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NZ turns to a trade deficit in July, led by falling log prices

NZ turns to a trade deficit in July, led by falling log prices

By Tina Morrison Aug. 26 (BusinessDesk) - New Zealand posted its first monthly trade deficit in nine months in July, led by falling prices for export logs and wood products. Statistics New Zealand said the country had a trade deficit of $692 million in July, bigger than the...

25 Aug 2014
Auckland Airport meets guidance with 11% gain in underlying earnings

Auckland Airport meets guidance with 11% gain in underlying earnings

By Jonathan Underhill Aug. 26 (BusinessDesk) - Auckland International Airport, the country’s main gateway, reported an 11 percent gain in full-year underlying earnings, broadly in line with guidance it gave in the first half, as aeronautical charges led a gain in revenue that...

25 Aug 2014
SLI System reports smaller annual loss, more cash than forecast

SLI System reports smaller annual loss, more cash than forecast

By Suze Metherell Aug. 26 (BusinessDesk) - SLI Systems, the search engine software developer which debuted on the NZX last year, posted a smaller than forecast loss while keeping more cash on hand.  The Christchurch-based company reported a loss of $5.7 million in the 12 mo...

25 Aug 2014