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NZ dollar drops to week low against Aussie as good NZ story fully priced into the currency

NZ dollar drops to week low against Aussie as good NZ story fully priced into the currency

By Tina Morrison Dec. 23 (BusinessDesk) – The New Zealand dollar dropped to its lowest in more than a week against the Australian dollar on expectations the divergent paths of the two economies is already priced into their respective currencies. The kiwi touched a low of 91.62...

22 Dec 2013
World Week Ahead Optimism for equities

World Week Ahead Optimism for equities

Dec. 23 (BusinessDesk) –The optimism triggered by the US Federal Reserve’s decision to begin tapering its bond-buying program next month as the world’s biggest economic recovery gathers speed appears likely to extend into this Christmas-holiday shortened week. In the previous f...

22 Dec 2013
MARKET CLOSE NZ shares weaken ahead of Christmas holiday period

MARKET CLOSE NZ shares weaken ahead of Christmas holiday period

By Tina Morrison Dec. 20 (BusinessDesk) – New Zealand shares weakened ahead of the Christmas holiday period in mixed trading as investors cash up for profits. The NZX 50 slipped 25.869 points, or 0.55 percent, to 4,681.191. Within the index, 31 stocks fell, 13 rose and six wer...

20 Dec 2013
NZ dollar heads for 0.7 percent dip this week after Fed dials down money printing a little

NZ dollar heads for 0.7 percent dip this week after Fed dials down money printing a little

20 Dec 2013
Carter Holt, Fletcher Building fixed prices for timber in Auckland market, regulator says

Carter Holt, Fletcher Building fixed prices for timber in Auckland market, regulator says

20 Dec 2013
DoC to seek independent financial view on monorail economics

DoC to seek independent financial view on monorail economics

20 Dec 2013
Christchurch labour costs increase, driven by construction, on strong demand, low unemployment

Christchurch labour costs increase, driven by construction, on strong demand, low unemployment

20 Dec 2013
Ross Asset liquidators look to claw back $3.8 mln paid out to three investors

Ross Asset liquidators look to claw back $3.8 mln paid out to three investors

20 Dec 2013
Contact mulls $225 mln bond issue to refinance upcoming maturity

Contact mulls $225 mln bond issue to refinance upcoming maturity

20 Dec 2013
Mad Butcher owner Veritas buys stake in Burger King patty supplier

Mad Butcher owner Veritas buys stake in Burger King patty supplier

20 Dec 2013
Gallagher Group to quit Tru-Test stake in Australian expansion

Gallagher Group to quit Tru-Test stake in Australian expansion

20 Dec 2013
Smiths City boosts 1H profit 13 percent against stiff competition, shares gain

Smiths City boosts 1H profit 13 percent against stiff competition, shares gain

20 Dec 2013
NZ net migration holds up in November as Australia falls out of favour

NZ net migration holds up in November as Australia falls out of favour

19 Dec 2013
‘Breath-taking incompetence’ alleged as EPA restarts clock on seabed mining application

‘Breath-taking incompetence’ alleged as EPA restarts clock on seabed mining application

19 Dec 2013
Alliance Group takeover talks end with smaller meat processor Blue Sky Meats

Alliance Group takeover talks end with smaller meat processor Blue Sky Meats

19 Dec 2013
ComCom could deliver $750M to consumers after High Court win, says Franks

ComCom could deliver $750M to consumers after High Court win, says Franks

19 Dec 2013
Telecom NZ mulls sale of 60 percent stake in Cook Islands joint venture

Telecom NZ mulls sale of 60 percent stake in Cook Islands joint venture

19 Dec 2013
Abano 1H profit at top of forecast, despite weak Aussie dollar crimping revenue

Abano 1H profit at top of forecast, despite weak Aussie dollar crimping revenue

19 Dec 2013
Auckland Airport’s North Queensland Airport Group refinances A$587M of debt facilities

Auckland Airport’s North Queensland Airport Group refinances A$587M of debt facilities

19 Dec 2013
NZ dollar weakens after Fed ‘tapering’ announcement and strong local data

NZ dollar weakens after Fed ‘tapering’ announcement and strong local data

19 Dec 2013
While you were sleeping Wall Street slips from record

While you were sleeping Wall Street slips from record

19 Dec 2013
Greenpeace’s Anadarko challenge fails on technical grounds

Greenpeace’s Anadarko challenge fails on technical grounds

19 Dec 2013
Greenpeace challenge to Anadarko challenge fails on technical grounds

Greenpeace challenge to Anadarko challenge fails on technical grounds

19 Dec 2013
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