Latest news - Page 579
NZ-Korea FTA signed amid spying and lost sovereignty claims
Mon, 23rd Mar 2015
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tariffs
A long-awaited free trade agreement between New Zealand and South Korea has been signed in Seoul by Prime Minister John Key and the Korean president.
Rabobank NZ profit rises 31% to record, sees 'sustained' milk price recovery in 2016
Mon, 23rd Mar 2015
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rabobank
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banking
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retail
Rabobank New Zealand said profit rose 31 percent to a record in 2014 as the local unit of Netherlands-based Rabobank Group increased rural sector len.
Auckland to Beijing direct connection as Air NZ, China Air tie up
Mon, 23rd Mar 2015
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air new zealand
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china air
Air New Zealand and China Air have agreed a new alliance that will deliver daily direct flights between Auckland and the Chinese capital, Beijing.
NZ export log prices record first drop in eight months as Chinese inventories build
Mon, 23rd Mar 2015
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agrihq
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demand
New Zealand export log prices dropped for the first time in eight months as shipments to China exceed demand, resulting in a build up of inventory.
2degrees unlikely to shake up landline prices, market commentators say
Mon, 23rd Mar 2015
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uc
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snap
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telco
2degrees' purchase of internet service provider Snap, which gives it a foothold in the landline market, is unlikely to deliver a big shake-up in price.
NZ Dollar Outlook: Traders split on kiwi direction amid volatility
Mon, 23rd Mar 2015
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housing
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new zealand dollar
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inflation
The New Zealand dollar has recently been at the mercy of US dollar volatility and analysts are split on what direction it may take this week.
Ross Asset Management liquidators seek $954,000 investor withdrew in test case
Mon, 23rd Mar 2015
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pwc
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mental health
Liquidators of the Ross Asset Management group of companies, found to be a ponzi scheme, are looking to claw back $954,000 one investor withdrew befor.
Auckland Airport international passenger numbers rise 5.4% in February, on jump in Chinese
Mon, 23rd Mar 2015
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shares
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auckland airport
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stock market
Auckland International Airport said international passenger numbers through New Zealand's busiest gateway rose 5.
NZ lamb wool prices fall from 4-year high as higher kiwi makes local wool more costly
Mon, 23rd Mar 2015
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outlook
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new zealand dollar
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agrihq
New Zealand lamb wool prices fell from a four-year high at auction last week as a rising local currency made the fibre more expensive.
2degrees acquires Snap ISP for complete business offering
Mon, 23rd Mar 2015
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uc
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snap
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telco
2Degrees, New Zealand's third-largest mobile telecommunications provider, is to acquire Christchurch-based internet service provider, Snap, to allow.
NZ consumer confidence gains in March quarter in face of cheaper petrol, home loans
Mon, 23rd Mar 2015
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consumers
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banking
New Zealand consumer confidence rose in the first three months of the year, as Kiwis enjoyed cheaper fuel prices and lower fixed home-loan rates.
Pumpkin Patch says nothing certain after talk of approaches sends stock soaring
Mon, 23rd Mar 2015
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banking
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retail
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acquisition
Pumpkin Patch, whose shares soared on Friday after the children's clothing retailer announced it was seeking proposals to acquire or refinance.
Consumers still wary when it comes to mobile payments
Mon, 23rd Mar 2015
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smartphones
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martech
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commerce systems
While mobile and digital payments are on the rise, the majority of consumers still have concerns with adoption of the technology.
NZ dollar sets new records against Aussie, euro
Mon, 23rd Mar 2015
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new zealand dollar
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australian dollar
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us federal reserve
The New Zealand dollar set new records against the euro and the Australian dollar as investors sold the greenback on concern the US may hike interest.
World Week Ahead: Equities to extend rally
Mon, 23rd Mar 2015
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us federal reserve
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analyst report
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industrial
A flurry of US economic data including on housing, manufacturing, inflation and GDP will determine the timing of a Fed Reserve interest rate increase.
MARKET CLOSE: NZ shares rise led by Pacific Edge, Kiwi Property
Fri, 20th Mar 2015
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nzx
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banking
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partners
New Zealand shares rose, paced by Property For Industry, Kiwi Property Group and Goodman Property Trust as investor appetite for yield returned.
NZ dollar heads for 1.5% weekly gain after Fed's more cautious outlook on US economy
Fri, 20th Mar 2015
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nz dollar
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trade
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money management
Federal Reserve gave a more cautious assessment of the US economy, prompting traders to pull back their bets that the US dollar would gain.
Warehouse says 63% of permanent staff now on 'career retailer wage'
Fri, 20th Mar 2015
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red shirt
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wages
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the warehouse group
Mark Powell says he hopes to eventually see someone promoted to his role that started out in the Red Shirts in Schools programme as a 16 year old.
NZ consumer confidence edges up in March, boding well for economic growth
Fri, 20th Mar 2015
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roy morgan research
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growth
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economy
New Zealand's consumer confidence index rose to 124.6 in March from 124 in February, signalling optimism for economic growth in 2015.
NZ migration hits new record in February year
Fri, 20th Mar 2015
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statistics nz
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banking
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retail
New Zealand's migration hit a new record in the year through February, driven by more arrivals and fewer departures.