Fletcher Building, a prominent construction and building materials company based in New Zealand, has released a disappointing quarterly trading update, highlighting significant challenges within its operations....
Fletcher Building has released a challenging quarterly update, highlighting significant trading slumps and low sales volumes. The company is now focusing on implementing an additional $100...
Synlait, the New Zealand-based infant formula manufacturer, has confirmed the sale of its factory in Pokeno to the American company Abbott for $307 million. This decision...
The recent release of New Zealand’s Gross Domestic Product (GDP) data revealed a decline of 0.9 percent in the June quarter, a drop that surprised both...
New Zealand’s economic challenges persist as fresh data reveals ongoing contraction. According to the latest figures from Stats NZ, the economy continued to shrink in the...
The chair of the US Federal Reserve, Jerome Powell, has suggested that the central bank may consider rate cuts in the near future. This statement comes...
The S&P/NZX 50 index fell by 0.32% to close at 12,928.68 points on Tuesday, reflecting a challenging day for the local stock market. Despite a notable...
The S&P/NZX 50 experienced a decline of 0.32% on Tuesday, closing at 12,928.68 points. This drop occurred despite notable gains in dairy stocks, indicating a mixed...
Recent data indicates a potential shift in New Zealand’s economic landscape. The Consumer Price Index (CPI) for the June quarter recorded an unexpected decline to 2.7%....
