Record high for NZX
New Zealand shares rose to a new record close, led by a2 Milk Co as Australian investors continued to back growing demand for the milk marketer's infant formula.
New Zealand shares rose to a new record close, led by a2 Milk Co as Australian investors continued to back growing demand for the milk marketer's infant formula.
Bunnings, the hardware chain owned by Australian Wesfarmers, has more than doubled annual profit in New Zealand.
Despite the carnage from the Paris terrorist attacks, world financial markets have been relatively resilient in the face of political change.
Wall St climbed overnight after earnings from Wal-Mart and Home Depot were better than expected.
Shareholder showdown looming over plans to award more than $500,000 to new chief executive.
A shareholder showdown is looming over plans to award A$546,000 in performance rights to new Kathmandu chief executive Xavier Simonet.
Negative impact on world markets following Paris terrorists attacks is tipped to be short-lived.
Professional equity managers of mutual funds, pension funds or hedge funds use a number of methods to try to beat their benchmark index.
Fonterra boss Theo Spierings wasn't mincing his words this week when asked about rival Synlait Milk's moves to sell cut-price infant formula in China.
There are some fundamental issues with investing in ethical funds which retail investors should be aware of.
New Zealand chicken producer Tegel could end up being Australasia's first major public share offering of 2016.
The A$30 billion combined annual cash profit reported by Australasia's big four banking giants is an eye-popping figure by anyone's measure.
Xero has posted a loss of $44.3m for the half year, but revenues are growing strongly.
Priest sought to remove a claim against his shares by RAM liquidator Fisk, arguing his investments through Ross were separate to the Ponzi scheme.
The benchmark index's October run was bolstered by investor demand for investments paying regular income in a low interest rate environment.
Moves by global financial players to close New Zealand-based operations are disappointing and put the local industry in danger of losing critical mass, a top fund manager says.
Xero slowed its quarterly cash burn during July to September as customer receipts rose more quickly than its wage costs.
Deutsche Bank is closing its local NZ operation as part of a massive global overhaul that will see it shed 35,000 staff.
Stock markets have hit a bumpy patch with the global equity benchmark now down by around 11% in US$ terms since its 2015 high point.