Super Fund kudos shows Govt folly
JPMorgan's hat tip to the New Zealand Superannuation Fund was PR manna from heaven after all the hoo-haa a few months back over its ill-fated Portuguese excursion.
JPMorgan's hat tip to the New Zealand Superannuation Fund was PR manna from heaven after all the hoo-haa a few months back over its ill-fated Portuguese excursion.
More than half a billion dollars has been wiped off the value of NZX-listed electricity firms today.
Wall St moved lower overnight with European equities as the posturing between Greece and its international creditors continued.
The swiftness of the New Zealand dollar's drop in recent weeks has taken many businesses by surprise, says ASB Bank.
The drop in the New Zealand dollar has enabled local video games producer to focus on expansion and growing its workforce.
Global shares traded in a narrow range overnight as investors assessed data pointing to a brighter outlook and awaited Greek bailout news.
Currencies tend to act like a country's share price, falling to reflect a worsening outlook and rising when things start to look brighter, says Mark Lister.
Wall Street rose overnight, pushing the Nasdaq to a record, amid optimism Greece and its international lenders are finally nearing a deal.
A battle is brewing over a nearly fivefold jump in fees for some companies listed on the NZAX alternative market.
A device that sends text messages to a farmer when a cow is about to give birth is now available in New Zealand.
Brace yourself for life with a less valuable dollar. It won't be easy, we've grown used to the buying power that a strong currency brings.
Last week the world's greatest living investor and third richest person made his first foray into the Australian stock market with a A$500 million stake in insurer IAG.
D-Day could be approaching for the NZAX's numerous penny dreadfuls.
Gross domestic product grew just 0.2 per cent in the first three months of the year, according to Statistics New Zealand.
New Zealand earned $8.6 billion less from the rest of the world through trade and investment in the year to March than the rest of the world earned from us.
A Government-commissioned report has recommended the creation of an authority with the power to acquire private land for large-scale housing developments.
Fonterra has once again successfully tapped into the so-called dim sum bond market in Hong Kong by this week raising 1 billion renminbi ($230 million) through a five-year bond.
Wall St moved lower overnight amid concern about the hardening of stances in talks between Greece and its international creditors as this month's deadline looms large.
Economists expect the pace of economic growth to have slowed when the March quarter national accounts are released on Thursday.
The New Zealand dollar extended its decline after sinking below US70c last week for the first time in five years, with traders awaiting economic data for clues to the track of interest rates.
Brazil's so-called little crop is going to be bigger than ever, flooding an already oversupplied global corn market and further pressuring prices.
House prices in Hong Kong have risen at the fastest pace of any country in the world over the 12 months to March.
New Zealand apple growers have enjoyed another strong season and the industry looks set to hit the goal of $1 billion in export receipts earlier than the 10-year target of 2022.
Cooks Global Foods, which is taking the Esquires coffee chain outside New Zealand and Australia, narrowed its annual loss while expanding its global footprint.
More falls in dairy prices are expected in the next few months, but futures market pricing suggests a mild bounce-back might take place at tomorrow's GlobalDairyTrade auction.
The NZX will this week launch the NXT board, a new market for small, growth-focused firms.
Christopher Niesche writes: Nine chief executive David Gyngell said the profit downturn was a cyclical issue, "bump, not a hill". But is it?
Australia's house price gains are expected to slow although prices are unlikely to fall in the near-term, an investment bank says.