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NZ shares drop on profit taking, Fed jitters; Telecom falls May 24 (BusinessDesk) New Zealand shares tumbled as investors took advantage of weaker Chinese growth and hints of a possible end to quantitative easing in the US to take profits on
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Optimizer HQ is the latest New Zealand technology company to signal its intention to list on the NZX. Chief executive Manas Kumar said the Auckland-based software development firm hoped to float on the local exchange within the next three to six
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Rakon, which makes crystal oscillators used in smart phones and navigation systems, plunged deeper into the red after writing down the value of its Chinese and New Zealand units, and posting underlying earnings at the bottom of its twice-downgraded
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When it comes to policing bad behaviour on our sharemarket there are two cops, the Financial Markets Authority, which is hopefully concentrating on the big crimes, and NZX's regulatory arm, which, while also interested in grand larceny, is also
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NZ shares rise, led by F&P Healthcare on weaker kiwi May 20 (BusinessDesk) New Zealand shares edged higher, led by Fisher & Paykel Healthcare and NZX, while concerns about the Australian housing market weighed on Fletcher Building. The NZX 50 Index
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First-time investors had a scary start to share investing last week: Watching the Mighty River share price get within a cent of what they had paid for them. There had been a more self-satisfied atmosphere when the Government, Treasury boffins and
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NZ shares fall as Telecom cuts guidance, Ryman gains of profit May 16 (BusinessDesk) New Zealand shares fell after Telecom said competition in fixed-line sales meant full-year earnings would be at the bottom end of guidance, while Ryman Healthcare
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NZ shares edge up; F&P Healthcare helped by weak kiwi May 15 (BusinessDesk) New Zealand shares rose, led by Fisher & Paykel Healthcare, as the maker of breathing masks and respirators benefited from a kiwi dollar at a two-month low. NZX rose to a six-
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Global investors will soon be able to directly invest in New Zealand's financial markets after the NZX signed to provide trading and data services on BT Radianz Cloud. The platform, owned by UK-based telecommunications giant BT, effectively acts as
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Synlait Milk is planning an initial public offering (IPO) which would see its shares listed on the NZX main board. It is the latest in a flurry of planned stock exchange listings announced in recent day, including Wynyard Group, SLI Systems and Serko.
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