China’s industrial profits slump in October as price war deepens
China’s industrial profits dropped in October after a strong September, according to official year-on-year data released on Thursday,…
US retail sales slow as tariffs and costs hit consumer confidence
This rise was driven by a 0.9% jump in goods prices, highlighting the steeper costs that businesses face.…
China’s US Treasury holdings edge up as long-term sell-off continues
China slightly increased its US Treasury holdings in August and September – though the uptick did little to…
Napier Port lifts profit 24%, ups dividend
Revenue rose by 11.6% to $157.7m, led by strong container services volume growth and yield improvements across all…
Sanford profit surges 224% as debt falls and aquaculture lifts earnings
Sanford’s aquaculture businesses – salmon and mussels – exceeded expectations. However, the wildcatch business had fallen short of…
China’s economic growth softens in October as property sector drags investment further down
China’s economic indicators showed fading growth momentum in October, underscoring persistent domestic pressures as investment cooled despite steady…
Mainfreight profit drops 18.5% as higher costs hit first-half
“Much will depend on the response to the moderately positive outlook comments and how they square with what…
Unemployment hits 8-year high, youth rate rises to 15%
The unemployment rate for young people experienced a significant increase over the year, Stats NZ said. The unemployment…
Consumer confidence and lower interest rates driving mortgage activity
“The continued decline in the OCR is beginning to reshape New Zealand’s credit landscape, providing a much-needed boost…
Northlander who assaulted two women named as ex-Kaipara councillor Pera Paniora
“The way women are treated in a public office is despicable – I hate it,” he said. However,…
Unemployment preview: New stats to reveal job market is still weak
“The labour market tends to lag the economic cycle.” Employment and demand for labour looked to be edging…
KiwiSaver turns 18, assets climb $5b to nearly $135b
“We have our first $1 billion default fund, and more on the way,” Bunkall said. KiwiSaver assets on…