Beingmate Baby & Child Food Co, part-owned by Kiwi dairy giant Fonterra, has reported a wider net loss for 2017 than had previously been forecast.The Chinese food manufacturer, which Fonterra has an 18.8 per cent stake in, reported... more ...
The high-flying US technology sector has been one of the best sharemarket performers in recent years. It was the top performer in 2017 with a 37 per cent gain, and is number one again so far this year.It's the most dominant sector... more ...
It's been a roller coaster of a week for Fletcher Building shareholders what with squashed rumours of a takeover followed by its $750 million capital raising via rights issue.The company will come off a trading halt this morning... more ...
The old legend bears repeating.For at least a century after European settlement and especially since the Dunedin sailed in 1882, New Zealand was Britain's farm. The UK regularly took two-thirds of exports, and up to 90 per cent... more ...
This time last year we commented on the importance of market integrity — focusing on conduct in our traded markets. Over recent months, we have been concerned to see a catalogue of corporate problems in NZ-listed companies. Each... more ...
The Financial Markets Authority will take a closer look at the way fund managers regularly update their investors after a general stocktake showed some short-comings in the way information is disclosed.The market watchdog found... more ...
US President Donald Trump took a swing at the Russian and Chinese regimes on Twitter yesterday, in his latest statement on rising trade tensions.Trump said that there was a deliberate attempt by these countries to devalue their... more ...
Directors on New Zealand's publicly listed companies are more likely to be from Auckland and male compared to government-appointed boards, research has revealed.Chapman Tripp has analysed the make-up and tenure of boards for New... more ...
Investing in a low-emission future now could save New Zealand big in the future, a new Government-commissioned report has found.The report, by Dr David Hall and Sam Lindsay of economic research collective Mohio, investigated opportunities... more ...
The adage "when Wall Street sneezes, everyone catches a cold" is wearing thin.The US stock market's S&P 500 index fell by 2.2 per cent last Friday after US President Donald Trump threatened to impose US$100 million of additional... more ...
Global markets scrambled for safety as the West stands on the brink of conflict with Russia in the Middle East sending oil prices to their highest level in three years.US President Donald Trump's promise that US missiles "will be... more ...
America can't win a trade war with China. Seriously, if Donald Trump's trade scrap becomes one of consumer attrition – which nation would you put your money on?Which nation's population looks more capable of suffering through... more ...
Spotify's $37 billion listing on the New York Stock Exchange this week seems to have hit an early high note with investors.The streaming service which direct listed without raising any new capital saw its share price surge on its... more ...
We're about to see something in global interest rate markets that hasn't happened in almost two decades.When the Federal Reserve hikes interest rates next, widely expected to be in June, the US overnight rate will be higher than... more ...
Private equity company TPG sold down its stake in Australasia's biggest poultry producer, Inghams Group, this month, raising the question: when will Tegel Group's private equity masters follow suit?Australasia's two biggest listed... more ...
Fran O'Sullivan sat down with Fonterra's John Wilson and Theo Spierings to talk about their China position. Fonterra's news that it was writing down its $774 million investment in Chinese infant formula company Beingmate by $405m... more ...
First it was steel, now a direct shot at China - US President Donald Trump is firing up for a trade war and it has rattled markets.But the risk of protectionism sinking global economic growth is being overplayed by nervous investors... more ...
The New Zealand sharemarket looks headed for its third down day after it opened 0.6 per cent lower following drops in the American markets on Friday.The S&P/NZX50 fell 54.35 points or 0.64 per cent to 8461.01 in early trading with... more ...
Digital downloads had a short run as the top-selling format in the music industry. It took until 2011, a decade after the original iPod came out, for their sales to surpass those of CDs and vinyl, and they were overtaken by music... more ...
If we needed any more proof that privacy as we knew it is dead, Facebook's Cambridge Analytica scandal is it.Welcome to 1984 . It's not quite the world George Orwell envisioned. It's less overtly authoritarian but it's even more... more ...
Last updated : Fri April 27, 18 - 00:32:09
Disclaimer: All the information above is provided as a service for individuals and institutions. It should in no way be construed as a recommendation as an investment. Investment decisions should be based on the risk tolerance and planning horizon of the investor. Market participants must understand that past performance is also not a guarantee or predictor of future results.