New Zealand (NZ) stories - Page 91
NZ services sector slows, remains in expansion in February as sales pick up
Mon, 16th Mar 2015
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sales
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employment
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expansion
New Zealand's services sector, which makes up about two thirds of the economy, slowed in February while remaining in expansion, led by sales, with sig.
A2 gets approval for ASX listing
Mon, 16th Mar 2015
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nzx
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shares
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asx
A2 Milk Co, the milk marketing company chasing a dual-listing across the Tasman, has issued an information memorandum to would-be Australian investors.
HP launches inaugural NZ Partner of the Year Awards
Fri, 13th Mar 2015
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partner programmes
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hp
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awards
HP New Zealand will honour its Kiwi channel partners this year, as the company seeks even tighter engagement with partners.
PM Key says Indian FTA would reduce reliance on China
Fri, 13th Mar 2015
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edutech
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market
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investment
Prime Minister John Key says a free trade agreement with India would help New Zealand reduce its dependence on the Chinese market, which is the countr.
NZ lamb wool prices jump to 4-year high, aided by Chinese demand, US dollar strength
Fri, 13th Mar 2015
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new zealand dollar
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agrihq
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demand
New Zealand lamb wool prices jumped to the highest in more than four years at auction yesterday on increased demand from China for the apparel fibre,.
NZ manufacturing rebounds from two-year low in February
Fri, 13th Mar 2015
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it in manufacturing
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food
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employment
New Zealand manufacturing rebounded from a two-year low in February, led by improvement in new orders and deliveries and a recovery in the petroleum,.
DB forecasts cider sales to double in the next five years
Thu, 12th Mar 2015
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lion
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db breweries
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market
DB Breweries chief executive Andy Routley is forecasting cider sales in New Zealand to double in the next five years to about 12 percent the size of.
NZ house prices rise 3.6% in February, led by a 14% jump in Auckland prices
Thu, 12th Mar 2015
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housing
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rbnz
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demand
New Zealand residential property prices rose in February, led by Auckland where an under-supply of housing is putting pressure on the market.
IBM opens new Aussie cloud centre, eyes NZ customers
Thu, 12th Mar 2015
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public cloud
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microsoft
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cloud services
IBM is going toe-to-toe with Microsoft, opening its second SoftLayer cloud centre in Australia, with Kiwi companies expected to be utilising it.
Tepid inflation surprise raises spectre of lower interest rates
Thu, 12th Mar 2015
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rbnz
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property market
Any further downward surprises in New Zealand's already tepid pace of consumer inflation may warrant an interest rate cut, the Reserve Bank says.
SBS Bank agrees to buy 50% of Staples Rodway Asset Management
Wed, 11th Mar 2015
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fintech
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finance, leasing & rental
SBS Bank, New Zealand's largest building society, has agreed to buy 50 percent of Staples Rodway Asset Management (SRAM) as part of a strategy to bui.
Restaurant Brands says fourth-quarter sales rise 19%
Wed, 11th Mar 2015
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sales
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retailers
Restaurant Brands, New Zealand's largest fast-food store operator, increased fourth-quarter sales by 19 percent as it benefited from an extra week's t.
NZ govt posts small surplus in 7 mths to January as tax take swells
Wed, 11th Mar 2015
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government
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fy
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expenses
The New Zealand government posted a small operating surplus in the seven months through January as tax revenue beat expectations, while costs were sma.
Trilogy sees FY profit more than trebling as Aust unit improves, Ecoya makes money
Wed, 11th Mar 2015
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fintech
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finance, leasing & rental
Trilogy International, the skincare products and scented candle maker, says annual profit will more than treble with improved earnings at its Australi.
No traction yet in Chinese media from 1080 threat
Tue, 10th Mar 2015
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government
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social media
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fonterra
News of the threat to contaminate New Zealand infant formula with 1080 poison has barely registered so far in Chinese media, says expatriate Beijing.
Trading partners learnt of 1080 threat last month
Tue, 10th Mar 2015
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government
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fonterra
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federated farmers
International trading partners first learnt of threats to contaminate New Zealand-manufactured infant milk formula with 1080 poison in February, more.
NZ listed company earnings underwhelm analysts in market priced for stronger growth
Tue, 10th Mar 2015
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healthtech
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new zealand dollar
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forsyth barr
New Zealand's listed companies beat earnings estimates on average in the latest results season, but still fell short of the bullish growth expectation.
Law firm puts out feelers for class action against cladding manufacturers
Tue, 10th Mar 2015
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adina thorn lawyers
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carter holt harvey
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legislation
Law firm Adina Thorn Lawyers is asking leaky building owners to join a proposed class suit against plaster cladding manufacturers, which it says could.
Emulex invests in Kiwi tertiary students
Tue, 10th Mar 2015
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edutech
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emulex
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callaghan innovation
Emulex Corporation is continuing to invest in New Zealand’s education sector and develop its next generation of engineering talent.
NZ central bank, in neutral, will weigh drought, higher TWI in revising forecasts
Mon, 9th Mar 2015
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economics
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rbnz
The Reserve Bank of New Zealand will probably keep interest rates unchanged this week, reiterating that monetary policy is in neutral, while revising.