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NTT Com To Launch Data Center & E-vlan Pop In Shanghai

NTT Com To Launch Data Center & E-vlan Pop In Shanghai

NTT Communications Corporation (NTT Com) announced on January 28 that it has agreed with China Telecom Shanghai, a subsidiary of China Telecom Group, one of the nation's biggest fixed and mobile phone operators, to launch the Yuanqu Data Center in Shanghai on February 2.

Fonterra Revised Payout, 'Tough But Manageable For Farm Businesses'

Fonterra Revised Payout, 'Tough But Manageable For Farm Businesses'

28 January 2009 - "The detail behind the latest revised forecast payout figure of $5.10 per kilogram of milksolids (kgMS), for the 2008/09 season, means it will be tough but manageable for well run farm businesses," says Lachlan McKenzie, Federated Farmers Dairy chairman.

Tomorrow's Interest Rate Cut Welcomed But Sadly Its Impact Will Be Weakened

Tomorrow's Interest Rate Cut Welcomed But Sadly Its Impact Will Be Weakened

28 January 2009 - An Auckland business group says any slashing to the Official Cash Rate by the Reserve Bank tomorrow will be hugely welcomed but sadly a lot of potential benefit will be largely cancelled out due to rising costs.

Fonterra Shareholders' Council Disappointed By Forecast Payout Drop

Fonterra Shareholders' Council Disappointed By Forecast Payout Drop

28 January 2009 - The Fonterra Shareholders' Council says it is disappointed by the magnitude of the drop in Fonterra's forecast payout for the season.

Fonterra Revises Payout Forecast For 2008/09 Season

Fonterra Revises Payout Forecast For 2008/09 Season

29 January 2009 - Fonterra Co-operative Group has announced a revised forecast payout for the 2008/09 season of $5.10 per kilogram of milksolids. This is a 90 cent reduction in the previous forecast of $6.00 per kgMS in November 2008.

Productive Economy Council Supports Capital Gains Tax

Productive Economy Council Supports Capital Gains Tax

27 JANUARY 2009 - The Productive Economy Council (PEC) has today come out in support of the New Zealand Manufacturers and Exporters Association (NZMEA) comments on Capital Gains Tax.

Air New Zealand Disappointed With ACCC Decision

Air New Zealand Disappointed With ACCC Decision

27 January 2009 - Air New Zealand has received with disappointment the decision from the ACCC announced today, declining approval of an arrangement with Air Canada.

AMP Capital: 'Sit Tight In Balanced Funds' Despite Gruelling Times

AMP Capital: 'Sit Tight In Balanced Funds' Despite Gruelling Times

27 January 2009 - Cash may have outperformed recently, but investors should sit tight in their balanced funds, said Jason Wong, Head of Investment Strategy for AMP Capital Investors.

Television Advertising Holds Up Well Despite Recession

Television Advertising Holds Up Well Despite Recession

27 January 2009 - Total television revenue for 2008 held up well at $647.2 million, a slight drop from the $654.4 million achieved in 2007. The drop of $7.2 million (1.1%) was not unexpected given the current worldwide economic climate.

Conservative Approach Holding Firm In Uncertain Times

Conservative Approach Holding Firm In Uncertain Times

Term deposits and bank savings continue to hold top spots as best investments Rental properties hold strong as third most favoured position KiwiSaver confidence increases this quarter by 2%