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Former Feltex directors defend charges

Former Feltex directors defend charges
Auckland, April 12 NZPA - The five former directors of Feltex Carpets are blaming their accountants for irregularities in financial statements.

Member's bill aimed at protecting investors drafted

Member's bill aimed at protecting investors drafted
Wellington, March 19 NZPA - Labour MP Lianne Dalziel has drafted a bill to ensure investors benefit from action taken by regulators against investment companies. However, ANZ Bank says the bill - if passed - would mean settlements were never finalised.

Sharemarket Edges Up A Little In Flat Start

Sharemarket Edges Up A Little In Flat Start
Wellington, March 15 NZPA - The New Zealand sharemarket edged ahead 0.2 percent today, with mixed movements among the big players.

NZ Dollar Firms, With Rba Rate Proving Temporary Setback

NZ Dollar Firms, With Rba Rate Proving Temporary Setback
Wellington, Feb 3 NZPA - The New Zealand dollar firmed across the board overnight, yesterday's negative effect of the Reserve Bank of Australia's official cash rate decision soon wearing off. The kiwi rose to US71.26c at 8am from US70.58c at 5pm yesterday.

NZ Dollar Falls On Weak Gdp Report, Strong US Dollar

NZ Dollar Falls On Weak Gdp Report, Strong US Dollar
Wellington, Dec 23 NZPA - The New Zealand dollar fell below US70c today as weaker than expected gross domestic product data reduced the perceived need for tighter monetary policy and as the United States dollar continued its recovery.

NZ Dollar Falls On Weak GDP Report

NZ Dollar Falls On Weak GDP Report
Wellington, Dec 23 NZPA - The New Zealand dollar fell on news the economy is crawling its way out of recession.

NZ Sharemarket Slow Today

NZ Sharemarket Slow Today
By Paloma Migone of NZPA Wellington, Nov 4 NZPA- The New Zealand sharemarket was directionless today and closed little changed. The NZX 50 ended up 7.714 points, or 0.244 percent, at 3166.708 having opened slightly lower at 3149.99, a four-week low.

Fonterra's Online Auction Tests State Of Commodity Markets Again

Fonterra's Online Auction Tests State Of Commodity Markets Again
Wellington, Aug 4 NZPA - Fonterra's Global Dairy Trade arm will tomorrow test international markets for whole milkpowder (WMP) with its scheduled August internet auction.

NZ Dollar Rises Further Against Greenback

NZ Dollar Rises Further Against Greenback
Wellington, June 3 NZPA - The New Zealand dollar reached its highest level against the greenback in almost eight months early today after a bumpy night.

NZ Dollar Rises On S&P Ratings Outlook Upgrade

NZ Dollar Rises On S&P Ratings Outlook Upgrade
Wellington, May 28 NZPA - The New Zealand dollar rose on news that credit rating agency Standard & Poor's has upgraded the outlook on New Zealand's credit rating to stable from negative.

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