Mercury NZ profit rebounds to $321m, dividend lifted
For the current year, Mercury issued ebitdaf guidance of $1075m, and a dividend forecast of 29c. Mercury said…
Business confidence rebounds as firms hope for lower inflation
“The general theme of this month’s data is more optimism, with both business confidence and expected own activity…
NZ sharemarket jumps over 1.2% – Market close
“It was a more stable night in the US, and the Nikkei and Kospi indices had better days…
Business confidence in China rebounds: EU Chamber of Commerce survey
Business trends Country’s resilience to global volatility helps boost outlook from record lows Employees work at an assembly…
NZ sharemarket rebounds, up 1.6% – Market close
Greg Smith, investment specialist with Generate, said markets had been showing some fatigue over the Middle East conflict,…
House-building rebounds, consents up 12% annually, seventh month of recovery
Stats NZ data today showed 15,972 houses consented in Auckland, up 16% annually. Precint Properties’ CEO Scott Pritchard…
Millions spent in Rotorua hotel refurbishments as occupancy reaches pre-Covid levels
Millennium Hotel Rotorua announced last week it had completed its two-year, “multimillion-dollar” refurbishment. All 228 rooms and suites,…
NZ sharemarket rebounds with 1.6% gain – Market close
‘No foregone conclusion’ “The bank acknowledged positive signs in the economy and the slightly higher inflation, but indicated…
NZ sharemarket rebounds, up 0.5% – Market close
Lister said he was still positive about the outlook for the New Zealand market, but it won’t be…
Consumer confidence rebounds in September but GDP data weighs on outlook
“The data preceding the GDP release averaged 96, while the responses that came in afterwards averaged just 77,”…