
NZ stocks: Telecom shares slump to new low
Telecom shares sank to new a low on the NZ sharemarket today, while rises in Fletcher Building, Contact Energy and other leaders helped carry the market higher.
Telecom shares sank to new a low on the NZ sharemarket today, while rises in Fletcher Building, Contact Energy and other leaders helped carry the market higher.
Twelve people will face drugs charges after heavily armed police raided Tauranga properties over the past four days.
A couple in a vintage Model T Ford fell backwards off a three-storey-high cliff as fellow car club members watched in horror.
Relaxed coastal suburb attracts a range of residents.
Civil Defence authorities have downgraded the tsunami warning for New Zealand. However, New Zealand authorities are warning that there could be surges for up to 24 hours.
New Zealand east coastal areas aren't out of the woods yet, with Civil Defence authorities and scientists electing keep the tsunami warning in place.
The first wave has reached the Chatham Islands, after a massive 8.8 magnitude earthquake hit Chile overnight. An official tsunami alert remains in place for New Zealand's entire east coast.
Port of Tauranga, New Zealand's biggest export port, has posted a 2 per cent gain in first-half profit by reining in costs as freight volumes fell, eroding revenue.