Article – BusinessDesk

March 23 (BusinessDesk) – Auckland International Airport reported a 92 percent surge in Chinese arrivals in February, due to the timing of Chinese New Year, but New Zealand’s biggest gateway is also benefitting from a consistent lift in visitors from China … Read more »

Press Release – BusinessDesk

Allied Farmers to net $441,137 for receivable as PVL liquidator drops suit against directors Read more »

Article – BusinessDesk

March 23 (BusinessDesk) – Robotics Plus has secured investment from Yamaha Motor’s venture investment arm to help accelerate the robot maker’s expansion plans and give it a partner with a global footprint and deep knowledge of manufacturing. Read more »

Article – BusinessDesk

March 23 (BusinessDesk) – The New Zealand dollar fell against the yen, which was broadly stronger as US President Donald Trump’s announcement of US$60 billion of tariffs on Chinese goods stoked concerns about a trade war. Read more »

Article – BusinessDesk

March 23 (BusinessDesk) – US Treasuries climbed while Wall Street moved lower after US President Donald Trump said the country plans to impose up to US$60 billion in annual tariffs on imports from China, keeping alive concerns about a global trade … Read more »

Article – BusinessDesk

March 22 (BusinessDesk) – New Zealand shares were mixed, with Trustpower and Infratil both rising after retaining a market advantage in Tauranga while Heartland Bank and Freightways dropped. Read more »

Article – BusinessDesk

March 22 (BusinessDesk) – The New Zealand dollar gained against its Australian counterpart after jobs data across the Tasman was weaker than expected, adding to the view the RBA – like the New Zealand central bank today – won’t be lifting rates anytime soon. Read more »

Article – BusinessDesk

Big tobacco firms clash in NZ as Philip Morris sues BAT for anti-competitive behaviour Read more »

Article – BusinessDesk

March 22 (BusinessDesk) – Adrian Orr will have a new operating mandate when he starts as Reserve Bank governor next week and analysts say he may break the mould of a staid central banker, even if it isn’t clear if he’s a hawk or a dove. Read more »

Article – BusinessDesk

March 22 (BusinessDesk) – The contrast between Synlait Milk’s record first-half profit and Fonterra Cooperative Group’s interim loss suggest the world’s largest dairy exporter hasn’t just got trouble with Beingmate Baby & Child Food, but a long-running inability … Read more »

Article – BusinessDesk

March 22 (BusinessDesk) – The Financial Markets Authority has warned the life insurance sector after a survey raised concerns that some financial advisers are being incentivised to push clients to change their life insurance, but says lack of disclosure obligations … Read more »

Article – BusinessDesk

March 22 (BusinessDesk) – Acting Reserve Bank governor Grant Spencer kept the official cash rate unchanged at 1.75 percent and continued to signal that rates will remain on hold due to the lack of inflationary pressure. Read more »

Article – BusinessDesk

March 22 (BusinessDesk) – The New Zealand dollar rose after the US Federal Reserve hiked interest rates as expected and stuck to its projection for two more increases this year – one less some in the market had bet on. By contrast, the Reserve Bank … Read more »

Article – BusinessDesk

March 22 (BusinessDesk) – Wall Street gained as the US Federal Reserve is expected to announce an interest rate increase and provide updated economic and rate forecasts. Read more »

Article – BusinessDesk

March 21 (BusinessDesk) – The Tauranga Electricity Consumer Trust has abandoned plans to become a funder for Bay of Plenty community projects after strong pushback from customers of locally headquartered TrustPower who prefer to receive an annual cheque … Read more »

Article – BusinessDesk

MARKET CLOSE: NZX 50 rises to record; Synlait jumps to all-time high after earnings Read more »

Article – BusinessDesk

March 21 (BusinessDesk) – The New Zealand dollar was little changed near a six-week low ahead of a likely rate hike by the US Federal Reserve but could bounce back if the Fed fails to sound a more hawkish note in its commentary. Read more »

Article – BusinessDesk

March 21 (BusinessDesk) – Briscoe Group participated in the capital raising announced by Kathmandu Holdings, buying 2.57 million shares from the institutional placement for a cost of $5.6 million. It also intends to participate in the share purchase … Read more »

Article – BusinessDesk

March 21 (BusinessDesk) – Property For Industry’s chair Peter Masfen will retire at the company’s annual meeting on May 8, to be replaced by deputy chair Anthony Beverley. Read more »

Article – BusinessDesk

March 21 (BusinessDesk) – Regional Economic Development Minister Shane Jones’s public call for the chairman of Air New Zealand to resign was “a step too far”, says Prime Minister Jacinda Ardern. Read more »