Banks sidestep huge bill
The Government's tax avoidance deal struck with the four big Australian-owned banks has cost New Zealand at least $589 million.Hautaki holding in 2degrees cut
By ANDREA FOX - The Dominion Post
Pan-Maori investor the Hautaki Trust is to reduce its shareholding in new mobile phone company 2degrees after failing to raise enough capital to sustain its 20 per cent stake.
Bollard buys up spoof
By JAMES WEIR - The Dominion Post
Alan Bollard has ways of keeping a lid on details of his mythical double life.
Conflict of interest at NZX highlighted
Potential conflict of interest between NZX's regulatory and commercial functions is highlighted in the annual review of sharemarket operator NZX by the Securities Commission.
Syft postpones meeting to appoint chief
By BEN HEATHER - The Press
Syft Technologies has cancelled a meeting to appoint a new chief executive who would have injected much-needed capital into the company.
Indices
| VALUE | MOVEMENT | |||
|---|---|---|---|---|
| NZX50 | 3,205.200 |  |
-4.362 | -0.14% |
| ASX200 | 4,790.850 |  |
51.500 | 1.10% |
| DOW | 10,520.100 | |
53.700 | 0.50% |
| NASDAQ | 2,285.690 | |
16.100 | 0.70% |
| FTSE | 5,402.410 | |
30.000 | 0.60% |
| NIKKEI | 10,536.920 | |
158.900 | 1.50% |
| H-SENG | 21,517.000 | |
188.300 | 0.90% |
| NZX50 20 min delay, others last close | ||||
Top Movers
| PRICE | MOVEMENT | |||
|---|---|---|---|---|
| Market Opening Soon | ||||
Currencies
| RATE | |
|---|---|
| Australian Dollar | 0.799 |
| Euro | 0.492 |
| British Pound | 0.443 |
| Hong Kong Dollar | 5.483 |
| Japanese Yen | 64.710 |
| Singapore Dollar | 0.997 |
| US Dollar | 0.707 |
| Price as at 8:10 pm, 25 Dec | |
NZX champions local electricity futures market
NZX, the New Zealand stock exchange operator, says it is best placed to host a local electricity futures market and warns of the pitfalls of foreign ownership.
Court of Appeal dismisses AIAL land claim
The Court of Appeal has dismissed an appeal from the former owners of land purchased for the construction of Auckland International Airport.
Gull drops petrol by three cents
Botry-Zen owes $2.2m
Zimbabwe's Nestle plant shut
Nestle SA, the world's biggest food and drink company, says it has temporarily closed its production site in the Zimbabwe capital because employee security is no longer guaranteed.
Ford expects to seal Volvo deal
US carmaker Ford said it expected to close a deal to sell Volvo Cars to China's Zhejiang Geely in the second quarter of 2010, in the latest in a string of deals between Asian and Western carmakers.
US homebuilding data disappoints
US stocks rally pre-Christmas
Beijing billionaires with lonely hearts
Lonely this Christmas? Spare a thought for Beijing's billionaires.
Light share trade on Christmas Eve
The New Zealand sharemarket eased its way into the Christmas holiday period, closing little changed on light volume.
NZ dollar consolidates in subdued trade
The New Zealand dollar consolidated in a fairly narrow range above US70c in subdued trading ahead of the Christmas holiday break.
Kiwi rebounds against softer greenback
So ends a choppy year for the dollar
Flat start on NZX ahead of holiday
The New Zealand sharemarket started its pre-holiday trading session in mildly positive territory and little change among the leading stocks.
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.
Investors may get only 88%
The Canterbury Mortgage Trust expects to have paid its 4500 investors 70 per cent of their principal back before July next year.
Times are tight, is your derriere?
Forced sales tipped to remain high
Kiwisaver the darling of mum and dad investors
Kiwisaver continues to dominate New Zealand's ``ma and pa'' investment scene.
- Accommodation
Find Accommodation
- Jobs
Search Jobs
- Property
Search properties
- Motors
Search Motors
