Genesis Energy has reported a strong first half result, despite last winter’s dry conditions and industry-wide gas shortages. The power generator and retailer said its earnings before interest, tax, ...
Fonterra Co-operative Group is more optimistic about its full-year earnings and has lifted its forecast milk collection.The ...
The decision comes after a takeover offer from CDL Hotels Holdings New Zealand, which included a condition restricting Millennium & Copthorne from declaring or paying a dividend during the period from ...
NZ$44.6m (up 9.4% from 1H 2024). Profit margin: 6.7% (up from 6.6% in 1H 2024). The increase in margin was driven by higher revenue. Looking ahead, revenue is forecast to grow 4.7% p.a. on average ...
Australian share futures are pointing to a modest opening advance with results pending from QBE and Guzman y Gomez. Walmart sinks 6pc. Follow live.
The Federal Reserve wants to see "further progress on inflation" before deciding to cut interest rates again, according to the minutes from a two-day meeting of its rate-setting committee that ended ...
New Zealand’s NZX-50 closed 1.2% lower at 12880.36, dragged to its largest one-day fall in more than two weeks from broad-based weakness.
- JGBs quiet today vs recent sessions (<1bp moves in yields; Weaker Japan MOF liquidity enhancement auction saw 2-yr JGB rise ...
The RBNZ forecasts further cuts will be delivered this year, but in smaller moves, not the blockbuster 50-basis-point cuts ...
We expect ANZ Bank to grow group loans at 4% per year, similar to our expectation for the banking system as ANZ Bank regains momentum in the home loan market. Net interest margins average around 1.7%.
For the commercial property sector, the rate cut is more a marker of a fundamental shift to a stable, even cheaper, cost of ...
Reserve Bank of New Zealand Governor Adrian Orr said on Thursday that New Zealand was now in an environment of low and stable inflation but warned the volatile international landscape could impact New ...
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