Finance
2 Aug 2014 20:33
Personal Finance
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  • 2 Aug 2014 
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    The NZ benchmark NZX50 index ended yesterday down -1.12% percent (-58.06 points), to close at 5,110. More >>
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    Today's top business story
    Part of Chch assets company may be sold
    Christchurch City Council is looking at raising $400 million by selling part of the company that holds its stake in the port, airport and power company.
    >> Read Article 

    Chch council mopping up port shares

    01 Aug - Chistchurch council's infrastructure investment arm is bidding to buy all the shares it doesn't own in Lyttelton Port.... more

    NZ dollar heads for 0.8% weekly decline

    01 Aug - While weaker commodity prices and intervention talk have weighed on the kiwi dollar, better data out of the US has lifted greenback demand. ... more

    NZ shares join global sell-off

    01 Aug - The NZX 50 Index has dropped 1.1 per cent to a two-week low, as stocks around the globe dropped on geopolitical concerns.... more

    Oji cleared to buy Carter Holt businesses

    01 Aug - A $1.0 4 billion deal to buy Carter Holt Harvey's pulp, paper and packaging businesses will be one of Japan's largest investments in New Zealand.... more

    Xero's increased spending 'no surprise'

    01 Aug - Xero says a 47 per cent rise in quarterly cash burn is "in line with our targets", but its share price has fallen.... more

    Gentrack misses targets, shares plunge

    01 Aug - Shares in Gentrack have dropped as much as 19 per cent after the airport and utility software company said it won't meet forecasts.... more

    Akld rail changes 'false economy': Greens

    01 Aug - Auckland transport bosses have decided to drop what would have been the city's deepest underground rail station to save money in the upgrade.... more

    NZ sharemarket closes firmer

    31 Jul - The NZX 50 Index has firmed 0.2 per cent, with Telecom, Chorus, Trade Me and Fletcher Building among rising stocks.... more

    Realtors expected to return to Trade Me

    31 Jul - Trade Me's real estate listing back-down should recover its market share at the expense of lower yield, says an analyst.... more


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    NZ Summary
    NZX50   5,110 58 points (-1.12%)
    NZ/US   0.850 up 0.13c (+0.15%)
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