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Risk appetite returns to lift NZ dollar
The New Zealand dollar strengthened overnight as the greenback declined broadly.The kiwi started rising around noon yesterday when it dipped briefly to US72c, and by 8am was at US73.29c.Weakness in...
- NZPA Tuesday November 24, 09:02 AM -
TelstraClear mulls call centre move
TelstraClear is carrying out a feasibility study that raises the possibility of call centre work in Christchurch and Paraparaumu being moved overseas.Spokesman Chris Mirams said the study was looking...
- NZPA Tuesday November 24, 08:04 AM -
Zespri export monopoly faces WTO questions
Turners and Growers executives running a campaign to break down the single-desk platform for kiwifruit exports appear to have ambushed the growers' marketer at the World Trade Organisation.WTO talks...
- NZPA Tuesday November 24, 08:00 AM -
Lamb numbers up, but profits kneecapped by high dollar
Lamb numbers are showing some signs of recovery, and agricultural economists say this spring's record lambing percentage increased numbers by 6.2 percent.Meat and Wool New Zealand's economic service...
- NZPA Monday November 23, 08:38 PM -
Impey to step down at end of year from MediaWorks
Brent Impey is standing down as chief executive of MediaWorks NZ Ltd, owner of TV3, at the end of the year.Chairman Brent Harman said the company would in future have chief executives of its radio...
- NZPA Monday November 23, 07:49 PM -
NZ sharemarket starts week little changed
The New Zealand sharemarket started the week flat on light volume but annual meetings and trading updates provided interest in selected stocks.The benchmark NZSX-50 index closed down 0.653 points, or...
- NZPA Monday November 23, 06:11 PM -
NZ dollar ends off lows of session
The New Zealand dollar traded at levels not seen for about two weeks but finished the session off lows.By 5pm today, the NZ dollar was buying US72.66c, little changed from the US72.47c at 8am and...
- NZPA Monday November 23, 05:25 PM -
Pike River believes bond condition will be extended
Pike River Coal expects to gain an extension to the production condition on its US$27.5 million (NZ$38.4m) Liberty Harbor convertible bonds.Pike River has asked Liberty Harbor to extend a production...
- NZPA Monday November 23, 03:45 PM -
Kathmandu enters NZX 50
Kathmandu Holdings Ltd, the outdoor goods retailer, is replacing Methven Ltd in the NZX 50 Index.Kathmandu listed on the New Zealand and Australian stock exchanges on November 13 at a premium to its...
- NZPA Monday November 23, 01:41 PM -
Exploration well to be drilled in Taranaki Basin
A drilling rig is expected to reach the Albacore exploration area in the northern Taranaki Basin by tomorrow to drill an exploration well.New Zealand Oil & Gas (NZOG) has a 40 percent share in the...
- NZPA Monday November 23, 01:25 PM -
Big fall in number of Kiwis leaving NZ
The annual net migration gain reached its highest figure in five years, as the global financial crisis caused a fall off in the number of people leaving.Figures published today by Statistics New...
- NZPA Monday November 23, 12:10 PM -
Overseas visitors flock to NZ in record numbers
Australian visitors continued to give the tourist industry a boost, with short-term overseas visitor arrivals reaching an October record last month of 187,400.That was an increase of 13,400 or 8...
- NZPA Monday November 23, 11:53 AM -
Ryman Healthcare boosted by valuation rises
Aged care and retirement village operator Ryman Healthcare lifted half year net profit 9.5 percent to $38.5 million, boosted by property valuation rises.Realised profit for the six months to the end...
- NZPA Monday November 23, 11:19 AM -
NZ sharemarket lifts in early trading
The New Zealand sharemarket rose in early trading, even as leading stock Telecom slipped nearly 3 percent.Around 10.15am, the benchmark NZSX-50 index was up 4.31 points to 3117.94, having lost 27.5...
- NZPA Monday November 23, 10:40 AM -
Strong first quarter sales for Postie Plus
Clothing and nursery product retailer Postie Plus Group lifted first quarter sales 15 percent from a year earlier .Chief executive Ron Boskell said the group should significantly reduce its customary...
- NZPA Monday November 23, 10:27 AM
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