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NZ market posts gains in quiet trading
The New Zealand sharemarket rose today, following a decline yesterday after nine consecutive days of gains."It was a good performance by the local market considering there were flat performances offshore," said Grant Williamson,...

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Published: Wed, 10 Mar 2010 07:31 p.m.
Dollar rises ahead of monetary policy statement
The New Zealand dollar rose today as traders squared up positions ahead of tomorrow's monetary policy statement by the Reserve Bank of New Zealand.The NZ dollar was at US70.63c at 5pm and rose as high as US70.69c during the domestic...

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Published: Wed, 10 Mar 2010 06:25 p.m.
Financial markets now 'back to normal' says English
New Zealand's financial markets are "back to normal" and government guarantees for banks, set up during the global financial crisis, will be phased out at the end of next month, says Finance Minister Bill English.Speaking at the...

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Published: Wed, 10 Mar 2010 05:00 p.m.
NZ terms of trade up 5.7 per cent in December quarter
A 5.7 per cent surge in New Zealand's terms of trade in the December quarter, as import prices fell much further than export prices, is seen as more evidence that the recovery is rebalancing towards production.The increase in...

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Published: Wed, 10 Mar 2010 04:30 p.m.
FAI Money closes deposit book and repays investors
FAI Money, a finance company owned by Eric Watson and Mark Hotchin and once part of the Hanover Group, has told investors it will repay them early and will no longer take deposits as of March 22.A letter to debenture holders says:...

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Published: Wed, 10 Mar 2010 04:00 p.m.
Job ads rise on Seek, applications up even faster
New job advertisements placed on the website of employment company Seek reached the highest level for a year in February.The 12,700 new ads last month were the most since January 2009, Seek New Zealand general manager Annemarie...

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Published: Wed, 10 Mar 2010 03:45 p.m.
 
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