The sharemarket news page contains the latest financial news on NZX listed companies together with global business news that impacts investors. You can also view the latest NZX announcements on the markets page. To receive finance headlines directly to your inbox, you can sign up to our free newsletter or RSS feed here.
Labour’s Parker says Parliamentary privilege vital against Hanover-style litigation 19 Jun, 3:01pm
Labour Party finance spokesman David Parker is throwing his support behind legislation enshrining Parliamentary privilege saying he doesn’t want government officials threatened with defamation suits from deep-pocketed people when offering advice to... More »
Mykris announces strong result 19 Jun, 2:36pm
Mykris Ltd, the NZAX listed Malaysian Internet Service Provider announced its Preliminary Financial Results to 31 March 2013. Mr. Chew, Chairman and CEO advised "We have had our first year as a listed company in NZ and it has been a very strong year."... More »
While you were sleeping Optimism lifts equities 19 Jun, 7:55am
Wall Street advanced amid optimism that US Federal Reserve Chairman Ben Bernanke will reassure investors that the central bank will not pull back its monetary stimulus before it is satisfied with the economic outlook... More »
2degrees gets $165M BNZ facility to fund Huawei-built 4G network 18 Jun, 2:32pm
Two Degrees Mobile, which has won about a fifth of the country’s mobile phone market, secured a $165 million banking facility with Bank of New Zealand to pay for the construction of its new 4G network by Huawei Technologies. ... More »
ANZ named as first bank in $250M default fees class suit 18 Jun, 1:37pm
ANZ Bank New Zealand, the country’s biggest lender, has been named as the first bank facing a class suit over an estimated $250 million fees charged customers for going into overdraft, late credit card payments and bouncing cheques. ... More »
Elders rejects'inadequate' offer for rural services business 18 Jun, 1:28pm
Elders, the ASX-listed agribusiness company, has rejected an offer from Ruralco Holdings for its rural services business, which includes a half stake in New Zealand’s Elders Rural Holdings... More »
Goodyear’s NZ accounts tagged as tyre company’s future relies on latest restructure 18 Jun, 12:10pm
Goodyear & Dunlop Tyres (NZ), the local unit of the biggest US tyre maker, posted a third annual loss last year and its accounts were tagged by the auditors as its future viability becomes increasingly reliant on its decision to quit retailing in New... More »
NZ Energy Corp recuts deal for Origin Energy Taranaki assets 18 Jun, 10:19am
New Zealand Energy Corp has recut its troubled deal with Origin Energy for a range of onshore Taranaki oil and gas assets, cutting the purchase price by C$9 million to C$33.5 million, dropping one licence area, and assuming management of Contact Energy&rs... More »
While you were sleeping: Stocks up ahead of Fed 18 Jun, 9:28am
Wall Street advanced, though gave up some of its earlier gains, following a Financial Times report that US Federal Reserve Chairman Ben Bernanke will signal the central bank is close to easing its US$85 billion-a-month bond-buying program... More »
Fonterra to spend $30 mln beefing up Taranaki supply 17 Jun, 2:00pm
New Zealand consumer confidence surged to its highest level in three years in June, buoyed by improving economic prospects, rising house values, low interest rates and falling prices, according to the latest Westpac McDermott-Miller Consumer Confidence... More »
