By Melanie Carroll of NZPA Wellington, June 5 NZPA - The Reserve Bank's surprise signal that interest rates could fall by the end of the year helped support the sharemarket, which came under pressure from a weaker Australian market.
Wellington, June 5 NZPA - The New Zealand sharemarket rose in early trading, despite a bleak picture of the economy painted by Reserve Bank Governor Alan Bollard.
By Catherine Harris of NZPA Wellington, June 4 NZPA - New Zealand shares steadied today from yesterday's dramatic 2.3 percent plunge over more international credit jitters.
Wellington, June 4 NZPA - The sharemarket firmed in morning business today after its biggest tumble of 2008 amid renewed concerns in world credit markets. The benchmark NZSX-50 index, which yesterday lost 84.172 points or 2.3 percent, was at 10.20am up 5.6 points to 3545.6.
By Pam Graham of NZPA Wellington, June 3 NZPA - The New Zealand share market plunged 2.3 percent today as offshore markets weakened and as gains on Friday by major stocks reversed.
Wellington, May 20 NZPA - Fletcher Building shares recovered after the company affirmed profit guidance today, but questions remained over how the company would continue to fare in a global slowdown, an analyst said.
Wellington, May 20 NZPA - Fletcher Building said today it expects a full year net profit between $450 million and $460 million provided there is no significant change in economic conditions in the rest of the year.
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