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ANALYSIS: Grand Vista for cinema software expansion

Article – BusinessDesk

June 24 (BusinessDesk) – Vista Group has mightily rewarded investors since its November 2014 float, the share price having risen more than fivefold. Read more »

NZD steady, focus on RBNZ rate decision

Article – BusinessDesk

June 24 (BusinessDesk) – The New Zealand dollar is steady against the greenback ahead of this week’s domestic monetary policy review. Read more »

MARKET CLOSE: NZ shares gains in heavy trading

Article – BusinessDesk

June 21 (BusinessDesk) – New Zealand shares rose in heavy trading late in the day as investors adjusted for the reweighting of several major indices. Utilities and property companies offering reliable dividends remained in vogue. Read more »

NZ dollar gains as Fed dovishness drags the greenback down

Article – BusinessDesk

June 21 (BusinessDesk) – The New Zealand dollar is heading for a gain of more than 1 US cent for the week as the greenback continued to slide after the Federal Reserve turned dovish earlier this week. Read more »

Woods defends 100% renewable power target

Article – BusinessDesk

June 21 (BusinessDesk) – The government is defending its 100 percent renewable electricity target against criticism that it risks distracting efforts from cheaper and larger emission reduction efforts elsewhere. Read more »

Green Investment Fund targets will depend on portfolio

Article – BusinessDesk

June 21 (BusinessDesk) – The governments $100 million Green Investment Fund isnt targeting an overall rate of return, but will instead weigh up each investment on an individual basis. Read more »

Tech start-up snares $4.1 mln in Silicon Valley capital

Article – BusinessDesk

June 21 (BusinessDesk) – An Auckland-based tech start-up owned by two Russian emigre ICT engineers has raised $4.1 million in seed funding to pursue rapid revenue growth for Termius, an encrypted product that allows users to synchronise data across multiple … Read more »

King Salmon sees flat earnings for 2020

Article – BusinessDesk

June 21 (BusinessDesk) – New Zealand King Salmon Investments expects 2020 annual earnings will match this year’s take and it will boost capital spending in an effort to mitigate the higher mortality rate caused by warmer water. Read more »

NZ dollar extends gain on Fed outlook, soft US data

Article – BusinessDesk

June 21 (BusinessDesk) – The New Zealand dollar extended its gains against the greenback as weak US manufacturing data raised concern about a possible slowdown there. Read more »

MARKET CLOSE: NZ shares dip: blue-chips give up recent gains

Article – BusinessDesk

June 20 (BusinessDesk) – New Zealand shares fell as blue-chip stocks trading near record-highs gave up some of their recent gains. Infratil led the market lower after shedding rights to its final dividend. Read more »

MARKET CLOSE: NZ shares dip: blue-chips give up recent gains

Article – BusinessDesk

June 20 (BusinessDesk) – New Zealand shares fell as blue-chip stocks trading near record-highs gave up some of their recent gains. Infratil led the market lower after shedding rights to its final dividend. Read more »

NZ dollar benefits from dovish Fed, domestic growth

Article – BusinessDesk

June 20 (BusinessDesk) – The New Zealand dollar gained after the US Federal Reserve left the door open for rate cuts and data showed the domestic economy grew 0.6 percent in the first quarter. Read more »