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Primary Sector

Outgoing director: Fonterra now in a much better position

Leonie Guiney is staying on until the annual meeting later this year.

Outgoing director: Fonterra now in a much better position
Markets Market close

Power price squeeze saps energy companies as Manawa tumbles

The S&P/NZX 50 Index fell 68.89 points, or 0.6%, to 12,257.28.

Paul McBeth 08 Aug 2024
Power price squeeze saps energy companies as Manawa tumbles
Property

Revaluations continue to impact Vital Healthcare

Vital Healthcare made a $101m loss for the year, with property revaluations contributing.

Tom Raynel 08 Aug 2024
Revaluations continue to impact Vital Healthcare
Markets Markets World

World stocks rebound continues, while yen slumps

The Nikkei has led Asian and European share markets higher.

AAP 08 Aug 2024
World stocks rebound continues, while yen slumps
Markets

Interest in AoFrio’s new tech heating up

AoFrio says its customers want to manage their coolers energy consumption from afar.

Interest in AoFrio’s new tech heating up
Markets

Echelon Resources digs into Australia

While NZ suffers a gas shortage, Australian states are signing gas deals.

Echelon Resources digs into Australia
Markets Market close

Vista leads market higher as broker support swells

The S&P/NZX 50 Index rose 80.41 points, or 0.7%, to 12,326.17.

Paul McBeth 07 Aug 2024
Vista leads market higher as broker support swells
Economy

NZ dollar jumps as markets pare back August cut expectations

Markets are now pricing a 55% chance of a rate cut next week. 

Rebecca Howard 07 Aug 2024
NZ dollar jumps as markets pare back August cut expectations
Markets

The reasons for Manawa's trading halt

Manawa worried about not getting paid and adverse market.

Ian Llewellyn 07 Aug 2024
The reasons for Manawa's trading halt