The New Zealand sharemarket continued to reflect a patchy economy, ending today mixed on light volume. more... |
The New Zealand dollar drifted lower for most of a quiet session but recovered to finish near where it started. more... |
Residential property sales last month were closer to 2009 levels after in January reaching their lowest level in nearly two decades, Real Estate Institute of New Zealand (REINZ) figures show. more... |
Shares in The Warehouse were up 2 percent when the market opened today after the retailer announced a 17 percent rise in half year net profit to $57.4 million, although the company described the recovery in overall retail spending as "patchy". more... |
The New Zealand dollar was bobbling around the US70c mark at 8am today, having dropped to about US69.65c a few hours earlier, its lowest point after tumbling yesterday on the Reserve Bank's no change scenario for interest rates. more... |
The New Zealand sharemarket closed little changed on a day in which the Reserve Bank did as expected and left official interest rates at a record low 2.5 percent. more... |
The New Zealand dollar fell in the wake of the Reserve Bank of New Zealand's Monetary Policy Statement (MPS) even though the official cash rate was held unchanged at a record low of 2.5 percent. more... |
Banks seem keen to lend more to businesses and households but both sectors have became more cautious as they deal with fallout from the recession, Reserve Bank Governor Alan Bollard told MPs today. more... |
Food prices fell 1.3 percent in February, with prices for fruit and vegetables, meat and fish, and groceries all falling from January. more... |
The New Zealand sharemarket slipped in early trading, with key stocks losing ground or staying flat after the Reserve Bank did as expected and left official interest rates at a record low 2.5 percent. more... |