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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

By Hannah Lynch June 15 (BusinessDesk) - The New Zealand dollar rose after weak US data fueled speculation the Federal Reserve will take further steps to stoke the world's largest economy, helping underpin global growth. The New Zealand dollar rose to 78.11 US cents just before...

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

While you were sleeping: Fed stimulus bets on the rise

By Margreet Dietz June 15 (BusinessDesk) - The latest US economic data fuelled hope the Federal Reserve might soon, as early as next week, assist in rekindling the pace of recovery as new claims for state jobless benefits unexpectedly increased for the fifth time in six weeks, w...

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

June 14 (BusinessDesk) - Guinness Peat Group, the investment company winding up its portfolio of assets, plans to sell its holding of Young & Co’s Brewery for 54.1 million pounds. GPG will undertake an accelerated book-build managed by JP Morgan Cazenove and Barclays Bank, sell...

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
While you were sleeping: Another drop in US retail sales

While you were sleeping: Another drop in US retail sales

13 Jun 2012
MARKET CLOSE: NZ shares fall; SkyCity drops on convention centre probe

MARKET CLOSE: NZ shares fall; SkyCity drops on convention centre probe

13 Jun 2012
NZ dollar holds gains ahead of RBNZ; investors upbeat on European stability

NZ dollar holds gains ahead of RBNZ; investors upbeat on European stability

13 Jun 2012
NZ opens Northland to mineral explorers after consulting local Maori, councils

NZ opens Northland to mineral explorers after consulting local Maori, councils

13 Jun 2012
Local government carrying ‘relatively low’ debt levels, English says

Local government carrying ‘relatively low’ debt levels, English says

13 Jun 2012
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