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Steel and Tube expects 1H earnings to marginally improve on reviving economy
By Tina Morrison Nov. 13 (BusinessDesk) – Steel & Tube Holdings, the steel building products firm, expects first half earnings to be “marginally ahead” of the same period a year earlier as it benefits from price rises in an improving economy. “The start to the new financial ye...
Chinese downturn biggest risk to New Zealand, RBNZ’s Wheeler says
By Paul McBeth Nov. 13 (BusinessDesk) - Reserve Bank governor Graeme Wheeler says a potential downturn in the Chinese economy is the biggest risk to New Zealand and is the type of external shock the central bank wants to protect homeowners from with its restrictions on low equi...
DNZ Property posts 8.7 percent rise in 1H earnings, expects dividends to hold for FY14, FY15
By Tina Morrison Nov. 13 (BusinessDesk) – DNZ Property Fund, the worst performing property company on the New Zealand stock exchange in the past six months, said earnings rose 8.7 percent in its first half and it expects dividends won’t fall below current levels for the next two...
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