Latest news - Page 584
Cheap oil to boost NZ national income by $2.4 bln a year, RBNZ says
Thu, 12th Mar 2015
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rbnz
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dubai
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exporting
Cheap oil is expected to boost New Zealand’s national income by NZD $2.4 billion annually, says the Reserve Bank, benefiting domestic growth.
Tepid inflation surprise raises spectre of lower interest rates
Thu, 12th Mar 2015
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rbnz
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property market
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bso
Any further downward surprises in New Zealand's already tepid pace of consumer inflation may warrant an interest rate cut, the Reserve Bank says.
RBNZ’s Wheeler keeps OCR on hold, no rate hikes ahead
Thu, 12th Mar 2015
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rbnz
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banking
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fia
The Reserve Bank has removed the prospect of future interest rate hikes from its forecast horizon as a strong kiwi dollar and cheap oil hold down infl.
NZ dollar drops to 5-week low ahead of RBNZ as greenback surges
Thu, 12th Mar 2015
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rbnz
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new zealand dollar
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currencies
The New Zealand dollar dropped to a five-week low ahead of the Reserve Bank decision on interest rates today as the greenback surged to a 12-year high.
While you were sleeping: Greenback extends rally
Thu, 12th Mar 2015
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wall street
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inflation
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stock market
Wall Street seesawed as the US dollar continued its climb amid bets the Federal Reserve is gearing up to lift interest rates as early as June.
MARKET CLOSE: NZ shares fall, led by MetroGlass, A2, NZOG
Wed, 11th Mar 2015
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power / energy
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nzx
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air new zealand
New Zealand shares fell, led by Metro Performance Glass and paced by New Zealand Oil and Gas as investors digested earnings season.
Market regulators NZX and FMA defend disclosure by companies involved in 1080 threat
Wed, 11th Mar 2015
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nzx
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financial markets authority
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insider trading
Market regulators, the NZX and the Financial Markets Authority, say they're confident the approach they took to disclosure of the 1080 contamination t.
Foley Family Wines turns first half profit as sales grow
Wed, 11th Mar 2015
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sales
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foe family wines
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revenue
Foley Family Wines, majority owned by American businessman and vineyard owner Bill Foley, posted a first-half operating profit as sales increased 14 p.
Apple gains dominance in healthcare sector
Wed, 11th Mar 2015
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open source
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healthtech
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personal computing devices
Apple is gaining traction in the health and medical research space with ResearchKit, the open source software framework.
SBS Bank agrees to buy 50% of Staples Rodway Asset Management
Wed, 11th Mar 2015
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fintech
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finance, leasing & rental
SBS Bank, New Zealand's largest building society, has agreed to buy 50 percent of Staples Rodway Asset Management (SRAM) as part of a strategy to bui.
Solid Energy prepares for more job cuts at Stockton
Wed, 11th Mar 2015
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datacentre infrastructure
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power / energy
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jobs
State-owned coal miner Solid Energy is preparing for more redundancies at its Stockton mine, near Westport, as slumping global prices for coking coal.
IRD happy with business transformation-lead Accenture
Wed, 11th Mar 2015
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it services
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ird
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accenture
The Inland Revenue Department is happy with lead provider Accenture to overhaul its 30-year-old information technology system in a major transformatio.
Woosh narrows annual loss as accounts tagged by auditor
Wed, 11th Mar 2015
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4g technology
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woosh wireless
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craig wireless
Woosh Wireless's financial statements have been tagged by its auditor as the internet service provider narrowed its annual loss by clamping down on co.
CERA bullish on Chch CBD anchor projects, though keeping mum on business cases
Wed, 11th Mar 2015
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financing
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aras
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partners
The Canterbury Earthquake Recovery Authority, which was tasked with overseeing the rebuild of the country's second-biggest city, is upbeat about the p.
Will Reckon's cloud solution kill Xero?
Wed, 11th Mar 2015
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fintech
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financial systems
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accounting systems
Reckon showcases its Reckon One cloud solution at the Reckon One Road Show in Auckland. Modular design allows businesses to customize their accounting software.
Restaurant Brands says fourth-quarter sales rise 19%
Wed, 11th Mar 2015
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sales
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retail
Restaurant Brands, New Zealand's largest fast-food store operator, increased fourth-quarter sales by 19 percent as it benefited from an extra week's t.
NZ govt posts small surplus in 7 mths to January as tax take swells
Wed, 11th Mar 2015
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government
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fy
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expenses
The New Zealand government posted a small operating surplus in the seven months through January as tax revenue beat expectations, while costs were sma.
Trilogy sees FY profit more than trebling as Aust unit improves, Ecoya makes money
Wed, 11th Mar 2015
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fintech
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finance, leasing & rental
Trilogy International, the skincare products and scented candle maker, says annual profit will more than treble with improved earnings at its Australi.
NZ dollar drops to month low on dairy concern, US dollar strength
Wed, 11th Mar 2015
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new zealand dollar
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industrial
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partners
The New Zealand dollar dropped to a month low after the government yesterday revealed threats to contaminate infant formula with poison, raising conce.
While you were sleeping: Dollar strength hits stocks, oil
Wed, 11th Mar 2015
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nzx
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wall street
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stock market
Wall Street dropped as the US dollar continued to strengthen amid bets the US Federal Reserve will raise interest rates soon.