Latest news - Page 621

World Week Ahead: Fed minutes, US jobs
Mon, 5th Jan 2015
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wall street
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us federal reserve
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stock market
Investors will scrutinise the minutes from the US Federal Reserve December policy meeting at which it promised patience in raising interest rates,.

NZ dollar heads for 4.2% decline in 2014, reflecting weaker dairy prices, stronger greenback
Wed, 31st Dec 2014
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nz dollar
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trade
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money management
NZ dollar ends 2014 down 4.2%, hit by falling dairy prices and a buoyant US dollar, but may rebound as the local economy shines.

MARKET CLOSE: NZ shares fall, rounding out 18% annual gain led by Chorus
Wed, 31st Dec 2014
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uc
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chorus
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nzx
New Zealand shares fell on the last day of 2014, rounding out an 18 percent annual gain that was led by telecommunications network operator Chorus,.

NZ's record beef prices set to continue into 2015, Rabobank says
Wed, 31st Dec 2014
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rabobank
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beef
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demand
Record beef prices are expected to continue for New Zealand farmers early in 2015, underpinned by tight supply and strong demand, according to Rabo.

Woosh annual sales fall on dwindling customer numbers, parent accounts show
Wed, 31st Dec 2014
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management
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4g technology
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woosh wireless
Woosh Wireless, the local internet service provider, reported a 14 percent drop in annual sales as it shed customers, while clamping down on costs.

NZ dollar holds gains as yield advantage draws investors
Tue, 30th Dec 2014
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hyperscale
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public cloud
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cloud services
The New Zealand dollar held gains in local trading as the country's high interest rates relative to the rest of the world continue to attract inves.

YEAR IN REVIEW: Kiwi heads for 2014 decline in year it neared record high
Tue, 30th Dec 2014
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new zealand dollar
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australian dollar
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nz dollar
The New Zealand dollar is heading for a 5 percent decline against the greenback in 2014, in a year which saw the currency soar close to a post-floa.

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.