Friday, 17 August 2018

Latest News

  • HiFX morning Update, August 14 2018

    08:40 | 14/8/18
    The NZDUSD opens at 0.6573 (mid-rate) this morning.  more»
  • UPDATE: Govt hints at higher carbon price cap

    20:56 | 13/8/18
    Aug. 13 (BusinessDesk) - The government is hinting it will lift the $25 a tonne upper limit on the price of a New Zealand Unit of carbon dioxide in the Emissions Trading Scheme, in an announcement following hard on a doubling of funding for government ... more»
  • MARKET CLOSE: NZ shares fall as Turkey woes ripple through

    20:54 | 13/8/18
    MARKET CLOSE: NZ shares fall as Turkey woes ripple through markets; blue chips include F&P, Fletcher drop  more»
  • Exporter demand halts NZ dollar's slide

    20:20 | 13/8/18
    Aug. 13 (BusinessDesk) - The New Zealand dollar was largely unchanged in local trading as exporters piled into the currency at a two-year low, offsetting the downbeat tone sparked by Turkey's economic woes.  more»
  • Go Bus response to First Union claims

    20:05 | 13/8/18
    In response to First Union’s press release ‘Waikato bus drivers’ strike over unsafe work conditions’  more»
  • Economists see more pain in store for the New Zealand dollar

    19:27 | 13/8/18
    Aug. 13 (BusinessDesk) - The New Zealand dollar was roiled by the Reserve Bank’s surprisingly dovish stance last week and economists say there is more downside to come as US interests rates rise and the global trade outlook remains uncertain.  more»
  • Scales sells bulk liquid storage unit for $20M

    19:25 | 13/8/18
    Aug. 13 (BusinessDesk) - Scales Corp will sell its bulk liquid storage unit to Taranaki's SBT Group for $20 million as the agriculture group builds up a war chest to seek out new acquisitions.  more»
  • Govt doubles funding for tree-planting

    19:24 | 13/8/18
    Aug. 13 (BusinessDesk) - The government is doubling to nearly $500 million the funding for forestry planting from its Provincial Growth Fund, meaning one-sixth of the $3 billion, three-year fund will be spent on trees.  more»
  • Marsden Point firefighting foams

    18:29 | 13/8/18
    Reports by Radio New Zealand about contamination from firefighting foams at the Marsden Point Refinery are misleading.  more»
  • Farmers workers pledge opposition to labour-hire

    17:21 | 13/8/18
    Distribution workers at Farmers are taking a stand in solidarity with their labour-hire colleagues who do not receive the protection of the same terms and conditions of permanent work. Some labour-hire employees have been working at the distribution ... more»
  • Contact to improve access to prompt-payment discounts

    17:17 | 13/8/18
    Aug. 13 (BusinessDesk) - New products being developed by Contact Energy will improve benefits to customers and make it harder for them to miss out on prompt-payment discounts, chief executive Dennis Barnes says. more»
  • Lisa Owen to Present Checkpoint on RNZ

    16:58 | 13/8/18
    Investigative journalist Lisa Owen is joining RNZ as a drive-time news and current affairs presenter, fronting the agenda-setting, multimedia Checkpoint programme.  more»
  • NZ steel operations deliver strongest earnings lift

    16:04 | 13/8/18
    Aug. 13 (BusinessDesk) - BlueScope Steel's two Kiwi businesses, New Zealand Steel and Pacific Steel, delivered an 84 percent lift in underlying earnings in the year to June 30, outstripping strong gains across the rest of the multi-national Sydney-based ... more»
  • JB Hi-Fi expects another year of shrinking NZ sales

    15:29 | 13/8/18
    Aug. 13 (BusinessDesk) - JB Hi-Fi expects to see another year of declining revenues on this side of the Tasman as the ASX-listed discount consumer electronics retailer attempts to drive profitability in its New Zealand unit. more»
  • Forsyth Barr cuts future dividend forecast for Fonterra

    15:05 | 13/8/18
    Aug. 13 (BusinessDesk) - Forsyth Barr has cut its dividend expectations for Fonterra Cooperative Group for the next two years after the dairy giant last week abandoned plans to pay a final dividend for the 2018 financial year, citing weaker margins ... more»
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