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NZ dollar bounces back from lows as Bernanke overreaction mulled

NZ dollar bounces back from lows as Bernanke overreaction mulled

May 24 (BusinessDesk) – The New Zealand dollar rebounded from an eight-month low, after failing to break below 80 US cents, as some traders deemed the initial response to Federal Reserve chairman Ben Bernanke’s comments on a possible end to quantitative easing was an over-reacti...

23 May 2013
While you were sleeping Cautious calm returns

While you were sleeping Cautious calm returns

By Margreet Dietz May 24 (BusinessDesk) - Wall Street was mixed, paring sharp early losses after disappointing data from China and a slump in Japanese stocks outweighed better-than-expected reports on US jobs and housing. In China, the preliminary reading for a Purchasing Manag...

23 May 2013
Dominion Finance’s Cropp jailed for 2 years 7 months

Dominion Finance’s Cropp jailed for 2 years 7 months

May 23 (BusinessDesk) - Paul Cropp, the former chief executive of failed lenders Dominion Finance and North South Finance, has been jailed for two years and seven months after being convicted on fraud charges last month. Cropp was sentenced in the High Court in Auckland having...

23 May 2013
MARKET CLOSE NZ shares fall as US, China in focus; GPG, WBC, NZOG drop

MARKET CLOSE NZ shares fall as US, China in focus; GPG, WBC, NZOG drop

23 May 2013
NZ dollar falls to 8-month low after Chinese manufacturing contracts, Bernanke says watch the data

NZ dollar falls to 8-month low after Chinese manufacturing contracts, Bernanke says watch the data

23 May 2013
NZ meat cleared to move from across Chinese wharves, as ministry chided for mistake

NZ meat cleared to move from across Chinese wharves, as ministry chided for mistake

23 May 2013
Xero posts $14.4 mln FY loss, doubles revenue and paying customers

Xero posts $14.4 mln FY loss, doubles revenue and paying customers

23 May 2013
Veolia Transport, Auckland rail operator, almost doubles FY profit after inking new contract

Veolia Transport, Auckland rail operator, almost doubles FY profit after inking new contract

23 May 2013
F and P Healthcare shares jump to highest in more than 2 years on profit outlook

F and P Healthcare shares jump to highest in more than 2 years on profit outlook

23 May 2013
James Hardie makes no provision on NZ Education Ministry’s leaky school claim

James Hardie makes no provision on NZ Education Ministry’s leaky school claim

23 May 2013
Bathurst gets nod for DoC access to Denniston mine

Bathurst gets nod for DoC access to Denniston mine

23 May 2013
No savings this year for Rakon’s manufacturing shift to China, grand plan coming in July

No savings this year for Rakon’s manufacturing shift to China, grand plan coming in July

23 May 2013
Fronde mulls capital raising for Australian push as FY profit more than doubles

Fronde mulls capital raising for Australian push as FY profit more than doubles

23 May 2013
GPG pension headache puts brake on wind-down plan

GPG pension headache puts brake on wind-down plan

22 May 2013
F and P Healthcare beats 2013 guidance, forecasts boost in 2014 profit; shares gain to 2 ½ year high

F and P Healthcare beats 2013 guidance, forecasts boost in 2014 profit; shares gain to 2 ½ year high

22 May 2013
DNZ Property sells $60M of shares to institutions at 1.8 percent discount

DNZ Property sells $60M of shares to institutions at 1.8 percent discount

22 May 2013
Rakon plunges deeper into the red on writedowns; shares tumble 8 percent

Rakon plunges deeper into the red on writedowns; shares tumble 8 percent

22 May 2013
Comvita FY profit falls 10 percent , beating guidance, on honey shortage, rising costs

Comvita FY profit falls 10 percent , beating guidance, on honey shortage, rising costs

22 May 2013
Argosy lifts FY profit after year-earlier charges, property income falls

Argosy lifts FY profit after year-earlier charges, property income falls

22 May 2013
NZ dollar declines after Bernanke says Fed may taper QE on signs of sustained improvement

NZ dollar declines after Bernanke says Fed may taper QE on signs of sustained improvement

22 May 2013
While you were sleeping Fed opens taper door

While you were sleeping Fed opens taper door

22 May 2013
MARKET CLOSE NZ shares rise; Ryman resumes climb, Fletcher finds base

MARKET CLOSE NZ shares rise; Ryman resumes climb, Fletcher finds base

22 May 2013
NZ dollar slips as investors await Bernanke’s take on QE

NZ dollar slips as investors await Bernanke’s take on QE

22 May 2013
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