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NZ economy grows faster-than-forecast 0.9% in 4th quarter on business services, retail; kiwi jumps

NZ economy grows faster-than-forecast 0.9% in 4th quarter on business services, retail; kiwi jumps

By Paul McBeth March 17 (BusinessDesk) - New Zealand's economy grew at a faster pace than expected in the final three months of 2015 on increased activity in business services, a boost in retail and accommodation spending, and renewed construction activity. The kiwi dollar jum...

Paul McBeth 16 Mar 2016
Jetstar caves in on 'opt-out' services for fare bookings after NZ regulator threatens court action

Jetstar caves in on 'opt-out' services for fare bookings after NZ regulator threatens court action

By Jonathan Underhill March 17 (BusinessDesk) - Jetstar has agreed to drop the use of pre-selected 'opt-out' services when selling airline tickets online after the Commerce Commission concluded there were grounds to prosecute the Qantas Airways subsidiary under the Fair Tradin...

Jonathan Underhill 16 Mar 2016
NZ dollar jumps a US cent after Fed pulls back forecast interest rate hikes

NZ dollar jumps a US cent after Fed pulls back forecast interest rate hikes

By Tina Morrison March 17 (BusinessDesk) - The New Zealand dollar jumped a cent against the US dollar after the Federal Reserve pulled back its expectations for US interest rate hikes this year, on concern about the impact of slower global growth. The kiwi increased to 67 U...

Tina Morrison 16 Mar 2016
While you were sleeping: Positioning for the Fed

While you were sleeping: Positioning for the Fed

Margreet Dietz 16 Mar 2016
Zespri drops $13.9 mln provision for China invoicing scandal, ups profit forecast

Zespri drops $13.9 mln provision for China invoicing scandal, ups profit forecast

Fiona Rotherham 16 Mar 2016
MARKET CLOSE: NZ shares fall, breaking 12-session streak; Xero, Genesis drop, SkyCity and Sky TV gain

MARKET CLOSE: NZ shares fall, breaking 12-session streak; Xero, Genesis drop, SkyCity and Sky TV gain

Sophie Boot 16 Mar 2016
NZ dollar holds near two-week low ahead of FOMC meeting, GDP data

NZ dollar holds near two-week low ahead of FOMC meeting, GDP data

Paul McBeth 16 Mar 2016
RAM investor McIntosh allowed to keep principal, not fictitious profits: Appeal Court

RAM investor McIntosh allowed to keep principal, not fictitious profits: Appeal Court

Paul McBeth 16 Mar 2016
NZ Rugby turns to a full-year loss as it increases provincial funding

NZ Rugby turns to a full-year loss as it increases provincial funding

Sophie Boot 16 Mar 2016
Trustees now under the gun over environment, social and governance issues, says RIAA chair

Trustees now under the gun over environment, social and governance issues, says RIAA chair

Fiona Rotherham 16 Mar 2016
Rabobank NZ posts 26% drop in annual profit, increases provisions for potential losses

Rabobank NZ posts 26% drop in annual profit, increases provisions for potential losses

Tina Morrison 16 Mar 2016
NZ banks strong enough to withstand prolonged weakness in dairy prices: RBNZ

NZ banks strong enough to withstand prolonged weakness in dairy prices: RBNZ

Paul McBeth 16 Mar 2016
Big carbon emitters to lose ETS subsidy: Bennett

Big carbon emitters to lose ETS subsidy: Bennett

Pattrick Smellie 16 Mar 2016
Fonterra confirms plan to close Kaikoura cheese plant to boost efficiency

Fonterra confirms plan to close Kaikoura cheese plant to boost efficiency

Tina Morrison 15 Mar 2016
Career public servant Andrew Hampton appointed director of GCSB

Career public servant Andrew Hampton appointed director of GCSB

Sophie Boot 15 Mar 2016
Tourists help narrow NZ’s annual current account deficit, offsetting drop in dairy exports

Tourists help narrow NZ’s annual current account deficit, offsetting drop in dairy exports

Jonathan Underhill 15 Mar 2016
Chorus to cover brokerage for small shareholders wanting to sell

Chorus to cover brokerage for small shareholders wanting to sell

Paul McBeth 15 Mar 2016
NZ dollar slides to 2-week low on weaker commodity, dairy prices

NZ dollar slides to 2-week low on weaker commodity, dairy prices

Tina Morrison 15 Mar 2016
Squirrel warns of Auckland house price correction risks in fundraising

Squirrel warns of Auckland house price correction risks in fundraising

Fiona Rotherham 15 Mar 2016
While you were sleeping: Equities fall with commodities

While you were sleeping: Equities fall with commodities

Margreet Dietz 15 Mar 2016
Dairy product prices resume slide on global glut

Dairy product prices resume slide on global glut

Margreet Dietz 15 Mar 2016
Hotchin prepared to flip-flop in dogged pursuit of Guardian Trust

Hotchin prepared to flip-flop in dogged pursuit of Guardian Trust

Paul McBeth 15 Mar 2016
MARKET CLOSE: NZ shares rise on continued hunger for yield; SkyCity, Freightways up, Skellerup down

MARKET CLOSE: NZ shares rise on continued hunger for yield; SkyCity, Freightways up, Skellerup down

Sophie Boot 15 Mar 2016
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