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NZ dollar heads for 0.6% weekly gain as gradual rise in US rates take sheen off greenback

NZ dollar heads for 0.6% weekly gain as gradual rise in US rates take sheen off greenback

By Paul McBeth Nov. 20 (BusinessDesk) - The New Zealand dollar is heading for a 0.6 percent gain this week as the prospect of US interest rates grinding higher at a slower pace than expected took the sheen off a greenback that reached an eight-month high. The kiwi was at 65...

Paul McBeth 20 Nov 2015
NZ lamb wool rises to record high heading into new season amid strong Chinese demand

NZ lamb wool rises to record high heading into new season amid strong Chinese demand

By Tina Morrison Nov. 20 (BusinessDesk) - New Zealand lamb wool prices jumped to a fresh record high heading into the new season amid strong demand from China. Lamb wool climbed to $7.50 per kilogram at yesterday's South Island auction, beating the previous record price of ...

Tina Morrison 20 Nov 2015
Cavalier promotes CFO Paul Alston to top job

Cavalier promotes CFO Paul Alston to top job

By Paul McBeth Nov. 20 (BusinessDesk) - Cavalier Corp, the unprofitable carpet maker, has promoted finance chief Paul Alston to the top job, a role he's had on an acting basis since Colin McKenzie stepped down in May. Alston joined Cavalier in November 2012 as chief financi...

Paul McBeth 20 Nov 2015
Dairy futures signal 6% gain at next GlobalDairyTrade auction, OMF says

Dairy futures signal 6% gain at next GlobalDairyTrade auction, OMF says

Tina Morrison 20 Nov 2015
UPDATE: Icebreaker mum on Pencarrow stake as Moon family cedes control

UPDATE: Icebreaker mum on Pencarrow stake as Moon family cedes control

20 Nov 2015
Less rigid rules key to success in Paris global climate change summit, Kerr says

Less rigid rules key to success in Paris global climate change summit, Kerr says

Pattrick Smellie 20 Nov 2015
NZ export log prices jump to 7-month high on pick up in Chinese demand

NZ export log prices jump to 7-month high on pick up in Chinese demand

Tina Morrison 20 Nov 2015
Spark joins firms tapping debt market, to sell up to $150 mln of seven-year bonds

Spark joins firms tapping debt market, to sell up to $150 mln of seven-year bonds

Sophie Boot 20 Nov 2015
Warehouse changes dividend payout to help fund new financial services arm

Warehouse changes dividend payout to help fund new financial services arm

Fiona Rotherham 20 Nov 2015
Kathmandu affirms 2016 profit growth guidance, tweaks marketing to reduce 'sales fatigue'

Kathmandu affirms 2016 profit growth guidance, tweaks marketing to reduce 'sales fatigue'

Jonathan Underhill 19 Nov 2015
Cooks Food shareholders back plans to build war chest through placement, share offer

Cooks Food shareholders back plans to build war chest through placement, share offer

Paul McBeth 19 Nov 2015
Pencarrow takes 38% stake in Icebreaker, appoints two directors

Pencarrow takes 38% stake in Icebreaker, appoints two directors

Paul McBeth 19 Nov 2015
Intueri pleads guilty to one charge over diving school death

Intueri pleads guilty to one charge over diving school death

Paul McBeth 19 Nov 2015
IkeGPS widens 1H loss to $3 mln; sees trebling of annual sales on strong smartphone demand

IkeGPS widens 1H loss to $3 mln; sees trebling of annual sales on strong smartphone demand

Sophie Boot 19 Nov 2015
Serko warns on annual sales as first-half comes in at bottom of range, may raise capital

Serko warns on annual sales as first-half comes in at bottom of range, may raise capital

Paul McBeth 19 Nov 2015
Blis forecasts doubling in full-year sales, small pretax surplus, after first-half loss narrows

Blis forecasts doubling in full-year sales, small pretax surplus, after first-half loss narrows

Jonathan Underhill 19 Nov 2015
Ryman boosts first-half profit 23%; reaffirms annual earnings guidance

Ryman boosts first-half profit 23%; reaffirms annual earnings guidance

Tina Morrison 19 Nov 2015
Increased Canterbury quake costs pushed Tower into the red this year

Increased Canterbury quake costs pushed Tower into the red this year

Paul McBeth 19 Nov 2015
NZ dollar tests 66 US cents as traders pull back bets on US dollar's advance

NZ dollar tests 66 US cents as traders pull back bets on US dollar's advance

Tina Morrison 19 Nov 2015
While you were sleeping: Gradualism embraced

While you were sleeping: Gradualism embraced

Margreet Dietz 19 Nov 2015
MARKET CLOSE: NZ shares rise, led by TradeMe; Westpac, ANZ gain with ASX rally

MARKET CLOSE: NZ shares rise, led by TradeMe; Westpac, ANZ gain with ASX rally

Sophie Boot 19 Nov 2015
NZ dollar squeezes higher after Fed minutes hold no new clues on rate track

NZ dollar squeezes higher after Fed minutes hold no new clues on rate track

Paul McBeth 19 Nov 2015
McIntosh's behaviour showed he wasn't aware of RAM problems, Appeal Court told

McIntosh's behaviour showed he wasn't aware of RAM problems, Appeal Court told

Jonathan Underhill 19 Nov 2015
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