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Telecom Releases Independent XT Review Findings And Recommendations

Telecom Releases Independent XT Review Findings And Recommendations

Telecom New Zealand has today released the key findings and recommendations from Analysys Mason's independent review of the XT mobile network.

BNZ Currency Reports

BNZ Currency Reports

Financial markets went into panic mode last night. As a result, after climbing above 0.7250 yesterday afternoon, the NZD/USD has crashed back to around 0.7100 this morning.

ANZ Morning Currency Briefing

ANZ Morning Currency Briefing

Outlook

CURRENCY: Many will be hoping the NZD juggernaut will finish the week parked in a hanger of some description. For today narrower ranges are likely with downside bias as the concerns of world contagion increase.

Westpac Global Markets Strategy Group: Morning FX Thoughts - NZ Edition

Westpac Global Markets Strategy Group: Morning FX Thoughts - NZ Edition

Turmoil. There was no fresh news of relevance, but risk markets plunged globally on the growing wall of worry that some European nations may default on their debt and imperil the future of the Eurozone.

Recession Slams CEO Pay

CEO pay flat-lined in 2009, according to the latest Moyle Consulting Chief Executive Survey. Slamming a five-year trend for increases of around 5%, the median increase in 2009 was 0%, meaning more than half of the survey respondents had no increase in their base salaries.

Global Markets: An Orderly Selloff Just Got Disorderly

In the last couple of days the market selloff has become more anti-cyclical and more indiscriminate...

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With fiscal concerns in the euro-area periphery centre stage, weakness was chiefly focused on related assets.

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Final Meridian Wind Sculpture Unveiled

Final Meridian Wind Sculpture Unveiled

The fifth and final work in the Meridian Wellington Wind Sculpture series has been formally unveiled at a function at the Meridian office in Wellington.

Gardening Book Recalled

Gardening Book Recalled

Penguin Group (NZ) is recalling a gardening book from sale following allegations that parts of the book have been plagiarised.

New Zealand's Newest Electricity Company Tenders Output

The Nga Awa Purua Joint Venture - the electricity generator that owns the recently commissioned 140MW Nga Awa Purua Geothermal Power Station near Taupo - is tendering up to 10 MW of the station output in the form of baseload Contracts for Difference (CFDs).

South Canterbury Finance Limited Credit Rating Affirmed

South Canterbury Finance Limited Credit Rating Affirmed

South Canterbury Finance Limited announced today that Standard & Poor's has completed a review of the Company's long term debt rating and confirmed the current rating of BB, (Creditwatch Negative).