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NZ services sector activity slips in June, stays firmly positive as new orders grow
July 15 (BusinessDesk) - New Zealand’s services sector slipped from a six-year high in June while remaining broadly in expansion mode, led by new orders and sales. The BNZ-Business New Zealand Performance of Services Index fell to 55 last month, from 56.2 in May, still the high...
NZ dollar holds near week low on concern about Chinese growth
By Tina Morrison July 15 (BusinessDesk) – The New Zealand dollar is trading near a week low on concern about a slowdown in China, the country’s second-largest trading partner. The kiwi recently traded at 77.81 US cents, unchanged from late New York trading Friday, and down from...
F and P Finance boosts FY profit 20 percent on lending growth, cheaper debentures
July 15 (BusinessDesk) - Fisher & Paykel Finance, whose parent F&P Appliances was bought out by China’s Haier last year, boosted annual profit 20 percent on lending growth on its Q Card and cheaper funding from its debentures. Net profit rose to $19.9 million in the 12 months e...
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