'There's a lot of coal at Stockton'
Solid Energy chief executive Don Elder says its Stockton mine which was expected to produce coal for 3-5 years when he first became boss, now "very possibly" had a 20 year-plus extended lifetime.Depreciation tax breaks to go
By MARTIN KAY - The Dominion Post
Property investors will bear the brunt of planned tax changes, with the Government looking to claw back $1.7 billion a year from the sector to help cut income tax rates.
Pig cells trade for stake in company
14 min ago Biotech entrepreneur Living Cell Technologies (LCT) says it has traded some of its cells from its quarantine herd of New Zealand pigs for a 10 percent stake in a US-based wound healing company.
'Equity markets still the horse to back'
14 min ago The New Zealand sharemarket is still a better bet than cash or bonds, despite it appearing to have peaked at the beginning of the year, says AMP Capital's head of investment strategy.
New GE Capital CEO
14 min ago GE Capital has promoted former managing director of retail, Skander Malcolm, as chief executive of GE Capital Australia and New Zealand.
Indices
| VALUE | MOVEMENT | |||
|---|---|---|---|---|
| NZX50 | 3,096.351 |  |
19.900 | 0.64% |
| ASX200 | 4,505.070 |  |
-16.300 | -0.40% |
| DOW | 9,908.390 | |
-103.800 | -1.00% |
| NASDAQ | 2,126.050 | |
-15.100 | -0.70% |
| FTSE | 5,092.330 | |
31.400 | 0.60% |
| NIKKEI | 9,932.900 | |
-18.900 | -0.20% |
| H-SENG | 19,790.280 | |
239.400 | 1.20% |
| NZX50 20 min delay, others last close | ||||
Top Movers
Currencies
| RATE | |
|---|---|
| Australian Dollar | 0.791 |
| Euro | 0.503 |
| British Pound | 0.442 |
| Hong Kong Dollar | 5.388 |
| Japanese Yen | 62.170 |
| Singapore Dollar | 0.983 |
| US Dollar | 0.693 |
| Price as at 9:10 am, 10 Feb | |
Pig cells trade for stake in company
Biotech entrepreneur Living Cell Technologies (LCT) says it has traded some of its cells from its quarantine herd of New Zealand pigs for a 10 percent stake in a US-based wound healing company.
WTO decision soon on apple stoush
The Government is expected to hear at the end of next month the World Trade Organisation decision on New Zealand efforts to export apples to Australia.
Relief that key points abandoned
Return to growth depends packages
Google threatens China copycat
Google has sent a cease and desist letter to the operators of a Chinese search website whose logo bears a close resemblance to its own.
Fonterra relaunches brands in China
Fonterra is shedding its coyness about returning to dairy manufacturing in China after a disastrous debut, saying it is relaunching two premium brands there and ultimately wants to make them in China.
AstraZeneca gets FDA green light
Macquarie flags 10pc profit rise
Greece unveils massive reforms
Greece has unveiled sweeping proposals to increase retirement ages, hike taxes on the Church and force street vendors to issue receipts, in a bid to appease EU partners and markets alarmed by the country's debt crisis.
Exporters, risk behind recovery
The New Zealand dollar improved against the greenback overnight, driven by exporters and a slight increase in risk appetite.
Market continues to lose ground
The New Zealand sharemarket continued to lose ground, sliding more than half a percent today to reach levels last seen more than five months ago.
Dollar halts downward slide
ASX heads south, takes Wall St cue
Wall Street reverses early gains
The Dow industrials closed below 10,000 for the first time since November as investors sold bank shares due to heightened concerns about the euro zone's sovereign debt troubles.
Sponsored links
On the block: houses, tax and angry investors
The government needs to get some balls. One minute they are cosying up to us private property investors to provide them with solutions; the next minute they are treating us like pariahs. It's bizarre.''
Eight things property investors should know
Ernst & Young tax partner Jo Doolan outlines the Tax Working Group's proposals that will impact on property investors:
Live Chat: Key's speech
Time to buy, not book, a bach?
Playing it safe with shares
Barbara Drury gives some expert advice on selecting safe shares for the long haul with Warren Buffett's help.
Teen 'will go to jail' rather than give up injured dog
Kong movie ship scuttled in strait
Ex-All Blacks star apologises for groping teenager
Pattinson sex scenes 'disturbing'
Daily trivia quiz: February 10
'Very white' Australian rugby cops criticism
Fantastic panoramic of Taranaki
Outrage as Key signals national park mining
Liberty Templeman's parents tell of search for murdered daughter
Fantastic panoramic of Taranaki
Plan to claw back $1.7b by axing depreciation tax breaks
Teen 'will go to jail' rather than give up injured dog
Waikato Pistons sign troublesome talent
Kong movie ship scuttled in strait
Fifth of adults choose pets over partner
Teen 'will go to jail' rather than give up injured dog
Key confirms GST increase being considered
A pass for Key, but much more to do
Sanzar and Sky decide it's time to titillate the fans
Vicious Facebook attack on new Burnside High principal
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