All News
MARKET CLOSE NZ shares gain as Contact, ‘regulated’ companies recover
April 22 (BusinessDesk) – New Zealand shares rose as companies in regulated markets, such as Contact Energy and Chorus, recovered from last week’s selloff and among small caps, Ecoya soared after beating its earnings guidance. The NZX 50 Index rose 39.156 points, or 0.9 percent...
NZ dollar gains as renewed risk appetite pushes Asian stocks higher
By Paul McBeth April 22 (BusinessDesk) - The New Zealand dollar gained in local trading as investors' appetite for higher-yielding assets bounced back, though a slew of data showing slower global growth this week may temper those gains. The kiwi rose to 84.33 US cents at 5pm i...
Three more airlines settle in air cargo cartel, Air NZ 'discussing resolution'
April 22 (BusinessDesk) - Three more airlines have settled with the Commerce Commission in the long-running air cargo cartel case, paying $9.6 million in penalties, and leaving national carrier Air New Zealand as the final airline yet to do so. In the High Court, Cathay Pacifi...
Prev
