Rakon's shares soar after $14.4m deal
A Taiwanese investor is providing a shot in the arm which could be a "game-changer".
A Taiwanese investor is providing a shot in the arm which could be a "game-changer".
Wall Street moved higher, as did US Treasuries and gold, as investors remained upbeat about the outlook but also stocked up on more defensive assets.
New Zealand shares rose, led by Infratil and Tegel Group Holdings, while A2 Milk extended its decline.
The New Zealand dollar consolidated below 70 US cents, recovering some ground from Friday's selloff in New York.
COMMENT: The annual reports show a mixed year for Government-owned commercial companies.
The price of whole milk powder, New Zealand's key commodity export, is likely to be little changed next week.
Wall Street climbed, a day after the Federal Reserve signalled a steeper path for interest rate increases.
US Federal Reserve chair Janet Yellen's announcement of an official rate hike marked a significant milestone for the world's financial markets.
New Zealand shares fell again, led lower by Tegel Group Holdings which cut its guidance, Orion Health Group and Sky Network Television.
Craigs Investment Partners has written to its partners recommending that shareholders in Hellaby Holdings accept the offer from Bapcor at $3.60 a share.
Veritas Investments will wind up its unprofitable Nosh supermarket business to keep in the good graces of its lender, ANZ Bank New Zealand.
Home owners will get a steer tomorrow morning as to the future direction of their mortgage interest rates.
SKY TV has cut its 2017 earnings guidance citing rising content costs and falling revenue and subscribers.
Shares in outgoing NZX 50 member Orion Health have risen by 2.3 per cent after the IT healthcare business said it had signed a new, expanded agreement with an American client.
Wall Street climbed to fresh records, again, while US Treasuries slid.
COMMENT: The potential for political change always brings uncertainty, Mark Lister writes.
New Zealand shares continued to drift with Heartland Bank and Ryman Healthcare dropping, while Tower and Kiwi Property Group gained.
The New Zealand dollar gained with prices of commodities as traders awaited the results of the Federal Reserve's two-day policy meeting.
Heartland Bank's trading halt has been lifted after the bank raised $20 million from institutional investors at $1.46 per share.
Insider trading is a complex, controversial offence with a reputation for being under-detected and under-prosecuted but are the penalties fair?
OceanaGold Corp expects increased gold production at a cheaper cash cost in 2017.
Wall Street was mixed, after both the Dow and the S&P 500 touched record highs again, while oil prices rallied amid a fresh agreement
New Zealand shares dipped, led lower by A2 Milk Co on bad sentiment in the infant formula sector, while Orion Health Group continued to bounce.
The New Zealand dollar was little changed against the greenback ahead of this week's Federal Reserve policy meeting.
As anticipated, the latest round of lending restrictions announced by the Reserve Bank in late July have taken some heat out of the property market.
Investors saving for their retirement face something of a perfect storm at the moment. We are now in an era of low returns yet
The Shanton clothing chain is once again in financial strife with receivers taking control of the retailer.
The post-election rally has taken stock markets to all-time highs, but recent gains raise some interesting questions.
Wall Street climbed to fresh records as optimism about the outlook for the US economy prevailed.
Political instability, higher interest rates and inflation are some of the big global trends for investors in 2017, says Pie Funds CEO Mike Taylor.