Thursday, 19 April 2018

Latest News

  • Unlisted celebrates first $1 bln issue as Zespri trades

    18:44 | 19/4/18
    April 19 (BusinessDesk) - Zespri Group's shares rose to a record when they resumed trading, after being halted for the 2018 allocation of Gold3 kiwifruit licences, pushing the kiwifruit exporter's market capitalisation to $1.1 billion and making ... more»
  • UPDATE 1-Pernod Ricard gives more upbeat outlook, although strong euro remains ...

    18:22 | 19/4/18
    Nevertheless, Pernod noted that a rise in the euro would have a negative impact of around 200 million euros on its full year profits - up slightly from a previous warning of a 180 million euros impact. Earlier this week, concerns over a strong euro had ... more»
  • Bitcoin may fail the 'money' test

    18:09 | 19/4/18
    Bitcoin may fail the 'money' test and be a less suitable model for central bank issuance  more»
  • The euro is no longer a sure bet if investors connect the dots in Europe

    17:59 | 19/4/18
    South China Morning Post
    According to the latest data from the Commodities Futures Trading Commission, hedge funds and other speculative investors have built up the heaviest “long” positions - the purchase of a security in the expectation that its value will rise - on the euro ... more»
  • Pound-to-Euro Exchange Rate Falls Back into the Quagmire

    17:50 | 19/4/18
    Pound Sterling Live
    The British Pound is at risk of falling back into a long-held sideways trending range against the Euro we are told. The strategy implications for those watching the value of the British Pound of this week's disappointing data releases are profound ... more»
  • NZ dollar dips after inflation report

    17:37 | 19/4/18
    The Kiwi found support after a disappointing Australian jobs report where the number of people employed rose 4,900 in March, compared with an expected 20,000 rise, Mr Speizer said. more»
  • Spanbild buys Mike Greer Homes in Concision factory pship

    17:08 | 19/4/18
    April 19 (BusinessDesk) - Christchurch-based building company Spanbild has bought out Concision Panelised Technology partner Mike Greer Homes (MGH), giving it control of a building panelisation factory in Rolleston.  more»
  • Scales hunts for NZ agribusiness acquisitions

    16:43 | 19/4/18
    April 19 (BusinessDesk) - Scales Corp is eyeing potential agribusiness acquisitions that would fit well with its export apple business as the country's largest apple grower aims to become the foremost investor in and grower of New Zealand agribusiness. more»
  • British pound falls against Japanese yen in early Wednesday trading

    16:18 | 19/4/18
    FX Empire
    The British pound fell against the Japanese yen in early Wednesday trading, dropping down to the 152.00 region. We did bounce from there quite significantly though, and although this has been a very negative turn of events, I think looking around the ... more»
  • US dollar has bumpy ride against Japanese yen on Wednesday

    16:18 | 19/4/18
    FX Empire
    The US dollar has pulled back a bit during the trading session on Wednesday, testing the 107 level for support. We did start to see it as the Americans started to take over the market, so I think we will continue to try to go higher, perhaps reaching ... more»
  • RB Media Statement on racial abuse complaint

    16:12 | 19/4/18
    Yesterday, RBNZ was made aware of a consumer complaint at a Hamilton Pak n Save supermarket which involved one of our sales representatives. The incident occurred on April 17, 2018.  more»
  • UPDATE: NZ annual inflation slows to 1.1%

    15:58 | 19/4/18
    April 19 (BusinessDesk) - New Zealand's annual inflation fell near to the bottom of the Reserve Bank's target band in the first quarter but is unlikely to concern the central bank, given it was largely due to cheaper tertiary education costs.  more»
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