The market capitalisation of 31 listed companies with a strong South Island presence rose more than 10% in the quarter to June, to a total of $24.7 billion, underpinned by growth in the five...
Fonterra placed a trading halt on its units on the NZX yesterday as it works through reviewing its earnings guidance.
The Reserve Bank has held the interest-driving official cash rate (OCR) at its record 1.75% low as expected, but for the first time has said it could remain so through to 2020.
Casino operator Sky City Entertainment has posted a hugely improved reported after-tax profit of $169.5million, as its three New Zealand operations delivered higher returns than its two Australian...
US-China trade tensions and foreign exchange rates appear to take a toll on Fonterra's fortnightly global dairy trade auction and prices were virtually unchanged.
Under-fire steel supplier Steel & Tube is seeking recapitalisation of $80.9 million to repay debt and complete its restructuring programme.
The main contractor of Dunedin's $1.4 billion hospital-build is set to be an offshore construction company, but with the proviso of plenty of subcontract work for local and national companies.
The land beneath about 22,500ha of Otago forestry blocks has been sold to a specialist Australian forestry investment fund, for an undisclosed price, and the fund has also bought a 38% stake in...
Otago residential housing consents eased in June, with the overall value flat at $73million, while nationally consenting was up 9.1% against last year.
Housing value growth rates around 10% across Dunedin, Central Otago and Queenstown remains about double the national annual average, as much of the rest of the country is in single-digit growth.
Airport and utilities software provider Gentrack is on track to raise $90 million new capital, which will be used to pay off debt following a string of offshore acquisitions.
NZ Oil & Gas' (NZOG) southern prospects are still on the table, but actual test drilling by the explorer is being done elsewhere.
Dunedin cancer diagnostic company Pacific Edge's cash reserves have been boosted to the tune of $2.6million, after a private US med-tech fund purchased a 1.75% stake.
Public notification is about to get under way for Oceana Gold’s proposed underground mine development at its Waihi site in the Coromandel, and will invite public submissions.
Dunedin oral probiotic company Blis Technologies’ annual meeting was marred by controversy yesterday, when a former chief executive of 10 years successfully sought election to the board, which did...
Oceana Gold has reported increased revenue and profit in half-year trading, at the same time building its cash reserves and cutting debt.
A 33,000SQ KM swathe of Otago and Northern Southland has been reopened to mining prospectors, raising the ire of conservationists.
Trantasman dental network operator Abano Healthcare has posted record full year revenue as it continues its acquisition programme with pace, its acquisition spending up 50% on the previous year.
New Zealand's annual trade deficit has topped $4 billion for the first time in nine years, a weakening in dairy export values unexpectedly widening the gap.
Retailer Smiths City has upped the pay rates of about half its 541 staff to ''at least'' the living wage.