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Kiwi News - Page 83

NZ government names taskforce to slash property sector red tape
Physical Security

NZ government names taskforce to slash property sector red tape

Paula Bennett, minister of local government, has appointed a rules reduction taskforce with the intent to slash regulatory red tape in the property.

By Pattrick Smellie • 2 min read • Tue, 10th Feb 2015
Salt Funds emerges as one of the biggest holders of Methven with 7.8% stake
Construction

Salt Funds emerges as one of the biggest holders of Methven with 7.8% stake

Salt Funds Management has cemented its position as a key player by acquiring a 7.8% share in Methven, betting on the company's growth.

By Pattrick Smellie • 2 min read • Mon, 9th Feb 2015
World Week Ahead: US economy accelerates
Wall Street

World Week Ahead: US economy accelerates

Further evidence of the strong US labour market and a rebound in the price of oil has bolstered the mood on Wall Street as investors await more cor.

By Pattrick Smellie • 4 min read • Mon, 9th Feb 2015
Wellington's CentrePort seeks to join big-league ports, dredging for 8,000 TEU ships
Port of Tauranga

Wellington's CentrePort seeks to join big-league ports, dredging for 8,000 TEU ships

CentrePort plans to seek resource consents to dredge the shipping channel in Wellington harbour to make room for container vessels almost twice the.

By Pattrick Smellie • 3 min read • Tue, 3rd Feb 2015
NZ dollar weakens as Chinese manufacturing gauge shows contraction
Manufacturing

NZ dollar weakens as Chinese manufacturing gauge shows contraction

The New Zealand dollar touched a fresh four-year low at the weekend on concern about a slower outlook for the Chinese economy, Asia's largest and N.

By Pattrick Smellie • 2 min read • Mon, 2nd Feb 2015
World Week Ahead: Manufacturing reality check
Manufacturing

World Week Ahead: Manufacturing reality check

Global manufacturing data and January's US jobs report will draw investors' focus in the coming days, along with more quarterly results including f.

By Pattrick Smellie • 3 min read • Mon, 2nd Feb 2015
NZ Refining signs platinum sale and lease back deal with Bank of Nova Scotia
Shares

NZ Refining signs platinum sale and lease back deal with Bank of Nova Scotia

New Zealand Refining, which operates the Marsden Point refinery, has entered into a sale and lease back agreement for industrial platinum with Bank.

By Pattrick Smellie • 2 min read • Tue, 23rd Dec 2014
NZ trade deficit narrows in November, as rising meat exports offset dairy weakness
NZ Dollar

NZ trade deficit narrows in November, as rising meat exports offset dairy weakness

New Zealand posted its smallest November trade deficit in four years, beating economist forecasts, as falling dairy prices were offset by a rise in.

By Pattrick Smellie • 3 min read • Tue, 23rd Dec 2014
NZ dollar dips on signs of US economic growth
Wall Street

NZ dollar dips on signs of US economic growth

The New Zealand dollar slipped as stocks on Wall Street rallied ahead of economic data that's expected to show a faster pace of growth in the world.

By Pattrick Smellie • 2 min read • Tue, 23rd Dec 2014
RESEND: MARKET CLOSE: NZ shares rise; Spark, Argosy gain on yield hunger
Chorus

RESEND: MARKET CLOSE: NZ shares rise; Spark, Argosy gain on yield hunger

New Zealand shares rose, paced by Argosy Property and Spark New Zealand, as investors sought safer equities in globally choppy markets.

By Pattrick Smellie • 3 min read • Wed, 17th Dec 2014
NZ dollar little changed ahead of Fonterra milk auction
New Zealand Dollar

NZ dollar little changed ahead of Fonterra milk auction

The New Zealand dollar was little changed ahead of the next GlobalDairyTrade auction, the first since dairy exporter Fonterra Cooperative Group sla.

By Pattrick Smellie • 2 min read • Tue, 16th Dec 2014
Trustpower committed to Australian renewables projects
Power / Energy

Trustpower committed to Australian renewables projects

Tauranga-based electricity company Trustpower says it remains committed to its renewable energy projects in Australia, in spite of the uncertainty.

By Pattrick Smellie • 2 min read • Mon, 15th Dec 2014
World Week Ahead: Fed meeting looms
Construction

World Week Ahead: Fed meeting looms

US Federal Reserve policy makers are set to gather in the wake of Wall Street's worst weekly drop in three years, amid heightened concern that the.

By Pattrick Smellie • 4 min read • Mon, 15th Dec 2014
MARKET CLOSE: NZ shares rise; ANZ, Westpac gain, Pacific Edge up on new test
Construction

MARKET CLOSE: NZ shares rise; ANZ, Westpac gain, Pacific Edge up on new test

New Zealand shares rose, led by Australia and New Zealand Banking Group and Westpac Banking Corp after an Australian report proposed restrictions o.

By Pattrick Smellie • 3 min read • Mon, 8th Dec 2014
World Week Ahead: Interest rates in focus
Inflation

World Week Ahead: Interest rates in focus

Global markets continue to push higher on economic data and the week ahead should be no exception, though investors hope the data will bring furthe.

By Pattrick Smellie • 3 min read • Mon, 8th Dec 2014
DNZ sells two Wellington properties for $5.3 mln to help fund Westgate Mall
NZX

DNZ sells two Wellington properties for $5.3 mln to help fund Westgate Mall

DNZ Property Fund sells two Wellington sites for USD $5.3 million to fund its USD $155 million Westgate Mall project in Auckland.

By Pattrick Smellie • 1 min read • Thu, 4th Dec 2014
NZ dollar falls as US manufacturing data, Fed speakers loom
New Zealand Dollar

NZ dollar falls as US manufacturing data, Fed speakers loom

The New Zealand dollar fell ahead of US manufacturing figures, which are expected to show industrial production is growing in the world's biggest e.

By Pattrick Smellie • 3 min read • Mon, 1st Dec 2014
Vector cleared to buy Meridian's Arc metering business
Unified Communications

Vector cleared to buy Meridian's Arc metering business

Vector, the Auckland electricity and telecommunications lines company, has been cleared to by Meridian Energy's Arc Innovations metering business.

By Pattrick Smellie • 2 min read • Wed, 26th Nov 2014
Uber adds larger vehicle option and updates Auckland pricing structure
Cartech

Uber adds larger vehicle option and updates Auckland pricing structure

Uber rolls out uberXL for up to 6 passengers in Auckland, revamps fare structure, and drops CBD flat fare to enhance service quality.

By Shannon Williams • 2 min read • Tue, 25th Nov 2014