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While you were sleeping US consumers, Citigroup

While you were sleeping US consumers, Citigroup

By Margreet Dietz April 15 (BusinessDesk) – Wall Street rose as solid US retail sales data and better-than-expected results from Citigroup calmed frayed nerves and reassured some investors about the outlook for the world’s largest economy and corporate profits. A Commerce Depar...

14 Apr 2014
NZ dollar drops to two-month low against Aussie ahead of RBA minutes

NZ dollar drops to two-month low against Aussie ahead of RBA minutes

By Tina Morrison April 15 (BusinessDesk) – The New Zealand dollar dropped to a two-month low against the Australian currency ahead of today’s release of the Reserve Bank of Australia’s minutes of its meeting this month which is expected to confirm positive sentiment about the e...

14 Apr 2014
MARKET CLOSE NZ stocks fall with global tech rout; Pacific Edge, Xero, Diligent drop

MARKET CLOSE NZ stocks fall with global tech rout; Pacific Edge, Xero, Diligent drop

By Suze Metherell April 14 (BusinessDesk) – New Zealand shares followed Wall Street lower as investors question whether tech and high-growth companies can deliver the earnings growth implied by their valuations. Pacific Edge led the NZX 50 Index lower, while Xero and Diligent Bo...

14 Apr 2014
NZ dollar holds gains as Yellen appearances stoke expectations of more on US rates

NZ dollar holds gains as Yellen appearances stoke expectations of more on US rates

14 Apr 2014
UPDATE – No deal, say Abano rebel shareholders to buyout bid

UPDATE – No deal, say Abano rebel shareholders to buyout bid

14 Apr 2014
Hellaby adds $20 million in annual sales with NZ Trucks, Dasko acquisitions

Hellaby adds $20 million in annual sales with NZ Trucks, Dasko acquisitions

14 Apr 2014
Abano calls dissident shareholders’ bluff with unconditional cash offer

Abano calls dissident shareholders’ bluff with unconditional cash offer

14 Apr 2014
NZ Dollar Outlook Kiwi at the whim of US gyrations this week as investors weigh interest rate track

NZ Dollar Outlook Kiwi at the whim of US gyrations this week as investors weigh interest rate track

14 Apr 2014
Goodman Property builds three new developments for $44.4 million

Goodman Property builds three new developments for $44.4 million

14 Apr 2014
NZ services sector activity rebounds in March to near a 7-year high

NZ services sector activity rebounds in March to near a 7-year high

13 Apr 2014
Bathurst Resources raising up to $6.87mln in placement at 15-20 percent discount

Bathurst Resources raising up to $6.87mln in placement at 15-20 percent discount

13 Apr 2014
NZ inflation probably accelerated in first quarter, keeping OCR hikes on track

NZ inflation probably accelerated in first quarter, keeping OCR hikes on track

13 Apr 2014
DNZ Property Fund axes five jobs to cut costs

DNZ Property Fund axes five jobs to cut costs

13 Apr 2014
Bathurst Resources, hunkering down for coal price recovery, has shares halted

Bathurst Resources, hunkering down for coal price recovery, has shares halted

13 Apr 2014
FEATURE – Can Warehouse boss Powell deliver profits from new investments

FEATURE – Can Warehouse boss Powell deliver profits from new investments

13 Apr 2014
NZ dollar jumps against euro on prospects of ECB stimulus

NZ dollar jumps against euro on prospects of ECB stimulus

13 Apr 2014
World Week Ahead Earnings, data to dominate

World Week Ahead Earnings, data to dominate

13 Apr 2014
MARKET CLOSE NZ shares join global stocks lower led by Pacific Edge, Xero

MARKET CLOSE NZ shares join global stocks lower led by Pacific Edge, Xero

11 Apr 2014
NZ dollar drops as sliding equity markets sap demand for risk-sensitive assets

NZ dollar drops as sliding equity markets sap demand for risk-sensitive assets

11 Apr 2014
US record labels follow movie studios in suing Dotcom’s Megaupload

US record labels follow movie studios in suing Dotcom’s Megaupload

11 Apr 2014
Solid Energy gearing stuck about 70 percent unless coal prices recover

Solid Energy gearing stuck about 70 percent unless coal prices recover

11 Apr 2014
NZ food prices fall in March on cheaper cakes and candy

NZ food prices fall in March on cheaper cakes and candy

11 Apr 2014
Pacific Edge shares slump to five-month low as growth stocks remain under pressure

Pacific Edge shares slump to five-month low as growth stocks remain under pressure

10 Apr 2014
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