Economy News

Friday, 01 December 2023

Economy News

Tower insurance's solvency margin reduced
21:06 | 22/8/14

3News
Tower's minimum solvency margin has been reduced by $30 million as the Reserve Bank relaxes the amount the insurer needs to have on hand. more»
Sky TV annual profit up on forecast
11:50 | 22/8/14

3News
Sky Network Television has posted a better than expected 21 per cent gain in annual profit as it boosted revenue from more subscribers. more»
Roading company Infracon collapses
09:47 | 22/8/14

3News
More than 200 employees of council-owned infrastructure company Infracon will only be paid up to next Wednesday. more»

Croxley looks to close Avondale plant, 100 jobs at risk
17:33 | 21/8/14

3News
More than 100 Auckland jobs are at risk as stationery supplier Croxley looks to close its Avondale manufacturing plant. more»
Profit up for AMP's NZ financial services
12:38 | 21/8/14

3News
AMP's New Zealand financial services unit lifted first-half earnings as it increased KiwiSaver cashflows and boosted funds under management. more»
Fletcher Building's profits up 4 percent
11:19 | 20/8/14

3News
Fletcher Building, the biggest company on the NZX 50 Index, posted a 4 percent gain in full-year profit. more»
IAG's New Zealand unit boosts returns
15:17 | 19/8/14

3News
Increased household premiums and a strong New Zealand dollar have helped boost returns to IAG from its NZ division. more»
Profit jumps for Contact Energy
11:14 | 18/8/14

3News
The stars aligned for Contact Energy in the year to June 30, producing a 17.6 percent increase in net profit of $234 million. more»
Meridian Energy beats prospectus forecast
10:37 | 18/8/14

3News
Meridian Energy has posted a 22 percent decline in full-year profit. more»
Goodman Fielder reports $445M loss
14:44 | 13/8/14

3News
Trans-Tasman food group Goodman Fielder has sunk into the red with a full year loss of $A405.1 million ($NZ445.2m). more»
ASB raises annual earnings 11pc
12:02 | 13/8/14

3News
ASB Bank has lifted its annual cash profit 11 percent as it boosted mortgage and business lending. more»
SkyCity convention centre plans unveiled
10:18 | 13/8/14

3News
SkyCity is forging ahead with the Auckland convention centre deal, despite a significant drop in profits. more»
Iwi companies to buy Go Bus
20:09 | 12/8/14

3News
Ngai Tahu will take a two-thirds stake in Go Bus and Tainui will take the remaining third. more»
Heartland New Zealand raises earnings
10:44 | 7/8/14

3News
Heartland New Zealand says annual earnings have soared 421 percent after one-off charges in the prior year washed through. more»
Mountain Designs closes New Zealand stores
08:08 | 7/8/14

3News
Australian-owned outdoor gear retailer Mountain Designs is closing down in New Zealand due to tough trading conditions. more»

Global Indices

Code	Last	Change
COMP	10,321	328	3.08%
DJI	29,635	404	1.34%
SP500	3,583	87	2.37%
DAX	12,438	82	0.67%
FTSE	7,488	5	0.07%
NI225	22,420	408	1.86%
TWI	67.27	0.00	0.00%

Code	Last	Change
EURUSD	0.9721	0.0055	0.56%
NZDUSD	0.5548	0.0093	1.65%
AUDUSD	0.6194	0.0107	1.70%
NZDAUD	0.8964	0.0010	0.11%


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