Dene Mackenzie

TrustPower withstands diverse market conditions, profit up 13%

Trustpower had again shown its business model could handle anything the wholesale market could throw at it, Forsyth Barr broker Peter Young said yesterday.

Social networks turn Geo Cities into ghost town

Regular readers of this column will know the writer has a soft spot for Yahoo!.

World waits for interest rate verdict

 World waits for interest rate verdict

Global sharemarkets are likely to remain volatile this week as Wall Street braces for a Federal Reserve interest rate decision and crucial labour market data.

TelstraClear expands network

TelstraClear expands network

Two Dunedin exchanges are part of a multimillion-dollar technology spend-up by TelstraClear aimed at connecting thousands of customers to its own network before the Government's fibre roll-out.

OceanaGold on track for record production

OceanaGold on track for record production

OceanaGold says it is on track to report record full-year gold production and sales for the year ended December.

Dunedin businessmen join board of SCF

Dunedin businessmen join board of SCF

The appointment of three independent directors to the board of South Canterbury Finance, including two from Dunedin, will be well received in the market. Business Editor Dene Mackenzie reports.

Plan to list new Hubbard company

Plan to list new Hubbard company

A new company incorporating three major assets controlled by South Canterbury businessman Allan Hubbard is likely to be listed on the New Zealand Stock Exchange early next year.

NZ market holds up best

The New Zealand sharemarket fared the best of global indices yesterday as new home sales data in the United States heightened worries about a worldwide economic recovery.

Te Runanga o Ngai Tahuannounces $13.3 million profit

Te Runanga o Ngai Tahu says it is well positioned, despite a volatile operating climate, after announcing a net profit of $13.3 million for its commercial operations for the year ended June.

Markets urged to be cautious on interest rates

Reserve Bank governor Alan Bollard yesterday issued a warning to financial markets, telling them not to be too hasty in adjusting interest rates.