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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.


Air NZ's Houston service paves the way for partnership with United Airlines, analysts say
17 Apr, 4:20pm
Air New Zealand’s new direct service to Houston, Texas, could pave the way for a potential partnership with American based United Airlines that would help fend off competitors on routes between New Zealand and North America, market analysts say... More »

Hancock NZ upbeat on outlook for timber as local units post mixed results
17 Apr, 3:55pm
Hancock Forest Management (NZ), the local division of the world's largest timberland investment manager, is confident about the outlook for New Zealand timber... More »

Bluelab Corp to spend growth grant on taking new product to market
17 Apr, 12:00pm
Bluelab Corp, which makes electronic metering and control devices to aid plant growth, will use a new research and development growth grant to speed up taking a new sensory product to market in the next year... More »

LIC and Lely enter R&D partnership in farm sensor technology
17 Apr, 11:45am
Livestock Improvement Corp, a farmer cooperative that sells bull semen and manages a dairy genetics database, has entered a research and development partnership with Dutch agricultural company Lely Group... More »

NZ dollar surges above RBNZ forecast on TWI basis, may prompt 'jawboning'
17 Apr, 11:40am
The  New Zealand dollar trade weighted index has soared above the Reserve Bank's projections to a nine month high but traders and strategists say the bank has few options, other than jawboning, to drive the currency lower in the face of&nbs... More »

John Williamson flags Hellaby resignation
17 Apr, 9:35am
John Williamson, managing director of Hellaby Holdings, will step down at the diversified investors' annual meeting, after nearly eight years with the company... More »

Wellington Airport's revised fees 'just within' acceptable range of returns, regulator says
17 Apr, 9:25am
Wellington International Airport's revised landing fees are "just within" the Commerce Commission's acceptable range of returns, the regulator said... More »

NZ dollar touches fresh high vs euro amid concerns about Greece
17 Apr, 8:40am
The New Zealand dollar touched a fresh record high against the euro amid mounting concerns that Greece may exit the common currency as it fails to make progress in reaching agreement on its debt repayments... More »

Ministry of Health well on the way to delivering NZ's first social impact bond
17 Apr, 7:30am
The Ministry of Health is well down the track to pilot the country’s first social impact bond, originally mooted 18 months ago, which would pay out on measurably improved social outcomes such as reductions in alcohol and drug use or recidi... More »

Tourism NZ and Air NZ will push new Houston destination in joint US marketing campaign
16 Apr, 5:00pm
Tourism New Zealand said a joint venture promotional campaign it's launching with Air New Zealand in the US in September will have a strong focus on pushing the airline’s new direct flight from Auckland to Houston, Texas, announced today... More »

Tower, with ample capital to meet RBNZ rules, announces $34M buyback
16 Apr, 3:30pm
Tower, the listed general insurer, said its capital holdings are well in excess of the Reserve Bank's minimum solvency requirements, giving it room to buyback as much as $34 million of its stock... More »

JP Morgan questions Employment Court jurisdiction over stoush with former NZ CEO
16 Apr, 2:35pm
The Court of Appeal has heard that the Employment Court has no jurisdiction over a settlement agreement between JP Morgan Chase and its former New Zealand boss, in the latest iteration of a long running employment dispute... More »

Timely Fonterra sale of 6-year bonds draws oversubscriptions
16 Apr, 2:35pm
Fonterra Cooperative Group attracted $100 million of oversubscriptions for its 2021 bonds in a sale that benefitted from the maturity of $800 million of existing debt at the world's biggest dairy exporter and a large government bond maturit... More »

NZ manufacturing dips in March, remains in expansion as employment falls
16 Apr, 11:40am
New Zealand manufacturing activity fell in March, while remaining in expansion, although employment contracted and new orders slowed... More »

RIS Group censured, fined $80,000 plus costs after repeated late filings
16 Apr, 10:40am
RIS Group, a shell company listed on the NZAX, has been publicly censured and fined $80,000 plus costs after missing the deadline to file its 2014 annual report, the third such breach since 2011... More »

Restaurant Brands annual profit rises 19%, sees higher earnings this year
16 Apr, 9:50am
Restaurant Brands, New Zealand's largest fast food store operator, posted a 19 percent gain in annual profit and said it expects to boost earnings again this year even as labour costs rise... More »

NZ dollar rises against weaker greenback; touches fresh record vs. euro
16 Apr, 8:55am
The New Zealand dollar rose to a 10 day high as a weaker greenback overshadowed the negative impact of falling dairy prices and softer Chinese data. The kiwi touched a record high against the euro after European Central Bank presi... More »

While you were sleeping: Intel rallies after earnings
16 Apr, 7:55am
Wall Street gained as shares of Intel rallied on better than expected earnings, while the latest economic reports bolstered expectations the Federal Reserve won’t be in a rush to raise interest rates... More »

China a ‘priority’ for NZ Film Commission as co-production agreements languish
16 Apr, 7:25am
The New Zealand Film Commission, the government entity tasked with supporting the local film sector, is putting more emphasis on building links to China, which local film makers have largely ignored... More »

Dairy product prices fall to the lowest level in 2015
16 Apr, 6:55am
Dairy product prices fell in the latest GlobalDairyTrade auction, hitting the lowest level in the 2015 auctions so far, as prices for milk powder and butter slid amid concern about the outlook for commodities... More »

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