
Kiwi little changed after US 71c peak
The New Zealand dollar was little changed, having earlier risen above 71 US cents as crude oil led gains.
The New Zealand dollar was little changed, having earlier risen above 71 US cents as crude oil led gains.
NZ shares were mixed as Orion Health Group plunged following its first-half results, while Sky Network Television and Contact Energy gained.
Augusta Capital has filed High Court proceedings seeking orders requiring listed property investor NPT to call a meeting of shareholders to discuss its hostile bid.
OceanaGold Corp, owner of New Zealand's biggest gold mine at Macraes, is to delist from the NZX at the end of the year to reduce compliance costs.
The kiwi dollar traded at 70.35 US cents from 70.37 cents in New York on Friday.
Just over two weeks into its biggest fight against tax evasion, India's regulatory flip-flops are confusing citizens.
NZ shares rose, pushing the NZX 50 Index to a three-week high as gains in offshore equity markets helped sentiment in the domestic exchange.
Abano Healthcare expects to pay a first-half dividend of between 11 and 16 cents per share.
The listed property investor increased first-half earnings 22 per cent as it benefited from the rising value of its portfolio.
COMMENT: Why did the exchange pursue a hugely expensive, and ultimately unsuccessful, legal claim?
New Zealand shares rose as buyers came back into the market, led upwards by Auckland International Airport and Ryman Healthcare.
Last week the kiwi was under pressure against the US dollar, but this morning it is all about the earthquake.
COMMENT: Investors take a glass-half-full approach and focus on hopes spending will get US economy moving again.
NZ shares declined at the end of a volatile week that saw Donald Trump win the US presidency.
The New Zealand dollar tumbled against the yen as speculation grew that Donald Trump could win the White House.
Japanese lawmakers are revisiting a plan to build a $6.7 billion natural gas pipeline from Russia ahead of a visit by President Vladimir Putin.
New Zealand shares bounced off a four-month low, led up by Metro Performance Glass, A2 Milk Co and Z Energy, as part of an Asian rally.
BP decreased oil prices across New Zealand today with 3 cents per litre from both diesel and petrol.
The collapse this week of former market darlings Pumpkin Patch and Wynyard Group has raised concerns.
New Zealand shares fell, following the Australian market lower as Comvita suffered from weaker sales.
The New Zealand dollar fell against its trans-Tasman counterpart as iron ore prices bolstered demand for the Aussie.
New Zealand shares rose, led by Air New Zealand, SkyCity Entertainment Group and Fletcher Building.
The kiwi fell to 71.31 US cents as at 8am in Wellington from 71.57 cents in late Asian trading yesterday.
The NZ share market could fall into "correction" territory this week - more than 10 per cent down from its record high on September 7.
COMMENT: Anyone with exposure to coal right now is enjoying a thrilling ride - though it's been a long time coming.
The US dollar was broadly stronger after the European Central Bank said it was in no hurry to end quantitative easing measures.
Statistics New Zealand's latest Food Price Index showed the price of this country's favourite meat had fallen 11 per cent over the 12 months to September to a nine-year low.
The kiwi rose to 72.28 US cents as at 8am in Wellington, having earlier touched a 2-week high of 72.48 cents, from 72.12 cents late yesterday.
The stock first traded at $1.16 on the NZX, valuing the company at about $160 million.
New Zealand shares fell as last week's sell-off continued, with SkyCity Entertainment and Orion Health dropping while Tegel and A2