Stories by Pattrick - Page 13
NZ dollar sets new records against Aussie, euro
Mon, 23rd Mar 2015
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new zealand dollar
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australian dollar
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us federal reserve
The New Zealand dollar set new records against the euro and the Australian dollar as investors sold the greenback on concern the US may hike interest.
World Week Ahead: Equities to extend rally
Mon, 23rd Mar 2015
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us federal reserve
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analyst report
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industrial
A flurry of US economic data including on housing, manufacturing, inflation and GDP will determine the timing of a Fed Reserve interest rate increase.
MARKET CLOSE: NZ shares rise led by Pacific Edge, Kiwi Property
Fri, 20th Mar 2015
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nzx
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banking
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partners
New Zealand shares rose, paced by Property For Industry, Kiwi Property Group and Goodman Property Trust as investor appetite for yield returned.
NZ consumer confidence edges up in March, boding well for economic growth
Fri, 20th Mar 2015
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roy morgan research
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growth
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economy
New Zealand's consumer confidence index rose to 124.6 in March from 124 in February, signalling optimism for economic growth in 2015.
NZ migration hits new record in February year
Fri, 20th Mar 2015
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statistics nz
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banking
New Zealand's migration hit a new record in the year through February, driven by more arrivals and fewer departures.
Pumpkin Patch seeks proposals after approaches to buy, refinance company; shares gain
Fri, 20th Mar 2015
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banking
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retailers
Pumpkin Patch is seeking formal proposals after receiving approaches to buy or refinance the company. The shares rose 26 percent.
NZ dollar slides as traders buy back US dollar after Fed
Fri, 20th Mar 2015
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bnz
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new zealand dollar
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australian dollar
The New Zealand dollar slid along with other major currencies against the US dollar, as investors bought back the greenback after selling it.
Petromac develops 'bent stick' device that guides wireline loggers in oil wells
Fri, 20th Mar 2015
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callaghan innovation
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oil and gas
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petromac
Petromac has developed a disruptive technology that allows oil and gas companies to get better data from wireline logging of oil wells.
While you were sleeping: US dollar rebounds
Fri, 20th Mar 2015
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personal computing devices
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apple
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wall street
US dollar stages recovery post-Fed update, but analysts question its longevity amid mixed economic signals and wavering investor confidence.
MARKET CLOSE: NZ shares rise, led by Skellerup, Meridian
Thu, 19th Mar 2015
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meridian energy
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skellerup
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industrial
New Zealand shares gained as Skellerup Holdings rose 3.7% and Meridian Energy advanced 2.5%, amid revived investor interest due to globally low interest rates.
NZ dollar gains as more-cautious Fed prompts clean-out of long greenback positions
Thu, 19th Mar 2015
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nzx
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new zealand dollar
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inflation
Kiwi currency soars as Fed's cautious stance leads to US dollar sell-off, with traders abandoning bullish bets.
Tourism Holdings acquires 49% stake in UK's Just Go motorhome business
Thu, 19th Mar 2015
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tourism holdings
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founders
Tourism Holdings, the largest campervan rental business in Australia and New Zealand, said it acquired 49 percent of UK-based Just Go.
FMA lifts head count to 170 staff as it probes new areas
Thu, 19th Mar 2015
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edutech
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licensing
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financial markets authority
The New Zealand Financial Markets Authority has hired 170 staff and plans to invest in technology to fulfill its regulatory role.
NZ, Vietnam aim to double two-way trade to $2.2B by 2020
Thu, 19th Mar 2015
NZ and Vietnam set ambitious $2.2B trade goal by 2020, after vibrant growth fuels leaders' confidence in bilateral ties.
No more Air NZ points for BNZ credit cards as Westpac steps in; cash replacement mooted
Thu, 19th Mar 2015
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westpac
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air new zealand
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bnz
BNZ cut off from Air NZ points as Westpac fills the void, with a cash-back scheme to quell customer concerns over rewards.
APN News & Media halted for selldown amid speculation O'Brien, INM exiting
Thu, 19th Mar 2015
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grabone
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apn media
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fairfax media
APN News and Media halted trading amid rumours of exits by Dennis O'Brien and Independent News - Media, with a potential A$300 million block trade looming.
International Monetary Fund says LVR limits work in boom times, not busts
Thu, 19th Mar 2015
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international monetary fund
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financial institutions
Restrictions on low-deposit home loans appear to have more effect in times of boom rather than bust, according to an International Monetary Fund work.
NZ, US escalate WTO action against Indonesia on import restrictions
Thu, 19th Mar 2015
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world trade organisation
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wto
New Zealand and the US have escalated a complaint against Indonesia to the World Trade Organisation on import restrictions.
Salt Funds wins mandate for AMP Capital's $690M active NZ equity funds
Thu, 19th Mar 2015
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salt funds management
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amp
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banking
Salt Funds Management secures a mandate to manage AMP Capital’s NZD $690M active New Zealand equity funds, nearly doubling its existing funds under management.
Mainfreight forecasts annual profit hike, pays tribute to Rowlands
Thu, 19th Mar 2015
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data analytics
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planning
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bi
Mainfreight anticipates up to a 7.1% profit increase, driven by revenues surpassing USD $2 billion, while honouring the legacy of former chairman Don Rowlands.