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Dairy product prices rise 14.2 percent to record as drought shrinks volumes

Dairy product prices rise 14.2 percent to record as drought shrinks volumes

April 3 (BusinessDesk) – Prices of dairy products surged to a record in Fonterra's latest GlobalDairyTrade auction as traders competed for a shrinking volume of milk powder in the face of the continuing impact of drought. The GDT-TWI Price Index rose 14.2 percent compared to the...

02 Apr 2013
MARKET CLOSE NZ shares fall as smelter standoff weighs on Contact

MARKET CLOSE NZ shares fall as smelter standoff weighs on Contact

April 2 (BusinessDesk) – New Zealand shares fell as investors fretted the standoff between Rio Tinto and the government over the price of electricity to the Bluff smelter could see the plant closed, denting power demand and hurting profits at Contact Energy. The NZX 50 Index de...

02 Apr 2013
NZ dollar climbs above 84 US cts after RBA keeps rates at 3 percent, says more scope to cut

NZ dollar climbs above 84 US cts after RBA keeps rates at 3 percent, says more scope to cut

By Paul McBeth April 2 (BusinessDesk) - The New Zealand dollar rose above 84 US cents after the Reserve Bank of Australia kept its benchmark interest rate at 3 percent as the nation's spending picks up from a lull, and said it has scope to cut it need be. The kiwi rose to 84.0...

02 Apr 2013
2degrees chairman Sherriff to act as chief executive

2degrees chairman Sherriff to act as chief executive

02 Apr 2013
Reserve Bank of Australia keeps key rate unchanged, repeats view it has scope for easing

Reserve Bank of Australia keeps key rate unchanged, repeats view it has scope for easing

02 Apr 2013
Bathurst Resources to reincorporate as NZ company, eyes NZ equity raising

Bathurst Resources to reincorporate as NZ company, eyes NZ equity raising

02 Apr 2013
NZ commodity prices surge 7.4 percent in March, led by jump in whole milk powder

NZ commodity prices surge 7.4 percent in March, led by jump in whole milk powder

02 Apr 2013
NZ employment confidence turns positive, just, for first time since September 2011

NZ employment confidence turns positive, just, for first time since September 2011

01 Apr 2013
Canada's NorthWest looks to boost stake in Vital Healthcare to 25 percent

Canada's NorthWest looks to boost stake in Vital Healthcare to 25 percent

01 Apr 2013
Key calls Rio Tinto's bluff on smelter power price

Key calls Rio Tinto's bluff on smelter power price

01 Apr 2013
KiwiRail to shutter Coastal Pacific service during winter months to stem losses

KiwiRail to shutter Coastal Pacific service during winter months to stem losses

01 Apr 2013
Emulex to mop up remaining Endace shares after crossing threshold

Emulex to mop up remaining Endace shares after crossing threshold

01 Apr 2013
Yashili gets OIO approval to build $212M Pokeno dairy processing plant

Yashili gets OIO approval to build $212M Pokeno dairy processing plant

01 Apr 2013
Kathmandu boss Halkett on extended leave after complications from routine surgery

Kathmandu boss Halkett on extended leave after complications from routine surgery

01 Apr 2013
NZ dollar gains as US manufacturing disappoints, no change seen from RBA

NZ dollar gains as US manufacturing disappoints, no change seen from RBA

01 Apr 2013
World Week Ahead US jobs, ECB, BOJ

World Week Ahead US jobs, ECB, BOJ

01 Apr 2013
Mad Butcher flags 7 cents dividends in 2014, none for this year

Mad Butcher flags 7 cents dividends in 2014, none for this year

28 Mar 2013
Meridian on Rio Tinto we're not dealing with Grandma

Meridian on Rio Tinto we're not dealing with Grandma

28 Mar 2013
MAKET CLOSE NZX 50 rises, rounding out 6.9 percent quarterly gain, as Telecom cuts costs

MAKET CLOSE NZX 50 rises, rounding out 6.9 percent quarterly gain, as Telecom cuts costs

28 Mar 2013
NZ dollar heads of 4.5 percent quarterly gain vs. euro as Cyprus bailout underlines European woes

NZ dollar heads of 4.5 percent quarterly gain vs. euro as Cyprus bailout underlines European woes

28 Mar 2013
Blue Chip directors haven’t yet escaped threat of criminal charges as FMA awaits investor suits

Blue Chip directors haven’t yet escaped threat of criminal charges as FMA awaits investor suits

28 Mar 2013
Short term subsidies only for smelter, Ryall says

Short term subsidies only for smelter, Ryall says

28 Mar 2013
King Country Energy cuts annual earnings guidance as drought cuts hydro output

King Country Energy cuts annual earnings guidance as drought cuts hydro output

28 Mar 2013
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