All News

Joan Withers tapped as Warehouse chair, won't seek re-appointment at TVNZ
By Sophie Boot July 1 (BusinessDesk) - Professional director Joan Withers will take over as chair of Warehouse Group in September, having decided she won't seek reappointment to her role as chair of Television New Zealand when her term ends early next year. Withers has a lo...

NZ dollar hits 3-year high vs. British pound as Bank of England signals rate cuts
By Tina Morrison July 1 (BusinessDesk) - The New Zealand dollar touched a fresh three-year high against the British pound after the Bank of England signalled it planned to cut interest rates to counter the impact of the UK's decision to leave the European Union. The kiwi re...

While you were sleeping: Carney signals stimulus
By Margreet Dietz July 1 (BusinessDesk) - Stocks rose, while the British pound weakened, as Bank of England Governor Mark Carney signalled the central bank will likely ease monetary policy in the coming months to offset the impact of the UK’s decision to leave the European Uni...