Wool boom: Scourers sees strongest prices in decade
Other wool category prices are also up by over $1 per kg compared to this time last year.…
Thailand’s SCG eyes 10% cut to capital spending as Chinese exports hurt profits
Materials Country’s leading chemical supplier ‘sailing through a big storm,’ CEO says SCG’s profit plunged in 2024, hurt by…
Are recent mortgage rate increases justified? Banks accused of putting profits ahead of NZ’s economic recovery
The banks’ moves came as swap rates, which influence longer-term mortgage rates, spiked in the fortnight following the…
Hawke’s Bay apple grower stops US shipments as tariffs bite into profits
Hawke’s Bay is the largest producer, contributing 64% of New Zealand’s total apple volumes. “Fruit we shipped to…
Private markets to account for more than half of global asset management industry revenues by 2030 – with global AuM to hit $200 trillion: PwC 2025 Global Asset & Wealth Management Report
Global assets under management to hit US $200 trillion by 2030
Under baseline projections, PwC research estimates global…
Corporate Japan beats odds to clinch record profits, helped by AI boom – Nikkei Asia
Corporate Japan beats odds to clinch record profits, helped by AI boom Nikkei AsiaJapanese chip sector’s earnings show AI…
Rockit Global chief says supply surge hit profits, recovery plan under way
“New Zealand Apples and Pears recognises the ongoing challenges for Rockit Global, but we do not believe this…
Tesla profit falls 37% to $2.4 billion on higher costs, tariffs
Tesla has reported a hefty drop in profits, citing a drag from tariffs and other expenses that more…
Briscoe Group flags cautious full-year forecast despite resilient sales
Online sales rose over the period, lifting to 19.36% of the mix of total group sales. Briscoe Group…
Geoffrey Hinton says AI will cause massive unemployment and send profits soaring
Pioneering computer scientist Geoffrey Hinton, whose work has earned him a Nobel Prize and the moniker “godfather of…