Business

Rod Drury

Call to unlock broadband content

A range of obstacles could slow down ultrafast broadband.

SOE sales an election punt

The arguments put up for asset sales are easily knocked over.

Property shake-out

Bank losses to crystallise in development loan sale.

HIH case goes to Australia

The Australian courts are to decide whether the New Zealand subsidiary of failed insurer HIH Australia owes $277 million to investors on that side of the Tasman.

Few details in Mana tax plan

A pledge to introduce a transactions tax is uncosted.

Indices

  VALUE MOVEMENT
NZX50 5,854.248 arrow 21.080 0.36%
ASX200 5,919.940 arrow 40.900 0.70%
DOW 17,712.660 arrow 34.400 0.20%
NASDAQ 4,891.220 arrow 27.900 0.60%
FTSE 6,855.020 arrow -40.300 -0.60%
NIKKEI 19,285.630 arrow -185.500 -1.00%
H-SENG 24,486.200 arrow -10.900 0.00%
NZX50 20 min delay, others last close

Top Movers

  PRICE MOVEMENT
CRP 0.016 arrow 0.002 14.29%
NTL 0.010 arrow 0.001 11.11%
MGL 0.175 arrow 0.015 9.38%
PEB 0.770 arrow 0.060 8.45%
WTL 0.055 arrow -0.005 -8.33%
HLG 3.440 arrow 0.210 6.50%
SEK 3.240 arrow 0.180 5.88%
Price as at 6:36 pm, 27 Mar

Currencies

RATE
Australian Dollar 0.978
Euro 0.696
British Pound 0.509
Hong Kong Dollar 5.873
Japanese Yen 90.260
Singapore Dollar 1.038
US Dollar 0.757
Price as at 4:10 pm, 28 Mar

KiwiRail cost-saving plan 'nuts'

Cash-strapped KiwiRail is proposing to replace electric trains with more diesel-powered engines, which could cost hundreds of jobs, union warns.

Capital's $80m tower

A new $80 million office block is set to replace the quake-damaged BP House on Wellington's waterfront.

Tying the knot second time around

Fonterra adds more milk powder to auction

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