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Cattle alliance beefs up on trade push
1002 days ago - Herald
Representatives from the Five Nations Beef Alliance are in Maryland this week pushing for beef trade liberalisation through the proposed Trans Pacific Partnership (TPP) deal.The alliance, which comprises industry organisations from...

Bank picks wool prices to hold steady
1002 days ago - Herald
Wool prices have recovered some lost ground and are expected to remain steady throughout the year, says ASB Bank in its latest commodities report.Coarse wool prices (35 micron) over the past four weeks have averaged about 5 per...

Xero shares savaged after $69.5m loss
1005 days ago - Herald
Xero chief executive Rod Drury says he is still considering listing on the US stock exchange but will wait for the "optimal time" to do so, following the release of the company's full-year result yesterday."We could [list soon]...

Nasdaq tops record as US stocks shrug off mixed earnings, data
1006 days ago - Herald
The Nasdaq composite climbed Thursday to the highest level in 15 years, topping its dot-com-era high, as U.S. stocks shrugged off mixed earnings and disappointing manufacturing data from across the globe. Oil rose to a four-month...

Spark's market cap slips, as investors weigh increased competition
1006 days ago - Herald
Spark New Zealand, formerly Telecom Corp, has slipped from being the country's largest listed company, as investors mull its transformation away from telecommunications and the risk of increased competition.Earlier this week, the...

More commercial plants in pipeline for LanzaTech
1006 days ago - Herald
LanzaTech, the New Zealand-founded carbon recycling company, says it has other full-scale commercial plants in the pipeline following this week's announcement that China Steel Corp will invest US$46 million in a commercial scale ethanol...

China Steel Corp green-lights Kiwi-founded LanzaTech's first commercial plant
1007 days ago - Herald
China Steel Corporation, Taiwan's largest integrated steelmaker, has given formal approval for a US$46 million (NZ$60m) investment in a commercial scale ethanol facility developed by New Zealand-founded LanzaTech.The CSC board decision...

Shane Solly: Growth at any cost a road best avoided
1007 days ago - Herald
Managing a business to sustain and grow returns, and meet the needs of a wide range of interested parties is tough enough at the best of times. Listed companies are under the constant gaze of stock market participants. This means...

Goldman Sachs NZ revenue plunges 52%
1007 days ago - Herald
Goldman Sachs New Zealand Holdings has posted a 52 per cent drop in revenue and a full-year loss for 2014.The local unit of the Wall Street investment bank reported a $2.9 million loss for the 12 months to December 31, down from...

Futures trader charged for 'Flash Crash' role
1008 days ago - Herald
A futures trader has been arrested in Great Britain for his alleged involvement in the "Flash Crash" of 2010 in which the Dow Jones Industrial Average plunged 600 points in five minutes.After the arrest of Navinder Singh...
New Zealand fifth out of 10 with Chinese house shoppers
1001 days ago - Herald
New Zealand is the second-cheapest country in the world for Chinese property shoppers but also one of the most popular, according to information gathered from a Chinese real estate site.
NZF's second reverse listing plan fails, board mulls return to investors
1002 days ago - Herald
NZF Group, the listed financial services company blocked from liquidating last year by its major noteholder, is mulling liquidation again, after...
Chris Dibble: Lack of office space sparks development
1002 days ago - Herald
The amount of vacant office space in the Auckland CBD has been shrinking for the past three years as the economy grows, business confidence reaches...

LATEST IN MARKETS
KiwiSaver: Rules for first-home buyers tweaked
1009 days ago - Herald
If you are buying a home using KiwiSaver funds what are the regulations around living in the home for the first six months? What are the requirements...

Finance officials fear rising threats to global economic recovery
1010 days ago - Herald
World finance officials say they see a number of threats on the horizon for a global economy still clawing back from the deepest recession in seven...

R&D grant boost for sensory product
1010 days ago - Herald
Bluelab Corporation, which makes electronic metering and control devices to aid plant growth, will use a new research and development growth grant to...

Westpac boss sees NZ as innovation lab
1010 days ago - Herald
Westpac Group chief executive Brian Hartzer has embarked on a mission to transform the bank into a world-leading service company, with the Kiwi...

Stock Takes: Pleas to the faithful paying off
1013 days ago - Herald
Pushpay was one of the more low-profile floats that took place amid last year's flurry of sharemarket listings.But the mobile payment technology...

Editorial: Blunt words Government can't ignore
1013 days ago - Herald
Reserve Bank deputy governor Grant Spencer could hardly have been blunter in taking the Government to task over its response to Auckland's overheated...

Restaurant Brands' annual profit rises 19pc
1014 days ago - Herald
Restaurant Brands, New Zealand's largest fast-food store operator, posted a 19 per cent gain in annual profit and said it expects to boost earnings...

Wall St gains as Intel rallies after earnings
1014 days ago - Herald
Wall Street gained overnight as shares of Intel rallied on better-than-expected earnings, while the latest economic reports bolstered expectations...

Backdoor TV users survive deadline
1015 days ago - Herald
Slingshot and Orcon subscribers with backdoor access to American pay TV services have survived a 5pm deadline and will keep their global mode...

Reserve Bank calls on Govt to rethink housing tax
1015 days ago - Herald
The Reserve Bank has urged the government to take another look at a capital gains tax on investment in housing, allow increased high-density...

Wall Street up as JP Morgan Chase delivers
1015 days ago - Herald
Wall Street advanced overnight, pushing the Dow and the S&P 500 higher, after JPMorgan Chase reported better-than-expected earnings and energy stocks...

NZ Merino signs $8m deal with US firm
1015 days ago - Herald
The New Zealand Merino Company, which markets wool to customers on behalf of suppliers, has inked an $8 million one-year deal to supply 600 tonnes of...

NZ dollar may be driven lower
1015 days ago - Herald
The New Zealand dollar remains under downward pressure as the market awaits China's first-quarter GDP report today and the next GlobalDairyTrade...

New CallPlus owners ponder backdoor TV backdown
1016 days ago - Herald
The new Australian owners of Call Plus won't rule out continuing with its Global Mode service and says it is up to existing owners to deal with...

Auckland house prices surge 13 per cent
1016 days ago - Herald
Auckland house prices surged 13 per cent in the last month alone and are up $83,000 annually, from $637,000 last March to $720,000 last month.Real...

Wall Street falls overnight, as earnings news looms
1016 days ago - Herald
Wall Street fell, giving up earlier gains, as investors positioned themselves for the US corporate earnings season.In late afternoon trading in New...

Electricity companies' shares losing spark but reasons aren't obvious
1016 days ago - Herald
Shares in Mighty River Power and Meridian Energy have been coming off the boil, but there are few obvious reasons for a recent slump in their stock...

M2 buys CallPlus for $250m
1016 days ago - Herald
Two pioneers of the telco sector and founders of the country's third-largest telco and broadband provider, CallPlus, have sold the company for $250...

Capital + Merchant trustee stoush back in court
1017 days ago - Herald
Lawyers acting for Perpetual Trust and law firm Stace Hammond are seeking access to documents and communication covered by legal privilege in dispute...

Golden summer for visitors sees record hotel occupancy
1017 days ago - Herald
Occupancy at Auckland hotels reached a record high in what has been described as a golden summer for tourism.Figures released today by Auckland...




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