Article – BusinessDesk

June 27 (BusinessDesk) – New Zealand shares rose in a shortened session after technical difficulties halted trading for three hours. Port of Tauranga extended yesterday’s gain on news it had secured a minimum volumes across its wharves in a deal the Fonterra … Read more »

Article – BusinessDesk

June 27 (BusinessDesk) – Smiths City Group, the Christchurch-based department store chain, posted a 24 percent decline in annual profit on weaker appliance sales. Read more »

Article – BusinessDesk

June 27 (BusinessDesk) – BOC, the New Zealand unit of the world’s largest industrial gas company, says a deal with NZ Refining gives it a second source of carbon dioxide (CO2) it can process to meet growing demand from the dairy, food processing and beverage … Read more »

Article – BusinessDesk

June 27 (BusinessDesk) – New Zealand’s trade-weighted index touched a fresh record as investors take advantage of borrowing in lower interest rate markets overseas to invest in New Zealand’s higher yielding market. Read more »

Article – BusinessDesk

June 27 (BusinessDesk) – New Zealand shares rose in a shortened session after technical difficulties halted trading for three hours. Port of Tauranga extended yesterday’s gain on news it had secured a minimum volumes across its wharves in a deal the Fonterra … Read more »

Article – BusinessDesk

June 27 (BusinessDesk) – New Zealand export log prices to China, which have dropped by about a third to $87 a tonne in the past three months, may start to stabilise next month as supply eases, slowing an inventory build up on the ports of Asia’s … Read more »

Article – BusinessDesk

June 27 (BusinessDesk) – Today’s three hour trading halt is not a sign the stock market operator’s system is overloaded after the first half of this year has seen more new listings than all of 2013, NZX chief executive Tim Bennett says. Read more »

Article – BusinessDesk

June 27 (BusinessDesk) – Trading on the New Zealand stock exchange resumed after a three hour halt as the share market operator dealt with a technical issue, its second outage this month. Read more »

Article – BusinessDesk

TSB Bank credit outlook raised to ‘stable’ by S&P on reduced property market risk Read more »

Article – BusinessDesk

June 27 (BusinessDesk) – Shares in GeoOp, whose software allows mobile businesses such as builders to manage their workforce, dropped to its lowest price since listing last year, as investors shunned growth stocks in a shift to more cautious sentiment. Read more »

Article – BusinessDesk

June 27 (BusinessDesk) – Fairfax Media has reached agreement with rival APN News & Media to have newspapers including The Waikato Times, Sunday Star-Times, Sunday News and some community titles printed at APN’s modernised print facility at Ellerslie … Read more »

Article – BusinessDesk

June 27 (BusinessDesk) – New Zealand posted its seventh monthly trade surplus in May, led by overseas demand for the nation’s primary products such as milk powder, butter and cheese. Read more »

Article – BusinessDesk

June 27 (BusinessDesk) – All trading on the New Zealand stock exchange has been halted until further notice as the stock market operator deals with a technical issue. Read more »

Article – BusinessDesk

June 27 (BusinessDesk) – Graeme Hart’s Rank Group may sell its US auto parts businesses as New Zealand’s richest man seeks to reduce debt, Reuters reported, citing people familiar with the matter who asked not to be identified. Auckland-based Rank Group … Read more »

Article – BusinessDesk

June 27 (BusinessDesk) – All trading has been halted on the New Zealand stock exchange half an hour into the session as the stock market operator deals with a technical issue. Read more »

Article – BusinessDesk

June 27 (BusinessDesk) – GuocoLeisure, the diversified investment company once known as Brierley Investments, will leave the NZX today after more than 40 years on the local stock exchange, in a long-heralded move which leaves its sole listing in Singapore. Read more »

Article – BusinessDesk

NZ dollar at 3-year high, TWI surges to record as higher rates lure investors Read more »

Article – BusinessDesk

June 27 (BusinessDesk) Wall Street slid after a US Federal Reserve official fuelled concern that the central bank might raise interest rates sooner than anticipated. Read more »

Article – BusinessDesk

June 26 (BusinessDesk) – New Zealand shares gained as Port of Tauranga rose to its highest level this year after inking a deal with the Fonterra and Silver Fern Farms-led Kotahi logistics venture guaranteeing minimum volumes across its wharves. Hallenstein … Read more »

Article – BusinessDesk

June 24 (BusinessDesk) – The Board of Inquiry into the $230 million Ruataniwha Dam project in Hawkes Bay has granted resource consents subject to strict conditions. Read more »