Finance
23 May 2013 23:33
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
    The NZ benchmark NZX50 index ended today down -0.46% percent (-21.59 points), to close at 4,589. More >>
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    The NZ dollar moved down against the US Dollar overnight, 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
    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
    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
    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   4,589 22 points (-0.47%)
    NZ/US   0.807 down 0.92c (-1.13%)
    90 Day   2.67% - (-)
    Gold   $1,369 down $6.77 (-0.49%)
    Oil   $94.21 down $1.56 (-1.63%)

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