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Business

SBS Bank in good shape

Ross Smith The outgoing SBS CEO leaves the bank after reporting a near-record profit for 2014.

Empire began over lunch

Stabicraft A friendly chat at lunch about rubber inflatable boats led to the creation of the south's largest boat manufacturer.

South Island primed for platinum

Simon Bridges Canadian company given go-ahead to search for precious metal in Tasman and Southland.

Anger can be expensive

Mary-Jane Thomas OPINION: Ms A and her husband were employed by Ms C in late May-June 2013. Ms A was employed as the calf rearer for the spring and relief milker as and when needed.

Creditors may be out of pocket

postie plus Businesses owed money by Postie Plus have lost hope of getting any of their money back.

  VALUE MOVEMENT
NZX50 5,160.122 arrow 13.592 0.26%
ASX200 5,576.740 arrow 33.500 0.60%
DOW 17,086.630 arrow -26.900 -0.20%
NASDAQ 4,473.700 arrow 17.700 0.40%
FTSE 6,798.150 arrow 2.800 0.00%
NIKKEI 15,328.560 arrow -14.700 -0.10%
H-SENG 23,971.870 arrow 189.800 0.80%

NZX50 20 min delay, others last close

Indices Top Movers Currencies
  PRICE MOVEMENT
WDT 0.120 arrow 0.010 9.09%
VML 0.010 arrow -0.001 -9.09%
MCK 1.180 arrow -0.100 -7.81%
SPY 0.260 arrow -0.020 -7.14%
OGC 3.700 arrow -0.200 -5.13%
CRP 0.230 arrow 0.010 4.55%
XRO 24.480 arrow 0.980 4.17%

Price as at 6:50 pm, 24 Jul

Indices Top Movers Currencies
RATE
Australian Dollar 0.910
Euro 0.637
British Pound 0.505
Hong Kong Dollar 6.656
Japanese Yen 87.180
Singapore Dollar 1.064
US Dollar 0.858

Price as at 8:50 pm, 24 Jul

Rates rise hits homeowners

interest rates Mortgage rates head up, with the latest official interest rate increase passed on to customers.

Moa plans $5.3m capital raising

Listed brewer seeks new capital from shareholders to fund further growth.

Low deposit home loans lift

South Island primed for platinum