All News
NZ’s benchmark stock index falls to 3-month low, joining global slide
By Hannah Lynch June 05 (BusinessDesk) - New Zealand shares fell to a three-month low when trading resumed after a three-day weekend, joining a global slide driven by renewed European fears and weaker employment and manufacturing data in the US. The NZX 50 index fell 0.9 perce...
Nuplex sees full-year earnings at bottom of range, second-half trading as expected
June 05 (BusinessDesk) - Nuplex Industries, the specialty chemicals maker, said full-year earnings would be at the bottom end of its range although second-half trading has met expectations and margins have improved. The shares rose about 0.9 percent in a falling market. Earning...
NZ dollar rises as G7 leaders call meeting to discuss Europe's woes
By Hannah Lynch June 5 (BusinessDesk) - The New Zealand dollar rose after the Group of Seven leaders agreed to discuss Europe's debt crisis, easing concern that more banks will need rescuing in the face of the region's debt crisis. The New Zealand dollar rose to 75.70 US cents...
Prev
