Business and Finance Diary - week to August 29
Online recruitment firm headed by 23-year-old Australian, who raised NZ$5.55m for business, expands into NZ.
Recent days show why it's good the Fed is moving slowly in winding down its stimulus programme.
Concerns leave Asian shares pinned near five-month lows, with Turkey also in the spotlight.
Australian shares have recovered some of the heavy losses posted in early trade, but remain weak.
Bill English says the kiwi dollar is overvalued against the Australian and is putting pressure on exporters.
US stocks have fallen on concern about the Federal Reserve's plans for withdrawing stimulus.
Weak trading volumes mean today's drop in the NZ stock market is "nothing to worry about".
The stock exchange is understood to be investigating the causes of a sharp drop in Air New Zealand shares in the immediate aftermath of the government sell down.
The New Zealand Stock Exchange has been reappointed to the World Federation of Exchanges.
Kiwi firms appear to have been shut out of lead roles in what is likely to be Government's biggest IT project.
The NZ dollar pushes higher against the greenback and aussie after upbeat Reserve Bank statement.
The Government is scaling back bond issuance while appetite for the NZ dollar drives a record year for the Kauri market.
NZ dollar drops below US80c after RBNZ's surprisingly tough restrictions on low equity home loans.
UBS warns the tailwinds seen in New Zealand shares may be running out of puff.
Investors are calling the news that Meridian Energy and the Tiwai Pt aluminium smelter have struck an electricity deal a good thing for the partial float of the state-owned power company, but not the sector.
Aussie listed fund manager spends $8.3m buying up Fonterra's units on the back of the whey contamination scare.
Interest rate expectations push NZ dollar to a nearly five-year high against the Aussie.
The New Zealand dollar is trading at the highest levels it has seen this month against the greenback.
The kiwi trades as high as A86.23c today reaching a high not seen for nearly five years.
The New Zealand dollar is the highest it has been against the greenback this month.
A project to get more women and better ethnic diversity in top management launches next month. What will it do that existing diversity efforts can't?
Smartphone voucher company VMob announce a three-year deal with Indonesia's largest telco.
Leading Christchurch IT firm offering $27m worth of shares to the public, with Trade Me's Sam Morgan signing up for $1m.
Quadrant Private Equity's impending sale of its stake in Summerset may be behind the bid to dual list the firm on the Australian share market.
Improved overseas access to the NZX Dairy Futures market gives the market operator a big win.
The NZX50 outperformed the ASX and Asian markets, grinding up 23 points or 0.6 per cent to 4436.7 on a moderate volume of 33.7 million shares traded.
The NZX 50 Index was up 3.296 points or 0.1 per cent to 4412.835 in its first bout of trading.
Kiwi dollar reaches 20-month high above US86.3 cents.
Kiwi dollar is expected to gain further against the US dollar - possibly reaching highs not seen for two years.
The NZX50 slipped 10.5 points or 0.24 per cent to 4409.5 as heavyweights succumbed to profit-taking.
The New Zealand sharemarket followed global stocks upwards today.
The kiwi is expected to extend post-float highs up through US86 cents within 24 hours.
The New Zealand dollar rocketed through the US85 cent mark yesterday as falling international interest rates boosted demand for Kiwi assets.
The NZX50 reclaimed some of this week’s lost ground, rising 25 points despite some jitters over tensions in North Korea.
Long-term economic trends favour the kiwi as a good investment.
The NZX 50 Index was up 4.952 points, or 0.1 per cent, to 4400.16 in the first bout of trading.
The NZX50 trod water, unmoved by an NZIER quarterly survey that pointed to 3 per cent annual economic growth.
The currency continues its climb as central bank comments about a possible housing boom catch the eye of international investors.
The NZX50 fell 0.8 per cent or 35.8 points to 4397 as buyers took their foot off the gas.
Shares rise as more weak United States economic data leads to a spike in gold prices.
NZ dollar retains strength against the greenback following more weak economic data out of the United States.
Shares treaded water in muting trading today as investors' hunt for yield held the NZX 50 just above surface.
The NZX 50 Index was down 11.792 points, or 0.3 per cent, to 4,418.375 in the first bout of trading.
Kiwi rises as fears ease that the Cyprus-style bailout will become a template for future eurozone bailouts.
NZ shares rose to an all-time high today, defying widespread gloom in overseas markets.
NZ shares dropped into the red after US data dented optimism about the world's largest economy.
The New Zealand dollar has retained its strength against the greenback after more weak economic data out of the United States overnight.
NZ shares were up marginally on the back of soaring dairy prices in last night's Global Dairy Trade auction.
The New Zealand dollar has continued to climb against the greenback after dairy prices soared to all-time highs in last night's Fonterra online auction.