Business

tdn vin stand

Long play for vinyl lovers

As far as Mark Thomas is concerned, vinyl records are here to stay.

Kiwis 'more likely to buy used cars'

Kiwis love driving and, unlike motorists in other parts of the world, they are not averse to buying used cars, a new survey shows.

Economists back OCR rate hike

There is high support for official interest rates to rise to 3 per cent, according to the NZIER Shadow Board, with other economists rejecting suggestions that higher rates will burst a property "bubble".

Election set to shake energy shares

NIKO KLOETEN - © Fairfax NZ News

Investors have done well out of the Genesis Energy partial float so far, but future performance may depend on the result of this year's general election.

Rate rise escalator seen slowing down

JAMES WEIR - © Fairfax NZ News

The Reserve Bank will lift interest rates again this week, to 3 per cent, but may not raise rates as much as earlier expected over the next two years, economists say.

Indices

  VALUE MOVEMENT
NZX50 5,142.922 arrow 37.983 0.74%
ASX200 5,517.800 arrow 38.500 0.70%
DOW 16,514.370 arrow 65.100 0.40%
NASDAQ 4,161.460 arrow 39.900 1.00%
FTSE 6,681.760 arrow 56.500 0.90%
NIKKEI 14,546.270 arrow 157.500 1.10%
H-SENG 22,730.680 arrow -29.600 -0.10%
NZX50 20 min delay, others last close

Top Movers

  PRICE MOVEMENT
TRS 0.007 arrow 0.003 75.00%
PPG 0.070 arrow -0.018 -20.45%
NWF 0.080 arrow 0.009 12.68%
CGF 0.160 arrow -0.020 -11.11%
SEK 2.990 arrow 0.290 10.74%
HLG 3.400 arrow 0.200 6.25%
VML 0.022 arrow 0.001 4.76%
Price as at 6:37 pm, 23 Apr

Currencies

RATE
Australian Dollar 0.926
Euro 0.621
British Pound 0.511
Hong Kong Dollar 6.662
Japanese Yen 88.050
Singapore Dollar 1.079
US Dollar 0.860
Price as at 8:50 pm, 23 Apr

Kiwi gets a boost

Nz dollars NZ dollar jumps against the aussie after soft data casts doubt on rate rises across the Tasman.

Court orders $14m to Maori land trust

A Maori businesswoman who made the New Year's honours list plans to appeal against a court decision ordering her to pay almost $14.5 million to a Maori land trust.

Migration boom rolls on

Georgie Pie serves McDonald's well

Hot wagon for hot cakes

tdn pancake strap First there was the Big Wave Cafe, now there's the big pancake stack.

Want a bargain? Just grab one

Taranaki businesses are jumping on board the "one day sale" website phenomena sweeping the country. Daily News reporter John Anthony looks at how businesses offering deals with minute margins are cashing in.

Boutique brewer a 'shining light'

Trade stores continue their musical chairs

Council considers DIY coffins

New Plymouth residents considering a natural burial may soon be able to build their own coffin.

Maori back in business

TDN Business Maori entrepreneurship in Taranaki is alive and kicking.

Monthly checks key to health

I am often surprised with new clients at how little they know about their business.

Talking about young people's working lives

Opinion: Business view

Future in good hands

Not enough young people are being sufficiently trained to replace his generation.

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