All News
While you were sleeping: Yet another record
By Margreet Dietz May 30 (BusinessDesk) - The Standard & Poor’s 500 Index crept to a fresh intraday record as a second estimate showing the US economy contracted in the first quarter failed to deter expectations that the recovery is gathering steam. The world’s largest econ...
TSB Bank profit slips 5.9% on Solid Energy writedown
By Paul McBeth May. 29 (BusinessDesk) - TSB Bank, one of the six lenders that agreed to a debt restructuring for Solid Energy, reported a 5.9 percent decline in annual profit after writing down the value of preference shares held in the state-owned coal miner . Net profit f...
MARKET CLOSE: NZ shares gain with F&P Healthcare; Pacific Edge, Kathmandu decline
By Suze Metherell May 29 (BusinessDesk) - New Zealand stocks rose, as a weaker kiwi dollar helped sentiment for companies that sell in US dollars, such as Fisher & Paykel Healthcare. Pacific Edge fell for second day after its full-year loss widened 44 percent. The NZX 50 In...
Prev
