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Stocks jump, oil falls as Iran declares Strait of Hormuz open
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General Business

Pioneering drug developer wins top award

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Fiona Rotherham Wed, 07 Aug 2019
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Reserve Bank hasn't ruled out negative interest rates

UPDATED: The official cash rate is now 1.0%, the lowest in New Zealand history.

Nevil Gibson
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General Business

Low natural hazard claims, higher premiums boost insurer’s profits

Suncorp NZ’s profit described as “standout” by Aussie parent.

Fiona Rotherham Wed, 07 Aug 2019
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ASB Bank reports ‘solid’ 8% profit growth

Performance contrasts with Australian parent.

Tim Hunter Wed, 07 Aug 2019
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Rocket Lab to reuse Electron rocket components

Reuse would increase launch frequency and could save money long term.

Andrew Bevin Wed, 07 Aug 2019
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Tilt Renewables faces lawsuit over Aussie power blackout

Tilt says it played by the rules during the 2016 state-wide blackout in South Australia.

Reweti Kohere Wed, 07 Aug 2019
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Fonterra announces Beingmate selldown

Co-op fails to find a buyer for its 18.8% stake.

Wed, 07 Aug 2019
General Business

Global dairy prices resume decline

Update: Westpac again downgrades milk price forecast.

Nevil Gibson
 Wed, 07 Aug 2019
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US stocks recover as China puts floor under yuan

Wall Street’s rebound claws back a third of Monday’s losses.

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