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Caniwi Capital in $60M Tegel factory buy-up, signals $100M more to spend

Caniwi Capital in $60M Tegel factory buy-up, signals $100M more to spend

July 26 (BusinessDesk) – Wellington-based private investment company Caniwi Capital has spent $60 million to buy two recently refurbished, long lease chicken processing plant leases from the Tegel chicken company, and says it has up to $100 million more to spend on other assets t...

25 Jul 2013
OceanaGold takes US$85.5M impairment as gold price falls

OceanaGold takes US$85.5M impairment as gold price falls

July 26 (BusinessDesk) – OceanaGold Corp has declared a US$70.5 million net loss in the second quarter, reflecting a US$85.5 million non-cash writedown in the carrying value of its New Zealand gold mining operations. The result for the three months ended June 30 reflects falling...

25 Jul 2013
South Australia approves ‘game changing’ SkyCity casino licence, allowing A$300M investment

South Australia approves ‘game changing’ SkyCity casino licence, allowing A$300M investment

July 26 (BusinessDesk) – The government of South Australia has passed a law extending SkyCity Entertainment Group’s exclusive casino licence, clearing the way for a A$300 million expansion of its riverside complex. Analysts say the Adelaide development is much more of a game-ch...

25 Jul 2013
NZ dollar surges after the Reserve Bank signals interest rates are headed up

NZ dollar surges after the Reserve Bank signals interest rates are headed up

25 Jul 2013
While you were sleeping Facebook mobile ads surprise

While you were sleeping Facebook mobile ads surprise

25 Jul 2013
NZ Select Committee recommends loophole for reflagging fishing vessels

NZ Select Committee recommends loophole for reflagging fishing vessels

25 Jul 2013
MARKET CLOSE NZ shares fall as kiwi gains on Aussie; Fletcher, Fonterra fall

MARKET CLOSE NZ shares fall as kiwi gains on Aussie; Fletcher, Fonterra fall

25 Jul 2013
NZ dollar climbs above 4-year high vs. Aust on hawkish RBNZ stance

NZ dollar climbs above 4-year high vs. Aust on hawkish RBNZ stance

25 Jul 2013
Livestock Improvement FY profit falls 3 percent as bull value gains slow

Livestock Improvement FY profit falls 3 percent as bull value gains slow

25 Jul 2013
Z Energy to raise up to $900 mln via IPO in payday for Infratil, NZ Super on 3-year investment

Z Energy to raise up to $900 mln via IPO in payday for Infratil, NZ Super on 3-year investment

25 Jul 2013
NZ rich get richer in NBR Rich List led by Hart; Drury’s wealth grows fastest

NZ rich get richer in NBR Rich List led by Hart; Drury’s wealth grows fastest

25 Jul 2013
Fonterra Fund slides 3.7 percent as dairy exporter’s 2013 earnings lag forecasts

Fonterra Fund slides 3.7 percent as dairy exporter’s 2013 earnings lag forecasts

25 Jul 2013
NZ Oil and Gas cedes promising Kakapo permit after failing to attract farm-in partner

NZ Oil and Gas cedes promising Kakapo permit after failing to attract farm-in partner

24 Jul 2013
RBNZ zeroes in on threat of housing, construction fuelling inflation

RBNZ zeroes in on threat of housing, construction fuelling inflation

24 Jul 2013
NZ dollar gains as Wheeler signals end to stimulus as housing heat spreads

NZ dollar gains as Wheeler signals end to stimulus as housing heat spreads

24 Jul 2013
Fonterra 2013 earnings to lag forecasts over NZ drought, Australian competition

Fonterra 2013 earnings to lag forecasts over NZ drought, Australian competition

24 Jul 2013
RBNZ keeps OCR at 2.5 percent, will mull hikes if housing, construction spurs wider inflation

RBNZ keeps OCR at 2.5 percent, will mull hikes if housing, construction spurs wider inflation

24 Jul 2013
NZ dollar weakens on greenback demand before RBNZ interest rate decision

NZ dollar weakens on greenback demand before RBNZ interest rate decision

24 Jul 2013
While you were sleeping Dow slips from record

While you were sleeping Dow slips from record

24 Jul 2013
RESEND NZ dollar falls on weaker Chinese manufacturing, faster Aust inflation; RBNZ looms

RESEND NZ dollar falls on weaker Chinese manufacturing, faster Aust inflation; RBNZ looms

24 Jul 2013
Heartland signals boardroom tweaks to meet RBNZ guidelines

Heartland signals boardroom tweaks to meet RBNZ guidelines

24 Jul 2013
MARKET CLOSE NZ shares rise, Ryman, Ebos reach records; Diligent falls

MARKET CLOSE NZ shares rise, Ryman, Ebos reach records; Diligent falls

24 Jul 2013
NZ dollar falls on weaker Chinese manufacturing, faster Aust inflation; RBNZ looms

NZ dollar falls on weaker Chinese manufacturing, faster Aust inflation; RBNZ looms

24 Jul 2013
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