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Negative Sentiment Swings Back Into NZ Sharemarket

Negative Sentiment Swings Back Into NZ Sharemarket
Wellington, April 7 NZPA - The New Zealand sharemarket opened lower as negative sentiment swung back into play, with a new economic survey and nervous start to Wall Street's trading week.

Dollar Makes Gains Friday But Slides Back Down

Wellington, March 27 NZPA - Better than expected economic figures gave the New Zealand dollar a boost today, but any gains were quickly eroded. At 5pm today it was worth US57.57c, little changed from US57.53c at 5pm yesterday.

NZ Dollar Climbs To New 10-Week High Vs Greenback

NZ Dollar Climbs To New 10-Week High Vs Greenback
Wellington, March 27 NZPA - The New Zealand dollar climbed to its highest level against the greenback in more than 10 weeks as government debt yields surged in a sign investors are reining in expectations for lower rates.

Telecom Appoints Japanese Industry Leader To Board

Telecom Appoints Japanese Industry Leader To Board
Wellington, March 24 NZPA - A Japanese entrepreneur and telecommunications industry leader with a home in Christchurch is joining the Telecom board.

Kiwi Stays Range-Bound Against Greenback

Kiwi Stays Range-Bound Against Greenback
Wellington, March 18 NZPA - The New Zealand dollar continued trading in a narrow range against the greenback today, in the absence of new domestic economic data.

NZ Dollar Has Brief Stay Above US51.60c

NZ Dollar Has Brief Stay Above US51.60c
Wellington, Feb 20 NZPA - The New Zealand dollar made a brave attempt to break the US51.60c barrier overnight but managed only a short stay before tumbling back down. The kiwi was worth US51.32c at 8am today after being worth US51.20c at 5pm yesterday.

NZ Dollar Moves Below US51c, Avoids Scrape With Sheep Scrapie

NZ Dollar Moves Below US51c, Avoids Scrape With Sheep Scrapie
Wellington, Feb 18 NZPA - The New Zealand dollar moved into a lower range overnight settling into a range just under the US51 cent mark.

Telecom Shares Down Slightly After Company Reports Profit Dive

Telecom Shares Down Slightly After Company Reports Profit Dive
Wellington, Feb 13 NZPA - Shares in market heavyweight Telecom fell a few cents after initially holding up when the company reported a 59 percent fall in first-half net profit to $162 million.

No Change Early To Telecom Shares After Co Reports Profit Dive

No Change Early To Telecom Shares After Co Reports Profit Dive
Wellington, Feb 13 NZPA - Shares in market heavyweight Telecom were unchanged in early trading after the company reported a 59 percent fall in first half net profit to $162 million.

NZ Dollar Hits Six Year Low After OCR Cut

NZ Dollar Hits Six Year Low After OCR Cut
Wellington, Jan 30 NZPA - The New Zealand dollar hit a six-year low overnight following yesterday's announcements of the official cash rate, the crown accounts were in the red, and a greater than expected trade deficit.