Stories by Pattrick - Page 18
PM Key sees inflation heading lower, cuts RBNZ slack for now
Mon, 9th Mar 2015
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inflation
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banking
PM Key predicts further inflation dip and suggests prolonged low interest rates, as RBNZ mulls rate cut amid house pricing pressures.
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.
NZ Dollar Outlook: Kiwi may decline on greenback strength as RBNZ remains on hold
Mon, 9th Mar 2015
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jobs
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new zealand dollar
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payroll
The New Zealand dollar may decline this week as the greenback strengthens on optimism the US economy is gearing up for interest rate rises.
Serko says full-year revenue to miss forecast, warns on 2016 sales
Mon, 9th Mar 2015
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serko
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ipo
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shares
Serko, the online online travel booking business, warned annual revenue will miss its prospectus forecast by up to 6 percent as some billable services.
NZ dollar tumbles after strong US jobs data increases chances of Fed hike in June
Mon, 9th Mar 2015
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new zealand dollar
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currencies
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payroll
The New Zealand dollar fell to its lowest in more than three weeks as the greenback soared after better-than-expected US jobs data boosted speculation.
Apple Watch to take centre stage this week
Mon, 9th Mar 2015
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wearables
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personal computing devices
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apple
Shares of Apple will be in focus today as it is expected to unveil its new Apple Watch, the first real new product since Steve Jobs' death.
Blue Chip's Bryers banned from managing NZ firms for 7 more years, bankruptcy lifted
Fri, 6th Mar 2015
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management
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blue chip
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bankruptcy
Former Blue Chip boss Mark Bryers has been discharged from his five-and-a-half year bankruptcy, though he's banned from acting as a manager or directo.
MARKET CLOSE: NZX 50 rises to record led by Genesis on yield hunt
Fri, 6th Mar 2015
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power / energy
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nzx
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air new zealand
New Zealand shares rose led by Genesis Energy and paced by Spark New Zealand, as the international hunt for income paying investment returned.
Chatham Rock seeks another $1.25M to pursue new seabed mining licence
Fri, 6th Mar 2015
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nzax
Chatham Rock aims to secure £1.25M for a fresh stab at offshore mining rights, amidst pay cuts and legislative battles.
UPDATE: Transport and logistics provider Fliway offering IPO at $1.20 to $1.40 per share
Fri, 6th Mar 2015
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capital
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nzx
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ipo
Fliway Group, the transport and logistics provider behind the first float on the NZX this year, is hoping to raise between $27.
NZ wool market mixed amid targeted buying
Fri, 6th Mar 2015
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nzx
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demand
New Zealand crossbred wool, which accounts for the majority of the country's production, rose to a three-and-a-half month high this week on lower volu.
Kiwi start-up Glassjar launches payments app in the US
Fri, 6th Mar 2015
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apps
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glassjar
Glassjar, the kiwi software start-up whose app provides people an easy way of sharing bills, has launched in the United States.
Fliway Group seeks up to $44.5 million in first IPO of the year
Fri, 6th Mar 2015
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supply chain & logistics
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nzx
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ipo
Fliway Group aims to raise USD $27.3 million to USD $44.5 million in the first IPO on the NZX this year, valuing the firm at up to USD $75 million.
Warehouse eyes costs, better products as it targets earnings growth
Fri, 6th Mar 2015
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the warehouse group
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translation
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retailers
Warehouse Group is turning its focus to reducing costs and improving its products and productivity as it seeks to get a return from its increased spen.
NZ wholesale trade rises for third quarter in December
Fri, 6th Mar 2015
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sales
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financial results
New Zealand's wholesale trade grew for a third quarter in the final three months of 2014, with increased activity for apparel, pharmaceuticals and fur.
Banks relieved as RBNZ drops '5-plus' test for home loans
Fri, 6th Mar 2015
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bnz
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rbnz
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banking
The major banks are breathing a sigh of relief that the Reserve Bank of New Zealand has dropped proposals that would have deemed anyone owning five or.
Air NZ bins automatic travel insurance after warning from ComCom
Fri, 6th Mar 2015
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commerce commission
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air new zealand
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shares
Air New Zealand, the national carrier, will scrap its pre-selected travel insurance option after receiving a formal warning from the Commerce Commissi.
Warehouse lowers annual profit, dividend forecast on weaker trading
Fri, 6th Mar 2015
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noel leeming
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shares
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investment
Warehouse Group lowered its forecasts for annual profit and dividends after New Zealand's largest listed retailer posted weaker first-half earnings as.
NZ economy to grow close to 3% in 2015 as building offsets dairy decline: Moody's
Fri, 6th Mar 2015
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government
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banking
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moody's
New Zealand's economy is expected to grow at an annual pace close to three percent this year as increased building activity in its two biggest cities,.
NZ dollar falls after RBNZ looks for ways to curb residential property investment
Fri, 6th Mar 2015
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rbnz
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new zealand dollar
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bank of england
The New Zealand dollar fell after the Reserve Bank said it is looking at ways to curb lending to residential property investors, which could pave the.