Finance
24 May 2013 17:34
Personal Finance
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    24 May 2013 
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    NZX50 - last 4 weeks The NZ sharemarket
    As at 15:00 today the NZ benchmark NZX50 index of New Zealand's biggest listed companies was down 47 points at 4,541. More >>
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    The NZ dollar moved down against the US Dollar yesterday, ending the day in New York at US 80.72c and 53.64 UK pence.  More >>
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    Today's top business story
    Ex-Greymouth boss must sell stake

    Former Greymouth Petroleum chief operating officer John Sturgess must sell his stake in the company following a High Court ruling.

    >> Read Article 

    Trade surplus smaller than expected
    24 May - New Zealand's $157 million trade surplus in April was a third less than forecast by economists, with a 46 per cent jump in petroleum imports.... more
    Kiwi fails to dip below US80c barrier
    24 May - US Federal Reserve chairman Ben Bernanke's comments on quantitative easing have failed to send the NZ dollar under the US80c barrier.... more
    Xero doubles revenue, posts loss
    23 May - Accounting systems provider Xero has rewarded investors but it is still reporting losses as it expands offshore.... more
    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
    Dominion Finance chief executive jailed
    23 May - Four related party loans which he didn't personally profit from have led to Dominion Finance chief executive Paul Cropp being jailed on theft charges.... 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

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    NZ Summary
    NZX50   4,589 22 points (-0.47%)
    NZ/US   0.807 down 0.92c (-1.13%)
    90 Day   2.67% - (-)
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    Oil   $94.21 down $1.56 (-1.63%)

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