World Week Ahead: US earnings, Spanish worry

Article – Businesswire

World Week Ahead: US earnings, Spanish worry By Margreet Dietz April 16 (BusinessDesk) – A big week of US first-quarter earnings might help lift the mood in coming days, though the euro zone’s sovereign debt crisis is again front and centre on every investor’s … Read more »

RESEND: Dairy product prices snap 3-month slide

Article – Businesswire

April 4 (BusinessDesk) – Prices of dairy products snapped a three-month slide in Fonterra Cooperative Group’s latest GlobalDairyTrade auction, lifting the average winning price from the lowest level since August. Read more »

Dairy product prices snap 3-month slide

Article – Businesswire

April 4 (BusinessDesk) – Prices of dairy products snapped a three-month slide in Fonterra Cooperative Group’s latest GlobalDairyTrade auction, lifting the average winning price from the lowest level since August. Read more »

Fonterra’s van der Heyden tapped for Tainui Group board

Article – Businesswire

April 2 (BusinessDesk) – Henry van der Heyden has been appointed to the board of Tainui Group Holdings, the commercial arm of the Waikato-based tribe, replacing John Spencer whose term as chairman ends on June 30. Read more »

World Week Ahead: Can US data deliver?

Article – Businesswire

April 2 (BusinessDesk) – Riding high on a strong quarter, investors will be focusing this week on a flurry of data to see whether the strength of the global economy, in particular the US, warrants further gains on Wall Street and European bourses. Read more »

MARKET CLOSE: NZ shares gain; Fletcher, Hallenstein rise

Article – Businesswire

March 26 (BusinessDesk) – New Zealand shares rose amid optimism the economy will pick up pace this year, even as China changes down a gear. Fletcher Building and Hallenstein Glasson Holdings paced the advance. Read more »

NZ dollar falls; traders seek clues to pace of global growth

Article – Businesswire

March 26 (BusinessDesk) – The New Zealand dollar fell as investors await more evidence of the pace of global growth, including Chinese manufacturing and US consumer confidence and durable goods orders. Read more »

Stewart family’s Masthead sells 10.2% holding in Ebos

Article – Businesswire

March 26 (BusinessDesk) – Masthead, the investment vehicle of the Stewart family of Christchurch, sold its 10.2 percent of medical and pet supplies company Ebos Group for about $37.2 million. Read more »

NZ posts trade surplus in February amid port disputes

Article – Businesswire

March 26 (BusinessDesk) – New Zealand’s trade balance was back in surplus in February, though the government statistician said weaker than expected imports and exports may have been impacted by escalating industrial action around the country. Read more »

NZF trading halted again pending ‘material announcement’

Article – Businesswire

March 26 (BusinessDesk) – Trading in NZF Group shares and bonds has been halted as the company, which is under investigation by the Serious Fraud Office, prepares to make a material announcement. Read more »

NZ dollar falls on global growth doubts, before trade data

Article – Businesswire

March 26 (BusinessDesk) – The New Zealand dollar fell amid doubts that global growth will pick up pace as China’s manufacturers slow their output and traders await further signs of a revival in the US economy. Read more »

World Week Ahead: US economic focus

Article – Businesswire

World Week Ahead: US economic focus By Margreet Dietz March 26 (BusinessDesk) – Investors appear to be waiting for a slew of fresh clues this week on the state of the US economy to help renew, and extend, Wall Street’s 2012 rally. The S&P 500, … Read more »

Paul Callaghan, scientist who resonated with public, dies

Article – Businesswire

March 24 (BusinessDesk) – Sir Paul Callaghan, the 2011 Kiwibank New Zealander of the Year and a man widely credited with helping science resonate with ordinary Kiwis, has died. Read more »

NZ current-account deficit shrinks in 4Q on dairy exports

Article – Businesswire

March 21 (BusinessDesk) – New Zealand’s current-account deficit narrowed more than expected in the fourth quarter, reflecting record exports of dairy products and lower dividends paid to overseas investors. Read more »

Prices of dairy products fall 4.5%, biggest drop in 8 months

Article – Businesswire

March 21 (BusinessDesk) – Prices of dairy products fell by the most in eight months on Fonterra Cooperative Group’s GlobalDairyTrade platform amid concern demand for commodities may be slowing with China’s growth outlook. Read more »

World Week Ahead: Building on US housing

Article – Businesswire

World Week Ahead: Building on US housing By Margreet Dietz March 19 (BusinessDesk) – Riding high on recent gains investors will be looking to data on US housing, purchasing managers’ surveys from China and Europe, as well as Japan’s latest trade numbers … Read more »

World Week Ahead: Wall Street awaits Fed, inflation data

Article – Businesswire

World Week Ahead: Wall Street awaits Fed, inflation data By Margreet Dietz March 12 (BusinessDesk) – The latest Federal Reserve take on the US economy and inflation reports this week may go a long way to determining whether investors will finally … Read more »

NZ dollar climbs as rises almost 1 US cents on Greek deal

Article – Businesswire

March 9 (BusinessDesk) – The New Zealand dollar gained almost 1 US overnight on optimism Greece will secure its second bailout package, making back the ground lost yesterday when Reserve Bank Governor Alan Bollard tried to talk down the currency. … Read more »

DHBs get ‘could do better’ score on asset management

Article – Businesswire

March 6 (BusinessDesk) – New Zealand’s district health boards need to apply more rigour to the management of their assets if they are to improve financial planning and lift the quality of their services, according to the Auditor-General. Read more »

Prices of dairy products fall 0.9% on GlobalDairyTrade

Article – Businesswire

March 7 (BusinessDesk) – Prices of dairy products fell for the third straight sale on the GlobalDairyTrade platform in a week in which China lowered its target for economic growth and figures confirmed Europe’s economy contracted. Read more »

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