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World Week Ahead: Optimism intact

World Week Ahead: Optimism intact

By Jonathan Underhill Aug. 4 (BusinessDesk) -

03 Aug 2014
NZ dollar heads for 0.8% weekly decline after Fonterra cuts payout, US GDP beats expectations

NZ dollar heads for 0.8% weekly decline after Fonterra cuts payout, US GDP beats expectations

By Tina Morrison Aug. 1 (BusinessDesk) - The New Zealand dollar is headed for a 0.8 percent weekly decline as more buoyant US data bolstered demand for the greenback and kiwi sentiment was dented by Fonterra Cooperative Group cutting its forecast payout and speculation that th...

01 Aug 2014
RESEND: MARKET CLOSE: NZ shares join global sell off; Gentrack plunges on profit warning

RESEND: MARKET CLOSE: NZ shares join global sell off; Gentrack plunges on profit warning

By Suze Metherell Aug. 1 (BusinessDesk) - New Zealand shares fell, led by Xero, A2 Milk Co and Pacific Edge, joining a global sell off as geopolitical risk spooked investors. Gentrack Group plunged below its offer price after saying it would miss its prospectus forecast for sa...

01 Aug 2014