Finance
23 May 2013 17:35
Personal Finance
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  • NZCity - NZ's Best Homepage
    23 May 2013 
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    NZX50 - last 4 weeks The NZ sharemarket
    As at 16:00 today the NZ benchmark NZX50 index of New Zealand's biggest listed companies was down 21 points at 4,589. More >>
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    NZ Dollar Vs. US Dollar - last 4 weeks NZ Dollar and Interest Rates
    The NZ dollar moved down against the US Dollar yesterday, ending the day in New York at US 81.64c and 53.87 UK pence.  More >>
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    Today's top business story
    Xero doubles revenue, posts loss

    Accounting systems provider Xero has rewarded investors but it is still reporting losses as it expands offshore.

    >> Read Article 

    Coal mine deal dirty: green groups
    23 May - Green groups are accusing the government of doing a swift deal in allowing an Australian company a new Buller coal mine in exchange for $22m.... more
    Director admits misleading investors
    23 May - Former Dominion Finance director Robert Barry Whale has admitted misleading investors of Dominion Finance, which owed more than $175m when it collapsed.... more
    Comvita buzzing despite tough year
    23 May - Health products maker Comvita's profit is down 10 per cent but has still had good sales despite a tough year.... more
    Rakon plunges deeper into the red
    23 May - Crystal oscillator maker Rakon has lost nearly $33m but says it has plans to reduce debt and grab more market share with new technology.... more
    Kiwi slips as US mulls tapering QE
    23 May - The NZ dollar lost nearly a cent against the US dollar after US Fed chairman Ben Bernanke made noises about tapering off on quantative easing.... more
    Zespri admits scam investigation poor
    23 May - Zespri says it should have more rigorously investigated staff concerns about a dual invoicing scam in China, but it isn't admitting any role in the scam.... more
    NZ shares rise; Ryman resumes climb
    22 May - The nation's biggest building company led the New Zealand share market higher as investors wait for F&P's results.... more
    DNZ raises cash, reports lower earnings
    22 May - DNZ Property Fund is raising $80 million to help pay for new buildings as it continues to reshuffle its portfolio.... more
    Vodafone sheds 7000 customers
    22 May - Vodafone NZ has lost 7000 customers in the first three months of the year, but still has more than 2.3 million mobile customers on its books.... more

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    NZ Summary
    NZX50   4,610 19 points (+0.42%)
    NZ/US   0.816 down 0.06c (-0.07%)
    90 Day   2.67% 0.01% (+0.38%)
    Gold   $1,376 down $17.85 (-1.28%)
    Oil   $95.77 down 43c (-0.45%)

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