FinData: Daily Market Report

12 Mar 2014 05:30

New Zealand Herald

ASB's latest issue of its quarterly Kiwi Dollar Barometer said a greater proportion of small businesses saw the surge in the NZ/Aussie dollar cross rate as having a negative effect on their operating margins, relative to big business. The NZ/Australian ... more...

MARKET CLOSE: NZ shares fall; Fletcher, Xero drop

11 Mar 2014 17:37

Scoop

March 11 (BusinessDesk) – New Zealand stocks fell for a second day as some investors took advantage of a market that reached a record last week to reduce their holdings. New Zealand’s four largest listed companies, Fletcher Building, Xero, Auckland ... more...

Exporters expect NZ dollar to fall

12 Mar 2014 10:22

Radio New Zealand

A survey of businesses with annual turnover of at least $1 million, conducted on behalf of ASB Bank, found exporters on average expect the New Zealand dollar will fall to US78.2 cents by this time next year. At present the New Zealand dollar is trading ... more...

Indian Rupee will Not Rise Beyond 59 Despite Upbeat Macro Data

12 Mar 2014 03:48

International Business Times UK

Brokerages expect the Indian rupee to strengthen further and strike 59 to the US dollar in the near term. However, an appreciation beyond 59 is doubtful despite upbeat macro data. more...

Cloudy Bay vineyard leads oyster season globally

11 Mar 2014 17:34

Scoop

This year, two of New Zealand’s finest local luxuries Cloudy Bay Pelorus and freshly shucked oysters will be served together as a first of the season food and wine pairing. From 10 March, 19 of New Zealand’s top restaurants will be taking part in the launch ... more...

New technology reduces household power bills

11 Mar 2014 17:18

Scoop

Mighty River Power today confirmed that the most active users of the Company’s free Good Energy Monitor (GEM) service reduce their power consumption by more than 3% and save on their bills. more...

NZ dollar gains ahead of RBNZ statement

11 Mar 2014 17:13

Scoop

March 11 (BusinessDesk) - The New Zealand dollar gained in local trading on expectations the Reserve Bank will hike the official cash rate at this Thursday’s policy review, kicking off a prolonged tightening cycle. more...

NZ's Metlifecare sees full-yr profit of $29-32 mln

11 Mar 2014 16:56

Reuters

... retirement village operator Metlifecare Ltd on Tuesday said it expected full-year underlying profit to come in between NZ$34 million-NZ$38 million ($28.78 million-$32.16 million). more...

Profit-takers lower NZ share prices

11 Mar 2014 17:52

SBS

The stock has fallen 47 per cent in the past 12 months because of looming price controls. Fisher and Paykel Healthcare climbed 2.6 per cent to $4.27, its highest since 2007. more...