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World Week Ahead Heading for a cliff

World Week Ahead Heading for a cliff

By Margreet Dietz Dec. 10 (BusinessDesk) – As investors return to their screens in anticipation of the Federal Reserve’s final meeting of the year, time is running short on a budget deal in the US. On Friday, Wall Street received a boost from better-than-expected jobs data,...

09 Dec 2012
NZ dollar holds above 83 US cents after US payrolls, other data mixed

NZ dollar holds above 83 US cents after US payrolls, other data mixed

Dec. 10 (BusinessDesk) – The New Zealand dollar held above 83 US cents, having rallied in New York on Friday following figures showing the US economy added more jobs than expected and the jobless rate fell. Weaker US consumer sentiment capped the gains. The New Zealand dollar f...

09 Dec 2012
Goodman Fielder sells Champion milling to Japan's Nisshin Flour for $51 mln

Goodman Fielder sells Champion milling to Japan's Nisshin Flour for $51 mln

Dec. 7 (BusinessDesk) - Goodman Fielder, the unprofitable food ingredients maker, has sold its New Zealand Champion milling to Japan's Nisshin Flour Milling for $51 million. The Australasian food manufacturer sold its Integro unit for A$170 million in August, and has been look...

07 Dec 2012
MARKET CLOSE NZ shares rise, edging back near 5-year high; Fletcher jumps

MARKET CLOSE NZ shares rise, edging back near 5-year high; Fletcher jumps

07 Dec 2012
NZ dollar heads for 1.4 percent weekly gain after RBNZ quashes rate cut talk

NZ dollar heads for 1.4 percent weekly gain after RBNZ quashes rate cut talk

07 Dec 2012
Ka Mate haka iwi, Ngati Toa, wins $70.6 million Treaty settlement

Ka Mate haka iwi, Ngati Toa, wins $70.6 million Treaty settlement

07 Dec 2012
Goodman Property investors approve $186.6M Highbrook deal

Goodman Property investors approve $186.6M Highbrook deal

07 Dec 2012
Smelter talks resume between Meridian Energy and Rio Tinto

Smelter talks resume between Meridian Energy and Rio Tinto

06 Dec 2012
NZX adviser cuts $10k settlement over dodgy Trade Me deal, keeps name secret

NZX adviser cuts $10k settlement over dodgy Trade Me deal, keeps name secret

06 Dec 2012
Turners and Growers forecasts FY net loss up to $19M on orchard writedowns

Turners and Growers forecasts FY net loss up to $19M on orchard writedowns

06 Dec 2012
Commonwealth Bank shows hand as first foreign holder of Fonterra units

Commonwealth Bank shows hand as first foreign holder of Fonterra units

06 Dec 2012
NZ dollar climbs to 16-mth high on TWI after Wheeler rules out rate cut

NZ dollar climbs to 16-mth high on TWI after Wheeler rules out rate cut

06 Dec 2012
RESEND Wynyard gets toehold in US market with Northrop Grumman tie-up

RESEND Wynyard gets toehold in US market with Northrop Grumman tie-up

06 Dec 2012
While you were sleeping ECB cuts euro-zone growth for 2013

While you were sleeping ECB cuts euro-zone growth for 2013

06 Dec 2012
MARKET CLOSE NZ shares snap 3-day slide; Xero, Chorus gain

MARKET CLOSE NZ shares snap 3-day slide; Xero, Chorus gain

06 Dec 2012
NZ dollar hits 9-month high on TWI basis after Wheeler warns on housing inflation

NZ dollar hits 9-month high on TWI basis after Wheeler warns on housing inflation

06 Dec 2012
Relocated Christchurch workers face unwelcome new tax rules

Relocated Christchurch workers face unwelcome new tax rules

06 Dec 2012
Postie Plus gains extension of banking facilities, avoids breach

Postie Plus gains extension of banking facilities, avoids breach

06 Dec 2012
Oil and gas block offer results due next Tuesday

Oil and gas block offer results due next Tuesday

06 Dec 2012
Nufarm says 1H earnings to rise at least 15 percent on South America, currency gains

Nufarm says 1H earnings to rise at least 15 percent on South America, currency gains

05 Dec 2012
Emulex makes 80.7M pound takeover offer for Endace, a 69 percent premium

Emulex makes 80.7M pound takeover offer for Endace, a 69 percent premium

05 Dec 2012
NZ dollar jumps after Wheeler gives less-dovish MPS, rates track little changed

NZ dollar jumps after Wheeler gives less-dovish MPS, rates track little changed

05 Dec 2012
RBNZ wary of pick-up in housing market

RBNZ wary of pick-up in housing market

05 Dec 2012
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