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NZ dollar hits new five-year high vs. Aussie after RBA talks down currency, RBNZ to hike

NZ dollar hits new five-year high vs. Aussie after RBA talks down currency, RBNZ to hike

By Tina Morrison Dec. 13 (BusinessDesk) – The New Zealand dollar touched a new five-year high against the Australian dollar after Reserve Bank of Australia governor Glenn Stevens talked down the value of his currency on the same day the New Zealand central bank said local rates...

12 Dec 2013
While you were sleeping Strong US retail sales

While you were sleeping Strong US retail sales

By Margreet Dietz Dec. 13 (BusinessDesk) – Wall Street continued its slide even after American retail sales rose more than expected as the data fuelled talk that the US Federal Reserve will soon begin to taper its monthly bond-buying programme. Just days away from the next Fed...

12 Dec 2013
MARKET CLOSE NZ shares mixed; Hallenstein flags sales struggle, Chorus climbs from lows

MARKET CLOSE NZ shares mixed; Hallenstein flags sales struggle, Chorus climbs from lows

Dec. 12 (BusinessDesk) – New Zealand shares were mixed as network operator Chorus extended its rebound from a record low and clothing chain Hallenstein Glasson Holdings said it may have to cut guidance. The NZX 50 rose 3.894 points, or 0.1 percent, to 4708.198. Within the index...

12 Dec 2013
Slingshot pleads guilty, fined $250,000 for aggressive slamming tactics to gain customers

Slingshot pleads guilty, fined $250,000 for aggressive slamming tactics to gain customers

12 Dec 2013
Windflow seeks another $4M

Windflow seeks another $4M

12 Dec 2013
NZ dollar jumps to new 5-year high vs. A$ as RBNZ more hawkish on rate hikes

NZ dollar jumps to new 5-year high vs. A$ as RBNZ more hawkish on rate hikes

12 Dec 2013
Export concentration into China ‘a concern’, RBNZ’s Wheeler says

Export concentration into China ‘a concern’, RBNZ’s Wheeler says

12 Dec 2013
Perpetual, Fonterra’s largest unitholder, happy to ride out short-term pain for longer-term gains

Perpetual, Fonterra’s largest unitholder, happy to ride out short-term pain for longer-term gains

12 Dec 2013
Love Springs, director Phillip Smart fined $555,000 for using toxic water claims to sell filters

Love Springs, director Phillip Smart fined $555,000 for using toxic water claims to sell filters

11 Dec 2013
Hallenstein may have to lower guidance if sales don’t improve, chairman Bell says

Hallenstein may have to lower guidance if sales don’t improve, chairman Bell says

11 Dec 2013
NZ food prices fall 0.2 percent in November; lamb leads meat lower, fruit, veges drop

NZ food prices fall 0.2 percent in November; lamb leads meat lower, fruit, veges drop

11 Dec 2013
Trade Me buys MotorWeb site for $19.5 M to expand auto offering

Trade Me buys MotorWeb site for $19.5 M to expand auto offering

11 Dec 2013
Wool Equities in talks with Primary Wool Cooperative about uniting

Wool Equities in talks with Primary Wool Cooperative about uniting

11 Dec 2013
NZ house sales slow in November as LVR restrictions seemingly bite, REINZ says

NZ house sales slow in November as LVR restrictions seemingly bite, REINZ says

11 Dec 2013
UPDATED Wheeler gives clear signal OCR is set to rise as economy gathers momentum

UPDATED Wheeler gives clear signal OCR is set to rise as economy gathers momentum

11 Dec 2013
Vector loses key elements of challenge to Commerce Commission pricing

Vector loses key elements of challenge to Commerce Commission pricing

11 Dec 2013
Stronger terms of trade could drive interest rates up further, RBNZ says

Stronger terms of trade could drive interest rates up further, RBNZ says

11 Dec 2013
RBNZ sees strong house price inflation lasting longer than it thought

RBNZ sees strong house price inflation lasting longer than it thought

11 Dec 2013
Wheeler keeps OCR at 2.5 percent, ready to hike ‘as needed’ to keep inflation in check

Wheeler keeps OCR at 2.5 percent, ready to hike ‘as needed’ to keep inflation in check

11 Dec 2013
NZ dollar declines ahead of Reserve Bank interest rate decision, investors eye outlook

NZ dollar declines ahead of Reserve Bank interest rate decision, investors eye outlook

11 Dec 2013
While you were sleeping Wall Street slides

While you were sleeping Wall Street slides

11 Dec 2013
MARKET CLOSE NZ shares slip on Fonterra dividend cut, high dollar hurts Ebos

MARKET CLOSE NZ shares slip on Fonterra dividend cut, high dollar hurts Ebos

11 Dec 2013
Synlait Milk flags faster growth in 2014 as Fonterra cuts guidance

Synlait Milk flags faster growth in 2014 as Fonterra cuts guidance

11 Dec 2013
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