Argosy Property earnings rise 22pc
The listed property investor increased first-half earnings 22 per cent as it benefited from the rising value of its portfolio.
The listed property investor increased first-half earnings 22 per cent as it benefited from the rising value of its portfolio.
The greenback extended its rally on speculation US president-elect Donald Trump will enact policies that stoke economic growth.
Unaccounted money makes up nearly a quarter of India's economy, but new measures have seen drastic consequences.
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.
BP decreased oil prices across New Zealand today with 3 cents per litre from both diesel and petrol.
A potentially drastic fall in China's reserves risks reviving last year's currency panic and further rattling world stock markets.
If you're heading to the United States in the near future you might want to exchange your money now, a foreign exchange expoert has warned.
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.
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
Whole milk powder, is expected to rise at this week's GlobalDairyTrade auction after two consecutive declines, according to traders.
NZ shares rose slightly, led by Summerset Group Holdings and Air New Zealand, while Steel & Tube Holdings also gained.
NZ shares dropped for the fifth consecutive session to a near-three-month low, led down by Auckland International Airport, Ryman Healthcare and Chorus.
COMMENT:Ten reasons why building a buffer has its benefits.
NZ shares fell for the fourth straight session, led lower by Trade Me Group, Chorus and NZME as News Corp sold its stake in the local news provider.
Chicago Federal Reserve president Charles Evans jetted into Auckland this week and delivered a message which, when boiled down to
Wall Street rose in a broad rally with the price of oil on an unexpected drop in US stockpiles and better-than-expected data.
BP has spilled hundreds of barrels of oil in the North Sea, in a leak from its Clair platform.