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NZ Dollar Outlook: Kiwi seen heading lower as traders bet on US rate hikes

NZ Dollar Outlook: Kiwi seen heading lower as traders bet on US rate hikes

By Tina Morrison Nov. 9 (BusinessDesk) - The New Zealand dollar, which has shed more than 3 percent so far this month, is likely to drop further this week as momentum builds for interest rate hikes in the US. The kiwi may trade between 62.85 US cents and 67.50 cents this we...

Tina Morrison 09 Nov 2015
NZ Post sells Converga subsidiary to Canon for undisclosed amount

NZ Post sells Converga subsidiary to Canon for undisclosed amount

By Fiona Rotherham Nov. 9 (BusinessDesk) - New Zealand Post Group has sold its wholly owned subsidiary Converga to Canon Australia for an undisclosed sum. Converga, which specialises in business process outsourcing with a focus on digital document solutions, employs 1,300 s...

Fiona Rotherham 09 Nov 2015
UPDATE: Wellington's Chow brothers plan to list on NZAX via RIS Group

UPDATE: Wellington's Chow brothers plan to list on NZAX via RIS Group

(Adds comment from the Chow brothers) By Tina Morrison Nov. 9 (BusinessDesk) - Wellington businessmen John and Michael Chow, the property developers and brothel owners, plan to list some assets on the NZAX market by taking over shell company RIS Group. RIS Group agreed t...

Tina Morrison 09 Nov 2015
Vector sells regional gas pipelines to focus on Auckland in $952m deal

Vector sells regional gas pipelines to focus on Auckland in $952m deal

Pattrick Smellie 08 Nov 2015
Methven first-half profit based on old balance date rises 20%, will pay 3 cent special dividend

Methven first-half profit based on old balance date rises 20%, will pay 3 cent special dividend

Jonathan Underhill 08 Nov 2015
AWF Madison increases 1H profit 17%, expects 'satisfactory' full-year result

AWF Madison increases 1H profit 17%, expects 'satisfactory' full-year result

Tina Morrison 08 Nov 2015
NZ dollar drops below 65 US cents as case for Fed rate hike builds

NZ dollar drops below 65 US cents as case for Fed rate hike builds

Tina Morrison 08 Nov 2015
World Week Ahead: US consumer in spotlight

World Week Ahead: US consumer in spotlight

Tina Morrison 08 Nov 2015
MARKET CLOSE: NZ shares slip from record high; ANZ Bank, Spark fall, Warehouse gains

MARKET CLOSE: NZ shares slip from record high; ANZ Bank, Spark fall, Warehouse gains

Sophie Boot 06 Nov 2015
NZ wool gains as price declines lure Chinese buyers

NZ wool gains as price declines lure Chinese buyers

Tina Morrison 06 Nov 2015
NZ dollar heads for 2.4% weekly drop as US rate hikes back in focus, payrolls looms

NZ dollar heads for 2.4% weekly drop as US rate hikes back in focus, payrolls looms

Paul McBeth 06 Nov 2015
NZX taps Guy Elliffe, John Williams to Smartshares board

NZX taps Guy Elliffe, John Williams to Smartshares board

Suze Metherell 06 Nov 2015
Colonial Motor Co expects 2016 profit, dividends to match 2015

Colonial Motor Co expects 2016 profit, dividends to match 2015

Tina Morrison 06 Nov 2015
All-renewables Meridian calls for Genesis to keep coal-fired power station open

All-renewables Meridian calls for Genesis to keep coal-fired power station open

Pattrick Smellie 06 Nov 2015
Hanover investors to get first cash payment in six years as Deloitte prepares settlement

Hanover investors to get first cash payment in six years as Deloitte prepares settlement

Paul McBeth 06 Nov 2015
Meridian defends special dividends over buybacks, promises review

Meridian defends special dividends over buybacks, promises review

Pattrick Smellie 06 Nov 2015
Fonterra to offer milk powder at GDT auction with guaranteed age limit at premium price

Fonterra to offer milk powder at GDT auction with guaranteed age limit at premium price

Jonathan Underhill 06 Nov 2015
Warehouse launches self-branded financial services, two credit cards, and signals pre-pay mobile coming

Warehouse launches self-branded financial services, two credit cards, and signals pre-pay mobile coming

Fiona Rotherham 06 Nov 2015
TPP central banks to refrain from currency manipulation

TPP central banks to refrain from currency manipulation

Paul McBeth 05 Nov 2015
Spark says 1Q results 'on plan', affirms annual guidance

Spark says 1Q results 'on plan', affirms annual guidance

Pattrick Smellie 05 Nov 2015
WFF prize helps wasp-bait business Entecol to scale up for commercial sales

WFF prize helps wasp-bait business Entecol to scale up for commercial sales

Jonathan Underhill 05 Nov 2015
Heartland to amalgamate businesses, flags possible $100 mln capital return

Heartland to amalgamate businesses, flags possible $100 mln capital return

Suze Metherell 05 Nov 2015
TPP document shows net benefit for countries such as NZ dominated by SMEs, Ballingall says

TPP document shows net benefit for countries such as NZ dominated by SMEs, Ballingall says

Jonathan Underhill 05 Nov 2015
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