forecasts new season payout at $6.50kg/MS, buys Auckland canning plant

Pattrick Smellie 29 May 2017
NZ dollar falls from 3-week high vs euro after Draghi says stimulus still needed

NZ dollar falls from 3-week high vs euro after Draghi says stimulus still needed

Jonathan Underhill 29 May 2017
While you were sleeping: Draghi to stick with QE

While you were sleeping: Draghi to stick with QE

Margreet Dietz 29 May 2017
Businesses over-egg the power of corporate tax cuts, says English

Businesses over-egg the power of corporate tax cuts, says English

Pattrick Smellie 29 May 2017
NZ dollar gains vs Aussie as kiwi comes back into favour on cross trade

NZ dollar gains vs Aussie as kiwi comes back into favour on cross trade

Jonathan Underhill 29 May 2017
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