Stories by Pattrick - Page 2
While you were sleeping: Middle East concern lifts oil
Fri, 27th Mar 2015
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wall street
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dubai
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industrial
Oil rose while stocks fluctuated after Saudi Arabia and its Arab Gulf allies began air strikes on Yemen, bolstering concern about disruption of supply.
While you were sleeping: US durable goods orders drop
Thu, 26th Mar 2015
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wall street
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stock market
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economy
Stocks on Wall Street and in Europe slid after an unexpected drop in US durable goods orders bolstered concern about the strong greenback and its impa.
NZ dollar rises to 2-month high vs. pound after report shows no British inflation
Wed, 25th Mar 2015
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new zealand dollar
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inflation
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forex
The New Zealand dollar rose to a two-month high against the pound after a report showed Britain had no inflation last month, stoking speculation the B.
While you were sleeping: Data bolsters rate case
Wed, 25th Mar 2015
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google
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cisco
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cfo
Wall Street moved lower as an unexpected gain in new home sales as well as solid data on inflation and manufacturing bolstered the case for the Federa.
Kathmandu slows pace of store openings after first-half loss
Tue, 24th Mar 2015
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tax
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shares
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sales
Kathmandu Holdings, which operates 157 outdoor clothing and equipment outlets, is pulling back the pace of new store openings after aggressive price d.
While you were sleeping: Mixed markets, weak dollar
Tue, 24th Mar 2015
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wall street
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us federal reserve
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industrial
Wall Street mostly moved higher, as the US dollar fell, amid expectations the Federal Reserve will lift interest rates more gradually than initially t.
Auckland Airport international passenger numbers rise 5.4% in February, on jump in Chinese
Mon, 23rd Mar 2015
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shares
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auckland airport
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stock market
Auckland International Airport said international passenger numbers through New Zealand's busiest gateway rose 5.
World Week Ahead: Equities to extend rally
Mon, 23rd Mar 2015
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us federal reserve
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analyst report
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industrial
A flurry of US economic data including on housing, manufacturing, inflation and GDP will determine the timing of a Fed Reserve interest rate increase.
NZ migration hits new record in February year
Fri, 20th Mar 2015
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statistics nz
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banking
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retail
New Zealand's migration hit a new record in the year through February, driven by more arrivals and fewer departures.
While you were sleeping: US dollar rebounds
Fri, 20th Mar 2015
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apple
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wall street
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commerce department
US dollar stages recovery post-Fed update, but analysts question its longevity amid mixed economic signals and wavering investor confidence.
MARKET CLOSE: NZ shares rise, led by Skellerup, Meridian
Thu, 19th Mar 2015
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meridian energy
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skellerup
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industrial
New Zealand shares gained as Skellerup Holdings rose 3.7% and Meridian Energy advanced 2.5%, amid revived investor interest due to globally low interest rates.
Tourism Holdings acquires 49% stake in UK's Just Go motorhome business
Thu, 19th Mar 2015
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tourism holdings
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just go
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founders
Tourism Holdings, the largest campervan rental business in Australia and New Zealand, said it acquired 49 percent of UK-based Just Go.
International Monetary Fund says LVR limits work in boom times, not busts
Thu, 19th Mar 2015
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international monetary fund
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financial institutions
Restrictions on low-deposit home loans appear to have more effect in times of boom rather than bust, according to an International Monetary Fund work.
NZ economy grows 0.8% in fourth quarter, on tourist spending, heated housing market
Thu, 19th Mar 2015
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inflation
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tourism
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economy
The New Zealand economy expanded in the fourth quarter as tourists drove growth in retailing and accommodation, and property sales increased demand fo.
NZ dollar jumps against greenback after cautious Fed statement
Thu, 19th Mar 2015
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bnz
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new zealand dollar
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inflation
The New Zealand dollar jumped more than one US cent after the Federal Reserve was more cautious than expected about a revival in the US economy and th.
While you were sleeping: Wall Street rallies on Fed
Thu, 19th Mar 2015
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wall street
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us federal reserve
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industrial
Wall Street gained, erasing earlier losses, after US Federal Reserve policy makers flagged that they expect interest rates to rise at a slower pace wh.
While you were sleeping: Wall Street falls as Fed gathers
Wed, 18th Mar 2015
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wall street
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us federal reserve
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nasdaq
Wall Street fell as US Federal Reserve policy makers began a two-day meeting that will offer fresh clues about the timing of an increase in interest r.
While you were sleeping: Weak data quell rate rise fear
Tue, 17th Mar 2015
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wall street
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stock market
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nasdaq
Wall Street advanced as weaker-than-expected data on US manufacturing and the housing industry bolstered hopes the Federal Reserve might affirm that i.
World Week Ahead: Will the Fed remain patient?
Mon, 16th Mar 2015
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us federal reserve
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banking
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industrial
The key focus in the coming days will be how the US Federal Reserve tweaks its monetary policy position, and what that means for the timing of an inte.
Windflow narrows 1H loss, says new financing needed
Fri, 13th Mar 2015
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licensing
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sales
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windflow technology
Windflow Technology, the unprofitable wind turbine manufacturer, narrowed its first-half loss but says it will need to borrow from its shareholders an.