Business

Japanese day trader made $52m

While global investors were hitting the panic button, a Japanese day trader timed the bottom perfectly.

Rich-listers lose millions

Some of NZ's top business people have seen more than $40m wiped off their own company shareholdings this week.

KiwiRail makes another loss

A lack of investment in its assets has driven KiwiRail to a $167 million loss for the most recent financial year.

Lifeline for GST-free shopping?

Australian position on 'Amazon tax' had not been 'super clear', Deloitte says.

Privacy Commissioner watching Microsoft on Windows 10

Microsoft launched its cloud based Windows 10 operating system for free on July 29 to claims it was using the software to spy on users.

Homeowner fights quake repair strategy

Family fighting insurer over quake repair strategy questioned in government investigation.

Port worker's memorial 'bittersweet'

Memorial for Lyttelton Port worker and volunteer fire brigade stalwart Brad Fletcher "bittersweet".

Convention Centre images released

Auckland Council will decide within weeks whether to give the International Convention Centre the go-ahead.

Brierley and associate take stake in national retail chain

Brierley and associate take a stake in Smiths City

NZI puts brake on bad driving

Technology firm eRoad teams up with insurer to encourage safe driving.

Transpower lifts profits and payout to government

State owned national grid company Transpower has returned almost $190 million to the government in the past year, as profits grew.

Mighty River Power profit slips

Power company will pay about $34m to investors in a special dividend, though operating profits fell 4 per cent.

Fuel prices down, but margins up

The price of fuel may be falling, but margins have more than doubled in the last four years.

Brierley buys into Smiths City

Two companies associated with Sir Ron Brierley snap up a stake in struggling retailer Smiths City.

Kiwibank boosts NZ Post's profits

New Zealand Post's profit of $128 million is almost 100 per cent reliant on Kiwibank.

Countdown outshines Aussie parent

Progressive Enterprises, owner of Countdown, is a good little earner for Woolworths.

Government to outlaw animal test

The Government is removing a testing regime for hazardous substances that leaves rabbits with irritated eyes.

Strategy to boost Canterbury's economy

The 11 mayors of Canterbury have joined forces to set a new strategy for the region.

NZX 50 up, NZD stays low

The NZ share market is up amid fading fears about China, but the kiwi is more negative.

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