Recent Posts

World Week Ahead Eyes on earnings

After December’s surprisingly weak jobs data took some of the shine off the US economic recovery, investors will be analysing this week’s wave of corporate results for reassurance that better days lie ahead. JPMorgan Chase, Bank of America, Wells Fargo, Goldman Sachs, General Electric, Intel and UnitedHealth are among companies reporting quarterly results this week. “The market increasingly will be …

Read More »

MARKET CLOSE NZ shares gain as investors favour growth stocks in reviving economy

New Zealand shares rose as investors turned to equities in search of growth on optimism local companies will benefit from a reviving economy. The NZX 50 Index gained 49.517 points, or 1 percent, to 4,864.391. Within the index, 33 stocks rose, 10 fell and seven were unchanged. Turnover was $109 million. “Investors are purely chasing growth,” said Grant Williamson, a …

Read More »

Fiji Airways looks to latch on to New Zealand recovery in growth plans

Fiji Airways, the Pacific nation’s national airline, wants to latch on to New Zealand’s accelerating economy as part of a push to more than double operating earnings over the next five years. The Nadi, Fiji-based company plans to add four new planes, lifting capacity by 35 percent and expand its workforce by 29 percent in the next five years as …

Read More »