All News
NZ dollar gains as record February trade surplus affirms local growth story
By Paul McBeth March 27 (BusinessDesk) - The New Zealand dollar rose after a record trade surplus for the month of February fuelled optimism about local economic growth, which has tipped the Reserve Bank into a tightening cycle to head off the threat of future inflation. The...
Government issues fracking guidelines ahead of parliamentary watchdog’s report
March 27 (BusinessDesk) – The government has issued what it says are best practice guidelines for undertaking hydraulic fracturing, or fracking, including how to undertake so-called “land farming” and warning that fracking fluids can migrate into drinking water and need to be con...
Methven cuts guidance as ‘soft’ trading conditions endure; shares drop
March 27 (BusinessDesk) – Methven, the tap-maker and distributer, cut its full-year earnings guidance for a second time, saying soft trading conditions it flagged in January have continued for longer than expected. The shares dropped 4.7 percent to $1.23 and have declined 8.5 p...
Prev
