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Business

Rent needs to drop

The cost of leasing retail space in Esk Street could be too high to attract new businesses, a property valuer says.

KiwiYo opens in Invercargill

Invercargill has a new place for tweenagers to hang out, as the town's first frozen yoghurt bar opens.

Film industry boosts tourism

The billion-dollar visitor economy in Queenstown is on the up, sector representatives say.

Blis pinged for NZX rule breach

Dunedin biotech has been fined $30,000 by the NZ Markets Disciplinary Tribunal.

Laundromat to get upgrade

The Glengarry Laundromat has changed hands and the new owners plan to give it an upgrade.

  VALUE MOVEMENT
NZX50 5,541.034 arrow 22.558 0.41%
ASX200 5,338.650 arrow 127.900 2.50%
DOW 17,804.800 arrow 26.700 0.20%
NASDAQ 4,765.380 arrow 17.000 0.40%
FTSE 6,545.270 arrow 79.300 1.20%
NIKKEI 17,621.400 arrow 411.400 2.40%
H-SENG 23,116.630 arrow 284.400 1.30%

NZX50 20 min delay, others last close

Indices Top Movers Currencies
  PRICE MOVEMENT
FIN 4.000 arrow -1.000 -20.00%
MGL 0.190 arrow 0.020 11.76%
VML 0.010 arrow -0.001 -9.09%
SDL 0.650 arrow -0.050 -7.14%
RBC 0.370 arrow 0.020 5.71%
PPL 0.210 arrow -0.010 -4.55%
GPG 0.420 arrow -0.020 -4.55%

Price as at 6:50 pm, 19 Dec

Indices Top Movers Currencies
RATE
Australian Dollar 0.952
Euro 0.634
British Pound 0.496
Hong Kong Dollar 6.006
Japanese Yen 92.600
Singapore Dollar 1.019
US Dollar 0.775

Price as at 8:10 pm, 20 Dec

Gull entices buyers

Petrol prices may fall to around $1.70 a litre in some parts of the country where Australian player Gull is savagely discounting.

Trades training at a high

Christchurch's rebuild has helped create a boom number of 5000 new apprentices for the construction industry in 2014.

McDonald's better beef aim

LPC to expand inland cargo