Latest news - Page 623
MARKET CLOSE: NZ shares follow global rally, led by Fletcher
Fri, 19th Dec 2014
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nzx
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banking
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axis
New Zealand shares joined in a global rally which started on Wall Street and continued into Asia, paced by firms with substantial trans-Tasman busi.
NZ dollar at 11-month high vs. A$ as central banks vie for lower currency
Fri, 19th Dec 2014
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new zealand dollar
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australian dollar
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inflation
The New Zealand dollar rose to an 11-month high against its trans-Tasman counterpart as investors weigh up the competing attempts by the neighbouri.
Auckland convention centre cost jumps by a fifth
Fri, 19th Dec 2014
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government
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shares
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skycity
SkyCity Entertainment Group, the casino and hotel operator, is in talks with the government on how to fund the increased cost of as much as $130 mi.
Tweaked Connor ownership soothes regulator's concerns in Acurity takeover
Fri, 19th Dec 2014
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healthtech
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commerce commission
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regulation
The Commerce Commission has signed off a takeover bid for Acurity Health Group by its three biggest shareholders after tweaks to the holding compan.
Minister Flavell to push law review to drive Maori agribusiness
Fri, 19th Dec 2014
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healthtech
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management
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pwc
Maori Development Minister Te Ururoa Flavell expects to table legislation in the second half of next year to make it easier for Maori land owners t.
NZ business confidence eases in December, still buoyant
Fri, 19th Dec 2014
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inflation
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property market
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investment
New Zealand business confidence slipped in December, while staying largely upbeat, as inflation remains tame in spite of a growing economy and expo.
Create the office love fest in 2015
Fri, 19th Dec 2014
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cloud services
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productivity
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mental health
BE Intent is a cloud-based platform designed to help individuals get more out of their life and to help businesses boost productivity.
Immigration rises to a fresh record, fuelled by returning kiwis, Indian students
Fri, 19th Dec 2014
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migration
New Zealand's annual migration rose to a record for the fourth consecutive month in November, led by fewer kiwis crossing the Tasman, more returnin.
Total job advertising trending down from highs, Auckland still rising steadily
Fri, 19th Dec 2014
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job advertising
Despite a slight nationwide dip, Auckland's job market shows unwavering growth amidst a cooling employment sector.
Steel & Tube mulls position as interim judgment finds in favour of Lewis Holdings
Fri, 19th Dec 2014
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steel & tube
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high court
Steel & Tube Holdings is considering its legal position after an interim judgment found in favour of Lewis Holdings' $1.
Britannia takes down TV ads, working with FMA over UK pension ads
Fri, 19th Dec 2014
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martech
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risk & compliance
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tax
Britannia pauses TV ads and adjusts its website after FMA concerns over UK pension transfer campaigns causing undue pressure on consumers.
ComCom pushes out final decision on Chorus copper line pricing
Fri, 19th Dec 2014
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uc
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chorus
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commerce commission
The Commerce Commission has pushed out the timeline for a final decision on what price Chorus can charge on its copper line network as it deals wit.
NZ dollar edges up after Swiss National Bank imposes negative rates
Fri, 19th Dec 2014
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new zealand dollar
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nz dollar
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kiwi
The New Zealand dollar edged up after the Swiss National Bank imposed negative deposit rates in a bid to keep a cap on the nation's currency, leavi.
FMA warns against misleading UK pension scheme transfers advertising
Thu, 18th Dec 2014
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financial markets authority
The Financial Markets Authority is warning against misleading advertising about transferring UK pension scheme entitlements to New Zealand to avoid.
Crown Asset Management discontinues South Canterbury Finance claim
Thu, 18th Dec 2014
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government
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financial markets authority
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serious fraud office
Crown Asset Management, the government entity set up to wind down the remaining assets of finance companies that called on the retail deposit guara.
UDPATE: NZ economy grows 1% in 3Q as primary sector keeps momentum going
Thu, 18th Dec 2014
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inflation
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oil and gas
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investment
New Zealand's economy grew at a faster pace than expected in the September quarter as a good start to the dairy season and increased oil and gas ac.
Spark, Voda and Telstra to spend US$70 million on trans-Tasman cable
Thu, 18th Dec 2014
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uc
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spark
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partners
Spark New Zealand and Vodafone, New Zealand's two dominant telecommunications providers, in partnership with Australian provider Telstra, will spen.
Shares of Arvida edge up 2 percent in debut on NZX
Thu, 18th Dec 2014
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healthtech
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ipo
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metlifecare
Shares of Arvida Group, the new retirement village operator, rose 2 percent on its NZX debut after its initial public offer raised $80 million in c.
Trends publisher defers comment on suspension of Callaghan R&D grant
Thu, 18th Dec 2014
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callaghan innovation
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serious fraud office
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trends publishing international
Trends Publishing International chairman David Johnson says he can't comment on specific allegations following the suspension of a three-year resea.
UPDATE: NZ dollar tumbles after Fed's Yellen indicates rate hikes are coming
Thu, 18th Dec 2014
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new zealand dollar
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inflation
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us federal reserve
The New Zealand dollar tumbled about 1 US cent after US Federal Reserve chair Janet Yellen indicated higher US interest rates are coming, and was m.