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New Zealand Herald Business935 articles
30 minutes ago
Australian stocks: Market closes lower on oil's big drop
PERTH - The Australian stock market closed lower on Friday, dragged back by weakness in the resources sector after a big drop in the price for oil. At the 1615 ...
New Zealand Herald Business - 5:02 p.m. Friday 5th December 2008
New Zealand Herald Business - 5:02 p.m. Friday 5th December 2008
David Kirk resigns as Fairfax CEO
SYDNEY - Former All Blacks captain David Kirk has resigned as Fairfax Media chief executive officer, as the company tries to halt a slide in its stock. Based in Australia, ...
New Zealand Herald Business - 10:03 a.m. Friday 5th December 2008
New Zealand Herald Business - 10:03 a.m. Friday 5th December 2008
Banned directors to be barred in Oz
New Zealand company directors banned from running businesses on this side of the Tasman will in future be automatically disqualified in Australia. Australia's Minister for Corporate Law, Senator Nick Sherry, ...
New Zealand Herald Business - 2 a.m. Friday 5th December 2008
New Zealand Herald Business - 2 a.m. Friday 5th December 2008
1 day, 15 hours ago
Airlines' shares leap as merger talks begin
British Airways is in talks about a merger with Qantas Airways of Australia that would create a company with almost US$23 billion ($44 billion) in annual sales and help bring ...
New Zealand Herald Business - 2 a.m. Thursday 4th December 2008
New Zealand Herald Business - 2 a.m. Thursday 4th December 2008
Australian growth grinds to virtual stop
CANBERRA - Australia's economic growth slowed to just 0.1 per cent in the third financial quarter, its slowest pace in eight years, official figures showed. The national accounts data for ...
New Zealand Herald Business - 2 a.m. Thursday 4th December 2008
New Zealand Herald Business - 2 a.m. Thursday 4th December 2008
2 days ago
Aussie stocks start comeback
MELBOURNE - The Australian stock market closed marginally higher as figures showed that economic growth had slowed to a crawl in the September quarter. At the 1615 AEDT close, the ...
New Zealand Herald Business - 5:15 p.m. Wednesday 3rd December 2008
New Zealand Herald Business - 5:15 p.m. Wednesday 3rd December 2008
Aust dollar closes stronger
SYDNEY - The Australian dollar has closed almost one US cent higher after after a positive finish on Wall Street supported investor confidence. The local currency was stronger despite data ...
New Zealand Herald Business - 5:15 p.m. Wednesday 3rd December 2008
New Zealand Herald Business - 5:15 p.m. Wednesday 3rd December 2008
Australian economy barely growing
CANBERRA - The Australian economy barely grew in the three months to September, backing the Reserve Bank's decision to slash interest rates. Economic growth crawled to its slowest pace in ...
New Zealand Herald Business - 12:02 p.m. Wednesday 3rd December 2008
New Zealand Herald Business - 12:02 p.m. Wednesday 3rd December 2008
Australia bank customers starting to reap benefits
Some Australian banks are already passing on to their customers the one per cent reduction in official interest rates announced yesterday by the Reserve Bank of Australia (RBA). However, BankWest ...
New Zealand Herald Business - 9:20 a.m. Wednesday 3rd December 2008
New Zealand Herald Business - 9:20 a.m. Wednesday 3rd December 2008
Why BHP Billiton ditched its bid for Rio Tinto
Marius Kloppers says market volatility ruined the deal. Photo / AP The global financial crisis claimed its biggest Australian scalp last week when BHP Billiton wielded the axe on its ...
New Zealand Herald Business - 1:20 a.m. Wednesday 3rd December 2008
New Zealand Herald Business - 1:20 a.m. Wednesday 3rd December 2008
3 days ago
Australian stocks: Market closes four per cent lower
PERTH - A rate cut by the central bank failed to stem falls on the Australian share market, which closed four per cent lower after taking its cue from weaker ...
New Zealand Herald Business - 5:02 p.m. Tuesday 2nd December 2008
New Zealand Herald Business - 5:02 p.m. Tuesday 2nd December 2008
Currency: Dollar tumbles as RBA slashes rates
The New Zealand dollar dipped only slightly today on the news of the Reserve Bank of Australia (RBA)'s 100 basis points cash rate cut. The RBA cut the cash rate ...
New Zealand Herald Business - 3:02 p.m. Tuesday 2nd December 2008
New Zealand Herald Business - 3:02 p.m. Tuesday 2nd December 2008
Reserve Bank of Australia cuts rates 1 pc to 4.25pc
SYDNEY - Australian central bank has cut its key interest rate by 1 full percentage point to 4.25 per cent to fight the economic slump. The Reserve Bank of New ...
New Zealand Herald Business - 2:13 p.m. Tuesday 2nd December 2008
New Zealand Herald Business - 2:13 p.m. Tuesday 2nd December 2008
Australian stocks: Market follows US down
The Australian sharemarket has opened over three per cent lower today after it was confirmed overnight that the US was in recession. Better news may follow, with the Reserve Bank ...
New Zealand Herald Business - 10:09 a.m. Tuesday 2nd December 2008
New Zealand Herald Business - 10:09 a.m. Tuesday 2nd December 2008
Macquarie Bank 'to cut 10 per cent' of workforce
It was once dubbed the "millionaire factory", but Australian investment bank Macquaries is feeling the pinch of the global recession. Macquarie Bank is preparing to cut as much as 10 ...
New Zealand Herald Business - 8:53 a.m. Tuesday 2nd December 2008
New Zealand Herald Business - 8:53 a.m. Tuesday 2nd December 2008
