Dec. 31 – Air New Zealand rose 7.8% on the final day of 2008 while retailers Michael Hill International, Pumpkin Patch and Hallenstein Glasson Holdings fell, rounding out the worst year for the benchmark since 1990.
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Dec. 31 – The New Zealand dollar capped off its worst year in 24 against the U.S. dollar, and is likely to extend its decline as the global economy deteriorates in 2009.
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Dec. 31 – The following stocks may be active on the New Zealand exchange after developments since the close of trading yesterday.
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Dec. 31 – Stocks on Wall Street advanced as investors welcomed the federal government’s US$6 billion of financial aid for GMAC, the finance unit of General Motors.
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Dec. 30 – New Zealand stocks were mixed, with 25 gainers and 17 declining companies on the NZX 50 Index, which rose just 0.02% in its third daily gain.
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Prime Minister and Tourism Minister John Key has congratulated Air New Zealand for its successful test flight today of a biofuel-powered Boeing 747 aircraft.
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The world’s first commercial aviation test flight powered by the sustainable second-generation biofuel jatropha has been successfully completed in Auckland.
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New Zealand’s Energy Efficiency and Conservation Authority has congratulated Air New Zealand for its successful test flight using second-generation biofuels.
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Dec. 30 – The New Zealand dollar reached a seven-month high against the British pound after a report showed the slump in U.K. property prices would extend into next year, indicating a prolonged recession.
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Dec. 30 – The following stocks may be active on the New Zealand exchange after developments since the close of trading yesterday.
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Dec. 30 – Stocks on Wall Street fell, with Dow Chemical Co. slumping 20% after funding for its takeover of Rohm & Haas Co. fell through. Oil companies rose after the price of oil advanced on tensions in the Gaza Strip.
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“New Zealand’s superb on farm verification standards means we are streets ahead of Australia in terms of sheep meat and other exports into the European Union,” said Lachlan McKenzie, Federated Farmers board spokesperson.
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Destination Lake Taupo today announced a positive survey result for the conference market.
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“Fonterra’s warning of a likely revision downwards in the current milksolids forecast payout is not unexpected,” says Lachlan McKenzie, Federated Farmers Dairy chairman.
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The world’s first commercial aviation test flight powered by a sustainable second-generation biofuel took-off at 11:30am (NZ time) from Auckland International Airport.
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Dart River Jet Safaris has taken another step forward in its commitment to sustainable environmental and community practice with its achievement of the Green Globe Benchmarked Bronze status.
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Fonterra will be reviewing its forecast payout for the 2008/09 season over the next month and making an announcement of any change following the company’s next Board meeting on January 27.
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Dec. 29 – New Zealand shares rose in light trading, pushing the NZX 50 Index up for a second day, with PGG Wrightson surging 12% and rest-home operator Metlifecare extending its slide.
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A chance for New Zealand banking customers to voice their views about their bank comes around again this year with the launch of CTMA’s fourth annual study of service quality and customer advocacy in New Zealand retail banks – “My New Zealand Bank …
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From Monday 19 January SKYCITY Auckland will be holding the inaugural SKYCITY Auckland Anniversary Poker Championship. With a guaranteed prize pool of $50,000, the more players that compete for this prize, the more the prize will grow!
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