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South Korean firm named sole bidder for big fighter jet deal

Business New from NZ Herald - 12 min 40 sec ago
SEOUL, South Korea (AP) South Korea chose a state-run aircraft maker on Monday as the sole preferred bidder for a contract to develop a midlevel fighter jet with the help of Lockheed Martin Corp. in the countrys biggest-ever weapons...
Categories: NZ Herald Business

US treasury secretary presses Beijing on technology curbs

Business New from NZ Herald - 42 min 39 sec ago
BEIJING (AP) U.S. Treasury Secretary Jacob Lew said Monday he pressed Chinese leaders over proposed curbs on the use of foreign security products by banks and other restrictions on access to Chinas technology market.The United...
Categories: NZ Herald Business

4 tips to avoid getting fleeced by your broker

Business New from NZ Herald - 1 hour 27 min ago
Can your broker or adviser be trusted? There is no way to be 100 percent certain, but far too many investors dont even take a few simple steps to protect themselves. Start by asking questions. Here are four key ones, and tips for...
Categories: NZ Herald Business

Small investors blame losses on brokers they once trusted

Business New from NZ Herald - 1 hour 27 min ago
NEW YORK (AP) Susan Bernardo trusted her stockbroker. She wound up losing a fortune.Her broker, David Harris, advised her to sell $400,000 worth of relatively safe municipal bonds, she says, and sink the proceeds into real estate...
Categories: NZ Herald Business

Small investors blame losses on brokers they once trusted

Business New from NZ Herald - 1 hour 27 min ago
NEW YORK (AP) Susan Bernardo trusted her stockbroker. She wound up losing a fortune.Her broker, David Harris, advised her to sell $400,000 worth of relatively safe municipal bonds, she says, and sink the proceeds into real estate...
Categories: NZ Herald Business

Parents of disabled child make plea to get back stolen car

Latest news from Channel 9 - 3 hours 7 min ago
The parents of a disabled girl are desperate to get back their stolen car, which they rely on to transport their daughter. The girl's mother made a plea on social media for information or sightings of the car - a maroon and silver Subaru grand wagon. She alleges it was stolen from South Road late Saturday night or early Sunday morning.
Categories: Channel 9

Research and development business spending increasing

Latest news from Channel 9 - 3 hours 11 min ago
Businesses are spending more on research and development, and the trend is expected to continue. Commercial spend on research and development increased by $53m last year. The greatest rise in spending came from the services industry, mostly in relation to computer businesses. Their share of the market has almost doubled.
Categories: Channel 9

Nightly interview: Bokyong Mun

Latest news from Channel 9 - 3 hours 27 min ago
An Otago University student has just returned to Dunedin from the Abel Tasman National Park, where she took part in a conservation campaign. Bokyong Mun spent three days paddling a kayak made of recycled materials around the coastal reserve.
Categories: Channel 9

Late audits halt trading in Morgan Stanley-backed stocks

Business New from NZ Herald - 3 hours 27 min ago
WASHINGTON (AP) Two major companies in a prominent $1.4 billion Asia investment fund managed by New York banking giant Morgan Stanley unexpectedly told securities regulators they will not file their financial statements on time...
Categories: NZ Herald Business

DCC to undertake full review of liquor ban area

Latest news from Channel 9 - 3 hours 29 min ago
A proposal to extend the existing alcohol ban to include a notorious party flat has been abandoned by the Dunedin City Council. Councillors instead want to see a review of the entire liquor ban area. But there's debate about when that should happen, with new liquor laws about to be adopted.
Categories: Channel 9

Oil Free Otago protest in front of National MP Michael Woodhouse's office

Latest news from Channel 9 - 3 hours 33 min ago
Protesters have delivered an anti-government message to the office of local National MP Michael Woodhouse.
Categories: Channel 9

Budding entrepreneurs get boost from business start-up event

Latest news from Channel 9 - 3 hours 36 min ago
Dunedin's budding entrepreneurs are buzzing from their big boost at a business start-up event. Mentoring from established professionals has kick-started several commercial proposals. And event organisers say that's proof of the fact that anyone can start a business.
Categories: Channel 9

60 Year old water pipelines to be replaced in in Pine Hill

Latest news from Channel 9 - 3 hours 39 min ago
The Dunedin City Council is spending over half a million dollars on a pipeline renewal project in Pine Hill. Over the next two months, the 60 year old water pipelines in the area will be replaced. And it's hoped the work will have additional benefits, helping reduce the risk of flooding in the north end.
Categories: Channel 9

South Dunedin residents learn about community safety

Latest news from Channel 9 - 3 hours 42 min ago
Neighbours Day celebrations are providing an opportunity for South Dunedin residents to learn about community safety. People from various emergency and community groups have gathered for a neighbourhood safety expo, to introduce locals to their services.
Categories: Channel 9

Musicians converge on Mosgiel for brass band competition

Latest news from Channel 9 - 3 hours 45 min ago
Musicians from across Otago and Southland have converged on Mosgiel for a brass band competition. Organisers say local bands came out tops in the B and C grade contests, although the skill on display was universally impressive.
Categories: Channel 9

AP PHOTOS: As the Lincoln Continental returns; a look back

Business New from NZ Herald - 4 hours 7 min ago
Ford Motor Co. said Monday that the Lincoln Continental is coming back after a 13-year hiatus. A concept version of the full-size Continental will be shown at the New York auto show this week. The production car goes on sale next...
Categories: NZ Herald Business

Warehouse boss to step down

Business New from NZ Herald - 4 hours 14 min ago
The Warehouse Group boss Mark Powell is to step down from the firms helm and a process has begun to recruit a new chief executive.New Zealands biggest listed retailer said Powell had indicated last year that he did not see himself...
Categories: NZ Herald Business

Lincoln Continental, the car of presidents, is returning

Business New from NZ Herald - 4 hours 22 min ago
DEARBORN, Mich. (AP) Elvis Presley had one; so did Clark Gable. It was even the sedan of presidents. Then the name vanished amid an invasion of newer luxury cars from Europe and Asia.Now, the Lincoln Continental is back.Thirteen...
Categories: NZ Herald Business

Asian stocks mostly higher after Yellen rate rise remarks

Business New from NZ Herald - 5 hours 2 min ago
HONG KONG (AP) Asian stock markets were mostly higher Monday as investors digested Fed chief Janet Yellens comments signaling U.S. interest rates were expected to rise sometime this year but when they did they would do so gradually....
Categories: NZ Herald Business

Mobil wins nearly $1m court costs from Waterfront Auckland

Business New from NZ Herald - 6 hours 37 min ago
Publicly#45;owned Waterfront Auckland must pay Mobil almost $1 million in court costs for its failed attempt to get the oil company to foot the bill for cleaning up a heavily contaminated area of Wynyard Quarter.Mobil Oil leased...
Categories: NZ Herald Business
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