
NZ dollar rises on employment growth
The New Zealand dollar rose after figures showed third-quarter employment growth was almost three times as fast as economists expected.
The New Zealand dollar rose after figures showed third-quarter employment growth was almost three times as fast as economists expected.
Farm finances starting to look much better after a big lift in dairy prices at the latest GloblaDairyTrade sale.
The New Zealand edged up against the greenback after a busy night of mixed economic data.
Wall Street dropped amid concern about the US Presidential election result.
The sustained growth in house values in Tauranga is expected to slow down.
The United States and Canada were New Zealand's biggest foreign investors over the last three years.
Sheep and beef farmers are in for a 13 per cent fall in income this year, particularly if the NZ dollar remains high, according to Beef and Lamb NZ.
New Zealand shares declined with Sky Network Television leading the index lower again, falling along with Xero and Genesis Energy.
The NZD fell against the Aussie after the market took the view that the Reserve Bank of Australia is done with cutting interest rates for now.
Wall St was mixed amid better-than-expected US report on consumer spending and disappointing corporate earnings.
COMMENT: Two high-profile collapses from NZX-listed companies lately won't do wonders for the way bystanders perceive share investing.
It's been a disappointing season for sheep farmers but shareholders in Alliance Group - the country's biggest sheep meat processor - to look forward to.
New Zealand shares were mixed, with Sky Network Television, Restaurant Brands New Zealand and A2 Milk Co dropping while Spark New Zealand rose.
NZ business confidence dipped this month as firms started to face tighter credit conditions.
The stock market operator's sales were bolstered by a flurry of new debt listings and an expanding funds management business.
A Donald Trump win in next week's US presidential election would be bad news for the New Zealand economy, say ASB economists.
Christopher Niesche looks at the poor crisis management of the tragedy.
Gold futures rallied to a three-week high after US Federal Bureau said it's reopening an inquiry into Hillary Clinton's email use.
COMMENT: What went wrong? Can directors, management and investors learn any lessons from these corporate collapses?
Meridian chief executive Mark Binns says he wants to see the Tiwai Point aluminium smelter stay, "but not at any cost".
The country's largest contract labour company, lifted first-half profit 15 per cent to $3.9 million.
The New Zealand dollar fell as rising US Treasury bond yields help drive up the greenback.
Wall Street was mixed, while US Treasuries slid, as the latest economic data cemented bets the Federal Reserve will raise its key interest rate in December.
The world's biggest fund manager is to provide KiwiSaver investors with an ethical investment option.
New Zealand shares bounced back from Wednesday's 1.5 per cent drop, led by Port of Tauranga and Scales Corporation while Comvita continued to fall.
New Zealand shares bounced back from yesterday's 1.5 per cent drop, led by Port of Tauranga and Scales Corporation while Comvita continued to fall.
NZ's monthly trade deficit widened to a record in September as meat exports dropped to their lowest level in more than three years.
The New Zealand dollar fell against the Chinese yuan on concern Beijing's devaluation of its currency is a negative signal about the Chinese economy.
The organiser of a proposed class action against the directors of software company Wynyard says shareholders are lining up to join.
Dreamworld CEO Deborah Thomas told a press conference staff are shattered by the events and that her thoughts and prayers are with the families.