Latest news - Page 609
YEAR IN REVIEW: NZ stock investors ride wave of new listings
Tue, 30th Dec 2014
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stock market
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ipos
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mobile payment
NZ stock market thrives with 16 new listings in 2014, drawing $8.3bn in equity, signalling robust investor confidence amidst a flourishing economy.
MARKET CLOSE: NZ shares rise in thin trading, led by Xero; Infratil falls
Mon, 29th Dec 2014
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fintech
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financial systems
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healthtech
New Zealand shares rose to a record close in light holiday trading, led by companies that have been sold off in recent months, including Xero and N.
Qantas squeezes more revenue on trans-Tasman route in busier market
Mon, 29th Dec 2014
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air new zealand
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shares
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qantas
Qantas Airways, Australia biggest airline, lifted revenue on trans-Tasman routes by 18 percent last year amid increased traffic flows.
YEAR IN REVIEW: NZ economy rocks on as milk's star fades
Mon, 29th Dec 2014
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healthtech
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economy
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banking
2014 was a year of the rockstar economy where New Zealand was a top performer compared to other OECD countries with an annualised GDP growth rate o.
Wellington selects 3 potential bidders for multi-million-dollar rail contract
Mon, 29th Dec 2014
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wellington regional council
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kiwirail
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revenue
Greater Wellington Regional Council has for the first time short listed three potential bidders to operate and maintain its rail services for a ter.
UPDATE: Infratil, NZ Super Fund buy RetireAustralia for A$640.2 mln
Mon, 29th Dec 2014
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power / energy
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healthtech
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cleantech
Infratil and the New Zealand Superannuation Fund will buy Australia's fourth-biggest retirement village operator RetireAustralia for A$640.
NZ dollar may gain vs. A$ as falling commodities weigh on Australia
Wed, 24th Dec 2014
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new zealand dollar
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nz dollar
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food
The New Zealand dollar may continue to push near decade-highs against its trans-Tasman counterpart as weak commodity prices sap investors' appetite.
MARKET CLOSE: NZ shares rise in pre-Xmas trading; Kathmandu snaps declines; POT at record
Wed, 24th Dec 2014
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nzx
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shares
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fletcher building
NZ shares see a slight pre-Xmas rise, Kathmandu rebounds from losses, while Port of Tauranga hits a record high.
Supreme Court upholds validity of Dotcom search warrants, Chief Justice dissents
Wed, 24th Dec 2014
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court of appeal
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valid
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arrest
The Supreme Court has ruled the search warrants executed in the high-profile arrest of internet entrepreneur Kim Dotcom were valid, although Chief.
Australia's HRL Holdings to buy Precise Consulting
Wed, 24th Dec 2014
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apm
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software development
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asx
HRL Holdings, the ASX-listed geothermal exploration company, has agreed to buy Precise Consulting, a hazardous material testing laboratory, for $5.
Sealegs fined $8,000 by NZX over shortfall of independent directors
Wed, 24th Dec 2014
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shares
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sealegs corp
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mapp
Sealegs Corp, the amphibious vehicle maker, has been fined $8,000 and publicly censured by the New Zealand Markets Disciplinary Tribunal after fail.
Augusta buys $58.5 mln retail property for syndication
Wed, 24th Dec 2014
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physical security
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shares
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augusta capital
Augusta Capital, the listed property investor and fund manager, has bought the Southgate Centre retail site in Auckland's Takanini, which it plans.
NZ dollar falls as US economy grows more than expected
Wed, 24th Dec 2014
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new zealand dollar
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nz dollar
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kiwi
The New Zealand dollar fell after data showed the US economy grew more than expected in the third quarter, stoking demand for the greenback on heig.
NZ dollar gains vs. A$ as falling commodity prices weigh
Tue, 23rd Dec 2014
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christmas
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new zealand dollar
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nz dollar
The New Zealand dollar rose above 95 Australian cents as falling oil prices weigh on the Australian economy, whose exports are largely hard commodi.
NZ Refining signs platinum sale and lease back deal with Bank of Nova Scotia
Tue, 23rd Dec 2014
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shares
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industrial
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extend
New Zealand Refining, which operates the Marsden Point refinery, has entered into a sale and lease back agreement for industrial platinum with Bank.
NZ trade deficit narrows in November, as rising meat exports offset dairy weakness
Tue, 23rd Dec 2014
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nz dollar
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industrial
New Zealand posted its smallest November trade deficit in four years, beating economist forecasts, as falling dairy prices were offset by a rise in.
Pernod Ricard cuts deal over convertible note tax dispute
Tue, 23rd Dec 2014
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ird
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sales
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court case
Pernod Ricard has joined the list of firms cutting deals with the Inland Revenue Department to settle tax disputes over the use of mandatory conver.
Landcorp seeks to fatten sheep returns through wool deal, milk
Tue, 23rd Dec 2014
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branding
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wool
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landcorp
Landcorp, New Zealand's largest corporate farmer, plans to increase returns from sheep, signing a three-year contract with NZ Merino to manage its.
NZ dollar dips on signs of US economic growth
Tue, 23rd Dec 2014
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wall street
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new zealand dollar
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australian dollar
The New Zealand dollar slipped as stocks on Wall Street rallied ahead of economic data that's expected to show a faster pace of growth in the world.
NZ dollar little changed as activity ebbs in lead-up to Christmas
Mon, 22nd Dec 2014
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new zealand dollar
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nz dollar
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kiwi
The New Zealand dollar was little changed as activity ebbed in the lead-up to the Christmas-New Year break, when many local market participants ten.