No end for Rainbow theme park
New Zealand's largest theme park, Rainbow's End, has extended its lease with the Manukau City Council until 2034 - albeit with some changes in the agreement.Christmas trade disappoints
Retailer The Warehouse has reported disappointing trading results for the Christmas period.
Air NZ manager named
By DENISE MCNABB - BusinessDay
Air New Zealand's regional cargo manager for the Americas is the latest to be added to the list of airline executives facing allegations of international price fixing.
Strategic to miss first repayment
Strategic Finance, which owes investors some $325 million, will miss its first repayment to stockholders.
'Quiet' day for NZ shares
NZ sharemarket - close
An "extraordinarily quiet" day on the New Zealand sharemarket saw small gains in the major stocks, but a 14-cent drop in The Warehouse shares after the big red retailer announced disappointing trading results for Christmas.
Indices
| VALUE | MOVEMENT | |||
|---|---|---|---|---|
| NZX50 | 3,268.188 |  |
38.043 | 1.16% |
| ASX200 | 4,876.250 | |
5.600 | 0.10% |
| DOW | 10,428.050 |  |
-120.500 | -1.10% |
| NASDAQ | 2,308.420 | |
39.300 | 1.70% |
| FTSE | 5,500.340 | |
87.500 | 1.60% |
| NIKKEI | 10,654.790 | |
108.400 | 1.00% |
| H-SENG | 21,823.280 | |
-49.200 | -0.20% |
| NZX50 20 min delay, others last close | ||||
Top Movers
| PRICE | MOVEMENT | |||
|---|---|---|---|---|
| Market Opening Soon | ||||
Currencies
| RATE | |
|---|---|
| Australian Dollar | 0.804 |
| Euro | 0.509 |
| British Pound | 0.456 |
| Hong Kong Dollar | 5.709 |
| Japanese Yen | 67.520 |
| Singapore Dollar | 1.026 |
| US Dollar | 0.736 |
| Price as at 8:10 pm, 5 Jan | |
MyFarm secures land at 25% below premium
Farm investment company MyFarm says it was able to find high quality properties for up to 25 percent less for stock and land last year, than during the dairy boom in 2008.
Pacific Blue plans Cairns service
Pacific Blue is breaking Air New Zealand's monopoly on the non-stop Auckland-to-Cairns route from March, cutting fares by 13 per cent.
Harcourts Grenadier takes 50pc stake
'Lack of direction threat to optimism'
Credit Suisse facing $24bn damages suit
Credit Suisse Group has been sued by property owners in four luxury ski and golf resorts who say the Swiss bank concocted a loan scheme to defraud them.
US manufacturing posts best showing since 2006
The US manufacturing sector grew at its fastest pace in nearly four years in December, its fifth consecutive month of expansion, adding to hopes of economic improvement in 2010.
Sydney enjoys jobs boom
Delay costs Woodside $30bn
Novartis offers $39.3bn for rest of Alcon
Novartis aims to buy the rest of leading eye care firm Alcon for $39.3 billion to reduce reliance on prescription drugs.
Equity, commodities markets lift NZD
Strong equity and commodities markets lifted the New Zealand dollar into 2010, following up on gains made last year.
Early gains for NZ shares
The New Zealand sharemarket started 2010 in the same vein as it ended 2009, climbing early as leading shares gained.
Gold reaches 3-week high
Kiwi rallies against greenback
'Quiet' day for NZ shares
An "extraordinarily quiet" day on the New Zealand sharemarket saw small gains in the major stocks, but a 14-cent drop in The Warehouse shares after the big red retailer announced disappointing trading results for Christmas.
Sponsored links
Convenience has its price
Convenience comes at a price for those who choose to stock their shelves with groceries from hamper company Chrisco.
Brokers pick best stocks
The country's leading sharebrokers have picked a diverse range of stocks they expect to perform well in 2010 with little cross-over.
Families face blowout
Finance firm's 'excluded' offer
Kiwisaver the darling of mum and dad investors
Kiwisaver continues to dominate New Zealand's ``ma and pa'' investment scene.
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