Wednesday, 21 August 2019

Latest News

  • XE Morning Update

    08:41 | 14/8/19
    Scoop
    The NZDUSD opens at 0.6453 (mid-rate) this morning. News that the US are to delay its latest round of tariffs on some Chinese imported goods has seen US equity markets and bond yields spike higher. Earlier this morning a US Trade Representative announced ... more»
  • Maori tourism 2019 Dragons' Den Winners are...

    08:31 | 14/8/19
    Scoop
    Expect to see Aotearoa’s oldest dish more prominently on the menu after Tamaki Makaurau’s Hangi Master took out the New Zealand Maori Tourism’s Dragons’ Den 2019 Wow Us award, worth $20,000. more»
  • MARKET CLOSE: NZ shares join global lull

    20:57 | 13/8/19
    Scoop
    Aug. 13 (BusinessDesk) - New Zealand shares joined a global decline as investors remain unnerved by heightened geopolitical tensions. Domestic earnings met expectations but failed to stoke local investor confidence.  more»
  • NZ dollar stalled; Hong Kong latest focus of China worries

    20:33 | 13/8/19
    Scoop
    Aug. 13 (BusinessDesk) - The New Zealand dollar was little changed as investors eyed the unrest in Hong Kong amid speculation as to what China may do next after calling anti-government protests the first signs of “terrorism.” more»
  • Foodstuffs disappointed at Countdown case

    20:31 | 13/8/19
    Scoop
    Aug. 13 (BusinessDesk) - Pak’nSave owner Foodstuffs said it is disappointed a fight over lease covenants will likely play out in secret, following a High Court ruling.  more»
  • Blue Sky Meats unveils new brand, delivers strong Q1

    20:24 | 13/8/19
    Scoop
    A new look for Southland meat processor Blue Sky Meats will now see the company’s main brand called Blue Sky Pastures.  more»
  • Highest number of property sold in month of July for 3 years

    17:36 | 13/8/19
    Scoop
    The number of residential properties sold across New Zealand in July increased by 3.7% from the same time last year to 6,118 (up from 5,897), the highest for the month of July in 3 years, according to the latest data from the Real Estate Institute of ... more»
  • Govt too blase about AI threat, visiting professor warns

    16:39 | 13/8/19
    Scoop
    Aug. 13 (BusinessDesk) - London School of Economics professor Robert Wade says officials in Wellington are too blase about the impact of artificial intelligence, one of four factors he sees contributing to how the “Trump era” could last 30 years.  more»
  • UPDATE: NZX forecasts profit rise

    16:16 | 13/8/19
    Scoop
    Aug. 13 (BusinessDesk) - Stock exchange operator NZX’s first-half net profit jumped 46 percent but only because losses from since sold businesses dragged down the previous first-half result, although it is predicting a better full-year result. more»
  • Vodafone lands Microsoft executive for business role

    15:49 | 13/8/19
    Scoop
    Aug. 13 (BusinessDesk) - Vodafone New Zealand boss Jason Paris has made a key appointment to the telco’s executive team, snaring Microsoft executive Lindsay Zwart.  more»
  • Growth, Low OCR Perfect Storm for Property Market

    15:44 | 13/8/19
    Scoop
    Wellington, Tuesday 13 August - Early signs of growth in the housing market are expected to accelerate following the drop in the official cash rate (OCR) by the Reserve Bank, and the traditionally busy Spring period just two weeks away. more»
  • Industrial unit surrounded by nature for sale

    15:10 | 13/8/19
    Scoop
    In a first for the Waikato township of Raglan, a small industrial property development is underway with two units completed and one already tenanted while the other is on the market for lease. more»
  • Ravensdown to reinvest in innovation and environment

    15:07 | 13/8/19
    Scoop
    Ravensdown has announced another good financial result with profit before tax and rebate from continued operations of $52 million (2018: $63m, 2017: $51m) for the year ending 31 May 2019.  more»
  • Government statistician falls on sword after census review

    14:50 | 13/8/19
    Scoop
    Aug. 13 (BusinessDesk) - Government statistician Liz MacPherson has resigned after the release of an independent review of New Zealand’s 2018 census.  more»
  • Meat prices boost July food prices

    14:41 | 13/8/19
    Scoop
    Aug. 13 (BusinessDesk) - Rising chicken, lamb and beef prices helped push New Zealand’s food prices higher in July.  more»
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EURUSD1.1070.0010.10%
NZDUSD0.64100.00040.06%
AUDUSD0.67710.00090.13%
NZDAUD0.94600.00090.10%