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NZ manufacturing bounces in May, PMI shows

NZ manufacturing bounces in May, PMI shows

By Hannah Lynch June 15 (BusinessDesk) - New Zealand's manufacturing sector expanded last month at the fastest clip for the month of May since 2006, led by production and new orders. The BNZ-BusinessNZ Performance of Services Index rose 7.5 points in seasonally adjusted terms t...

14 Jun 2012
Meridian Energy commits $169 mln to new Wellington wind farm

Meridian Energy commits $169 mln to new Wellington wind farm

By Pattrick Smellie June 15 (BusinessDesk) - Meridian Energy has given the green light to building a new $169 million wind farm in the Ohariu Valley between Wellington and Porirua cities, following the success of its West Wind development just to the south. The 26-turbine Mill...

14 Jun 2012
Fonterra buys NZ Dairies’ milk powder plant from receivers

Fonterra buys NZ Dairies’ milk powder plant from receivers

May 18 (BusinessDesk) – Fonterra Cooperative Group has agreed to buy the South Canterbury milk powder plant of New Zealand Dairies, the Russian-owned company that went into receivership last month. No price was disclosed for the plant at Studholme, which can process about 150 m...

14 Jun 2012
INM to delist NZX shares, haven't traded since 2007

INM to delist NZX shares, haven't traded since 2007

14 Jun 2012
IRG full-year loss widens to $1.1 mln as costs rise; assets under review

IRG full-year loss widens to $1.1 mln as costs rise; assets under review

14 Jun 2012
NZ dollar rises above 78 US cents for first time in month on prospects of Fed easing

NZ dollar rises above 78 US cents for first time in month on prospects of Fed easing

14 Jun 2012
While you were sleeping: Fed stimulus bets on the rise

While you were sleeping: Fed stimulus bets on the rise

14 Jun 2012
Guinness Peat to sell holding in Young & Co’s Brewery for 54.1 million pounds

Guinness Peat to sell holding in Young & Co’s Brewery for 54.1 million pounds

14 Jun 2012
NZ law firms band together to point out flaws in securities law overhaul

NZ law firms band together to point out flaws in securities law overhaul

14 Jun 2012
UPDATE: Asset sales law moves a step forward, MRP float by Sept 30

UPDATE: Asset sales law moves a step forward, MRP float by Sept 30

14 Jun 2012
MARKET CLOSE: NZ shares gain; Chorus, Telecom lead NZX 50 gains

MARKET CLOSE: NZ shares gain; Chorus, Telecom lead NZX 50 gains

14 Jun 2012
NZ dollar edges higher after RBNZ confirms rates on hold

NZ dollar edges higher after RBNZ confirms rates on hold

14 Jun 2012
Fur flies in NZ over secret trade negotiations

Fur flies in NZ over secret trade negotiations

14 Jun 2012
Pulse returns to FY profit on jump in sales, accounting adjustment

Pulse returns to FY profit on jump in sales, accounting adjustment

14 Jun 2012
L&M seeks listing on Canada’s TSX Venture Exchange to lift liquidity

L&M seeks listing on Canada’s TSX Venture Exchange to lift liquidity

14 Jun 2012
NZ central bank sees 10% chance of Eurogeddon

NZ central bank sees 10% chance of Eurogeddon

14 Jun 2012
Witness recall looms in Skinner and Rowley accounting fraud case

Witness recall looms in Skinner and Rowley accounting fraud case

14 Jun 2012
NZ food prices rise in May, led by fruit, vegetables in lead-up to winter

NZ food prices rise in May, led by fruit, vegetables in lead-up to winter

14 Jun 2012
Kiwibank growth plans are potential risk to new AA credit rating, Fitch says

Kiwibank growth plans are potential risk to new AA credit rating, Fitch says

13 Jun 2012
NZ Farming Systems cuts FY guidance as dry weather reduces milk production

NZ Farming Systems cuts FY guidance as dry weather reduces milk production

13 Jun 2012
Reserve Bank nervy about fall-out from European PIIGS

Reserve Bank nervy about fall-out from European PIIGS

13 Jun 2012
Bollard keeps OCR unchanged, pushes out track for future rate hikes

Bollard keeps OCR unchanged, pushes out track for future rate hikes

13 Jun 2012
NZ dollar falls before OCR review; Greek election looms

NZ dollar falls before OCR review; Greek election looms

13 Jun 2012
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