Business

Business stories

Rollercoaster week for investors

Jeremy Crang of Craigs Investment Partners It has been a rollercoaster for markets this week, with indexes across the globe registering declines. The three main indexes in...

New Dunedin chocolate factory step closer

Dunedin Dunedin edged closer to having a new chocolate factory after managing to secure a facility which will house chocolate production, a chocolate factory tour,...

Shock at modern-day NZ slavery numbers: researcher

Wellington An estimated 1000 people are trapped in modern-day slavery in New Zealand and more needs to be done about it, academic Glenn Simmons says. Mr...

Chinese demand fuels record log prices

Wellington New Zealand export log prices have advanced to a new record, driven by continued strong demand from China, lower shipping rates and a favourable...

Michelin takes 25% stake in tyre firms

Wellington French tyre manufacturer Michelin has taken a quarter stake in Hamilton-based wholesaler Tyreline Distributors and retailer Beaurepaires at a time when New Zealand's new...

All positive returns for Kiwisaver funds

Auckland All 146 Kiwisaver products offered by 16 providers generated a positive return for their investors in 2017, a year that delivered strong gains on...

Singapore deal boosts Pacific Edge

Wellington Pacific Edge shares have risen 6.5% after the cancer diagnostics firm signed its first commercial deal to supply its suite of Cxbladder tests in...

NZ ‘out of step’ on double tax

Auckland New Zealand is out of step with its trading partners in fully accepting possible changes to its double tax agreements (DTAs) under an OECD...

Plenty of data in mixed week

Jeremy Flood of Craigs Investment Partners It has been a mixed week for investors, with a heap of data to sort through and plenty to keep...

Synlait sticking to target milk price

Wellington Synlait Milk, the NZX-listed milk processor, says it expects to achieve its forecast milk price payout to farmers so long as commodity prices continue...
The South Today