Stock Takes: Market doldrums, big payday for UBS, banks to report
A struggling sharemarket is pricing in NZ interest rates staying higher for longer.
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Latest from Energy
‘No fad’: The nitty-gritty of how Genesis is using gen AI
"It's not a fad." Getting to grips with generative AI, day-to-day.
Genesis' $104m solar project will power 13,000 homes
Genesis Energy marks start of $104m solar power project.
Genesis boss warns NZ's gas production is falling quickly but demand not
Genesis Energy says gas production is falling at a faster rate than forecasts.
Mercury avoids $1.5m in fines after ‘steam hammer’ event
Mercury has committed to improving worker safety after an incident at Rotokawa.
NZ gas supply: 'Alarms are ringing' as reserves expected to run out within 10 years
Experts say NZ needs gas to help bridge its move to renewable energy.
Power company, F&P Healthcare upgrade earnings forecasts
Manawa says some milestones have been achieved; F&P Healthcare also upbeat.
Home-building construction crunch: Who has failed lately and why
A 12-point list of the many builder failures lately.
The 302 million litre challenge: Why Air NZ must hunt overseas for sustainable aviation fuel
Lack of supply of green fuel here forces airline to look offshore.
Government exploring ‘corporate welfare’ for oil and gas
National and Act supportive of giving oil and gas companies certainty in their future.
Offshore wind projects can withstand inflation - CIP
NZ Super Fund's partner CIP remains bullish on offshore wind power prospects.
Market close: Slow and steady decline the flavour of the month
A mixed-bag earnings season did little to help the NZX fire up.
Market close: NZ stocks end firm after RBNZ rate call
NZ stocks ended on a firm note after RBNZ kept rates on hold.
Meridian set to hike power prices by 6 per cent
Meridian will lift its power prices due to increased costs.
Meridian ups profit and dividend
The power generator and retailer has raised its first half profit and dividend.
Rio Tinto, Meridian do a power deal for winter
Tiwai Point's owners have signed a deal to release more to the grid in peak times.
Property Insider: Contentious retirement village survey, who wants $500k+ from failed builder
More than 300 NZ retirement villages and 71 operators ranked according to best practice.
'Let us stay': Wellington restaurant vs NZX-listed landlord in $8.9m court claim
Fight over Italian-style restaurant's battle to remain in leased capital premises.
Genesis' first-half profit slides, but no price hikes planned
Lower rainfall and a major outage helped drive Genesis Energy's profit down sharply.
Wobbles for Air New Zealand and Qantas, good times for Auckland’s port and airport
It's often not sunny when company results are announced, but a few big firms defied gloom.
Genesis first-half profit zapped after Huntly outage
Lower hydro inflows and gas turbine wobbles impact Genesis Energy.
Higher power bills coming: Mercury increases prices, first-half profit falls
Mercury has warned of higher prices as it faces higher costs.
Company results: Contact's profit increases, Freightways’ earnings slump
Contact expects a more generous electricity deal to be finalised with Tiwai Point.
After the rains: A return to normal for power company profits
The power sector is likely to report slightly reduced earnings for the December half year.
Mercury leads NZ sharemarket up as Aucklanders take a break
Trading was quiet as Aucklanders relaxed on their anniversary holiday.
Govt-owned Genesis, Saudis and Canadians build $104m solar farm
Canterbury is first, Northland is likely to be next.
Can ‘water batteries’ solve the energy storage conundrum?
Financial Times: Plant aims to show pumping water up mountain can work in energy system.
Market close: New Zealand shares bounce back with Summerset leading the way
The retirement village operator dragged up other parts of the market in a broad rally.
Market close: Shares dip as interest rate cut question weighs on investors
Transport stocks were also under pressure after Maersk said it’s avoiding the Red Sea.
Biggest foreign investment deals of 2023
Which countries are most active, what sectors are they buying in and what prices are paid?
Market close: NZ sharemarket ends roller coaster year
The 'damp end' to the year is not just outside, but in the sharemarket too.
Brokers Picks: Wipeout - local stock picking hard going in a year of high interest rates
It was a tough year for local stock pickers as the NZX50 struggled to stay above water.