Sunday, 24 March 2019

Markets

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Recent News
  • PREVIEW: RBNZ tipped to keep cash rate at 1.75%

    19:40 | 22/3/19
    Scoop
    PREVIEW: RBNZ tipped to keep cash rate at 1.75%, reiterate next move could be up or down  more»
  • Sky TV hires Deloitte partner as fill-in CFO

    19:39 | 22/3/19
    Scoop
    March 22 (BusinessDesk) - Sky Network Television has hired Deloitte Audit & Advisory partner Andrew Dick as interim chief financial officer while the pay-TV operator seeks a replacement for veteran Jason Hollingworth.  more»
  • Vector fined $3.6 mln in industry first

    19:37 | 22/3/19
    Scoop
    March 22 (BusinessDesk) - Vector, the country’s biggest electricity distributor, has been fined almost $3.6 million for breaching its reliability standards in the 2015 and 2016 financial years. more»
  • Label it Right Initiative Launched by Spirits New Zealand

    16:27 | 22/3/19
    Scoop
    An initiative aimed at lifting compliance with alcohol labelling laws was launched by Spirits New Zealand today. “ Label it Right ” will see information sent to trade detailing what a legal alcohol label looks like as well as allowing illegally ... more»
  • Dry weather cutting dairy production, boosting power costs

    15:56 | 22/3/19
    Scoop
    March 22 (BusinessDesk) - New Zealand milk production fell from year-earlier levels for the first time in 11 months in February due to dry weather.  more»
  • KiwiSaver manager Milford dumps $14m of Facebook shares

    15:42 | 22/3/19
    Scoop
    March 21 (BusinessDesk) - KiwiSaver fund manager Milford Asset Management dumped its shareholdings in social media giant Facebook on Monday and joined the call from government-backed retirement fund managers for Facebook, Google and Twitter to take ... more»
  • Vector penalised $3.5 million for excessive level of outages

    12:27 | 22/3/19
    Scoop
    Auckland electricity lines company Vector Limited has been ordered by the Auckland High Court to pay a penalty of $3.575 million for breaching its network quality standard through an excessive level of power outages. more»
  • Network for Learning welcomes Colin MacDonald as new Chair

    11:50 | 22/3/19
    Scoop
    Crown Company Network for Learning (N4L) welcomes the appointment of Colin MacDonald as its new Chair.  more»
  • Data and doves

    11:49 | 22/3/19
    Scoop
    Stronger European and US data complemented confirmed Federal Reserve dovishness to drive assets higher in overnight trading. A modest lift in the US dollar saw most commodities retreat from recent highs. There was a distinct contrast between continental ... more»
  • ExportNZ Awards entries open to cream of Bay crop

    11:12 | 22/3/19
    Scoop
    Entries are open for the 29th annual Bay of Plenty ExportNZ Awards, which celebrate the cream of the Bay’s export crop.  more»
  • NZ dollar dips back below 69 US cents, focus shifting to RBN

    11:07 | 22/3/19
    Scoop
    March 22 (BusinessDesk) - The New Zealand dollar fell back below 69 US cents after better-than-expected US data and uncertainty over US-China trade and Brexit.  more»
  • Top Energy's geothermal expansion to cut lines charges

    10:30 | 22/3/19
    Scoop
    March 22 (BusinessDesk) - Lines company Top Energy says a $300 million expansion of its geothermal development at Ngawha will fundamentally change the shape of its business and enable it to slash electricity costs for the region’s 64,000 residents. more»
  • Fourth generation farmers announced as Ballance Winners

    09:56 | 22/3/19
    Scoop
    - Duncan and Tina Mackintosh, of White Rock Mains, are the 2019 Regional Supreme Winners for Canterbury - - The Mackintoshes are the fourth generation to farm the sheep, beef and dairy support property - - They show an admirable dedication to helping ... more»
  • HiFX morning Update, March 22, 2019

    09:35 | 22/3/19
    Scoop
    The NZD opens at 0.6872 It was quite the day across the board yesterday. The Fed holding rates steady and the dovish FOMC statement saw a selloff in the USD early yesterday morning. It was actually a fairly solid move of circa 1%, which was relatively ... more»
  • Working people are united in diversity

    09:25 | 22/3/19
    Scoop
    Unions strive for a world of shared prosperity and free of discrimination, in which all people can live and work in dignity. On International Day for the Elimination of Racial Discrimination, the ITUC issues a rallying call for solidarity to triumph ... more»
Global Indices
CodeLastChange
COMP7,6431962.50%
DJI25,5024601.77%
SP5002,801541.90%
DAX13,4662361.78%
FTSE7,48850.07%
NI22522,4204081.86%
TWI73.420.140.19%
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Currencies
CodeLastChange
EURUSD1.1300.0070.65%
NZDUSD0.68730.00140.20%
AUDUSD0.70790.00350.49%
NZDAUD0.97070.00260.27%