Menu
Menu
Search
Home

All News

NZ dollar takes big drop in May on slowing QE, RBNZ intervention

NZ dollar takes big drop in May on slowing QE, RBNZ intervention

By Paul McBeth May 31 (BusinessDesk) - The New Zealand dollar is heading for a 5.5 percent slide this month as investors rallied behind the greenback in growing anticipation the US Federal Reserve will start unwinding its asset purchase programme, and after the Reserve Bank sign...

31 May 2013
CORRECT Xero chair, COO book million-dollar paydays

CORRECT Xero chair, COO book million-dollar paydays

(Fixes Grigg’s and McLean’s names in 2nd, 3rd and 5th pars) By Paul McBeth May 31 (BusinessDesk) – Xero chairman Sam Knowles and chief operating officer Alastair Grigg cashed in some of their shares, which have more than tripled in price in the past 12 months, after a ‘black-ou...

31 May 2013
Transpower sells derivatives trading unit d-cyphaTrade to ASX for A$55 mln

Transpower sells derivatives trading unit d-cyphaTrade to ASX for A$55 mln

May 31 (BusinessDesk) – Transpower, the state-owned electricity grid company, has sold its d-cyphaTrade unit to Australian stock market operator ASX for A$55 million. Transpower set up d-cyphaTrade in 2002. It promotes Australian exchange-traded electricity futures and then sel...

31 May 2013
Port of Tauranga chairman Parker will retire in October after 17 years as a director

Port of Tauranga chairman Parker will retire in October after 17 years as a director

31 May 2013
NZ business confidence gains as farmers shake off the drought blues

NZ business confidence gains as farmers shake off the drought blues

31 May 2013
SLI Systems soars on debut as New Zealand market experiences resurgence

SLI Systems soars on debut as New Zealand market experiences resurgence

31 May 2013
Xero chair, COO book million-dollar paydays after shares more than triple in past year

Xero chair, COO book million-dollar paydays after shares more than triple in past year

31 May 2013
Turners and Growers mops up remaining 30 percent of Delica for $25.8 mln

Turners and Growers mops up remaining 30 percent of Delica for $25.8 mln

31 May 2013
NZ terms of trade rise for first time in 7 quarters on dairy exports, drop in import prices

NZ terms of trade rise for first time in 7 quarters on dairy exports, drop in import prices

30 May 2013
AWF founder Hull sells $7.25M stake at 7.9 percent discount to boost liquidity

AWF founder Hull sells $7.25M stake at 7.9 percent discount to boost liquidity

30 May 2013
Metlifecare raises $70 mln at 8.3 percent discount in institutional placement

Metlifecare raises $70 mln at 8.3 percent discount in institutional placement

30 May 2013
NZ dollar falls after central bank says it may scale up currency intervention to limit gains

NZ dollar falls after central bank says it may scale up currency intervention to limit gains

30 May 2013
TSB lifts profit 11 percent, lifting rural, commercial lending

TSB lifts profit 11 percent, lifting rural, commercial lending

30 May 2013
While you were sleeping Sluggish data welcomed

While you were sleeping Sluggish data welcomed

30 May 2013
SmartPay, in midst of restructuring, narrows annual loss to $5.9 mln

SmartPay, in midst of restructuring, narrows annual loss to $5.9 mln

30 May 2013
MARKET CLOSE NZ shares fall on signs of weaker Australian growth; Nuplex drops

MARKET CLOSE NZ shares fall on signs of weaker Australian growth; Nuplex drops

30 May 2013
NZ dollar falls after RBNZ’s Wheeler keeps markets guessing on FX intervention

NZ dollar falls after RBNZ’s Wheeler keeps markets guessing on FX intervention

30 May 2013
Tenon shares soar as mouldings maker flags return to profit on US housing demand

Tenon shares soar as mouldings maker flags return to profit on US housing demand

30 May 2013
Reserve Bank sells net $256 mln in April, Wheeler prepared to ‘scale up’ intervention

Reserve Bank sells net $256 mln in April, Wheeler prepared to ‘scale up’ intervention

30 May 2013
NPT turns to profit in 2013 on insurance payouts, property valuation gains

NPT turns to profit in 2013 on insurance payouts, property valuation gains

30 May 2013
NZ Guardian Trust reverts to normal-sized dividends after exit payment to Suncorp

NZ Guardian Trust reverts to normal-sized dividends after exit payment to Suncorp

30 May 2013
Lombard directors face stiffer sentences after losing appeal

Lombard directors face stiffer sentences after losing appeal

30 May 2013
Hubbard investors receive further payments as assets sold, statutory managers say

Hubbard investors receive further payments as assets sold, statutory managers say

30 May 2013
Most Popular
1
Du Val founders Charlotte and Kenyon Clarke claim a right to silence
Maria Slade 10:22pm
2
Spark Accelerate 2025 summit: Meta AI head, former White House CIO speak
Staff reporters 10:02pm
3
Fletcher Building exits Pūhoi toll road PPP with $20.2m sale to local investor
Staff reporters 10:08pm
4
My Net Worth: James Gough, The Terrace executive director
Cécile Meier 10:23pm
5
Air NZ's new boss is making the right start
David Mackenzie 10:23pm