businessdesk1d
NZ sharemarket dips as interest rates cut
The New Zealand sharemarket ended slightly weaker despite investors taking comfort from the Reserve Bank’s 50-basis-point cut ...
businessdesk2d
NZ sharemarket falls 0.1% as earnings roll on
Turners Automotive upgraded its earnings, Heartland Group took a near $50 million write-off and the New Zealand sharemarket ...
NZ sharemarket makes small loss – Market close
Contact Energy will join a leading MSCI global index at the expense of Mercury as the New Zealand sharemarket drifted to a ...
Strong a2 Milk result helps drives sharemarket higher – Market close
The S&P/NZX 50 Index rose 0.6%.
NZ central bank cuts rates 50bps, flags steeper easing cycle to revive frail economy
New Zealand's central bank cut its benchmark rate by 50 basis points to 3.75% on Wednesday and flagged further reductions in ...
Economic ‘green shoots’ and lower interest rates disguise worrying trends in NZ’s job market
Interest rates are due to drop again, and the government is talking up recovery. But unemployment data suggest deeper ...
Interest1d
Forbarr: Heartland’s $49.6m impairment dents market confidence
Heartland’s $49.6m loan impairment raises concerns about its systems and policies, according to Forsyth Barr analysts who say market confidence in the bank will take time to rebuild ...
A2 Milk share price jumps 15% on first-ever dividend and guidance upgrade
Investors have been impressed with this infant formula company's results. The post A2 Milk share price jumps 15% on ...