Wellington, Sept 29 NZPA - Clothing retailer Hallenstein Glasson Holdings today reported a 25.5 percent fall in annual profit it blamed on a challenging retail environment.
Wellington, Sept 29 NZPA - New Zealand Superannuation Fund went backwards by 4.92 percent in the year to June 30 because some of its international equity managers underperformed benchmarks and also because it built up a stake in Auckland International Airport.
Wellington, Sept 28 NZPA - London's financial centre is in shock after a millionaire New Zealander, under pressure from the credit crunch, fell in front of an express train.
New Zealand's economic fortune largely depends on the United States sorting its financial crisis, Finance Minister Michael Cullen said today.
Wellington, Sept 26 NZPA - New Zealand's economic fortune largely depends on the United States sorting its financial crisis, Finance Minister Michael Cullen said today.
Wellington, Sept 25 NZPA - Kiwibank is cutting its two-year fixed-rate mortgage by 0.3 of a percentage point to 7.99 percent, saying it is "jumping the gun" on an expected cut to official rates late next month.
Wellington, Sept 24 NZPA - Lombard Group, parent of failed Lombard Finance, told irate shareholders it wants to work its way back to profitability before it decides it future. Today directors faced about 25 shareholders at its annual meeting in Wellington.
Christchurch, Sept 22 NZPA - A community-based sentence has been imposed on a man who ran a "cheque-kiting" scheme that ended up costing a bank about $36,000 when he had a financial meltdown.
Wellington, Sept 20 NZPA - Otago man Shane Cribb has been awarded almost $18,000 costs for his defence of a dangerous driving causing injury charge, which was dismissed in June after a three-year legal battle.
The manufacturing sector and its main union say Parliament missed an opportunity by deciding to retain the status quo on monetary policy. Parliament's finance and expenditure select committee has been holding an inquiry into monetary policy and released its report yesterday.
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