As soon as the stock market in New Zealand saw the trading session kicking off on Tuesday, the market was on a marginal high with names like Pike River Coal effectively adding to the gains that it was able to register in the Monday trade.
As per the confirmation of the Auditor-General Lyn Provost, she will carry out a performance appraisal of the government’s first Retail Deposit Guarantee Scheme that ends tonight having paid out practically $1.9 billion to shareholders.
The Superannuation fund of New Zealand that is making a bet of 80 percent of its $16.2 billion of reserves on a ricochet in worldwide economic development has protected its performance subsequent to the undershooting its standards.
Under a major movement in the market, Telecom has now decided to reprice its bid for the ultra-fast broadband initiative.
The company is clearly expecting to hear that it will be chosen as the partner for the $1.8 billion government sponsored-project in the coming few weeks.
The Investment Company in the New Zealand economy, Hellaby Holdings Ltd has recently said that the company will be redeeming notes worth $50 million which are due to mature in early June 2011.
The company has also said that the redemption is permitted under the trust deed of the company.
Weddings are surely one of the occasions where the two parties spend wholeheartedly. However, a latest survey has revealed that the people in New Zealand have actually been spending a lot more with a motive to attend their friends' marriages.
Good News USA
- Vodafone NZ’s new ‘Red Home’ packages will offer UFB and 150 TV channels
- Vodafone NZ’s full-year profit plunged by more than two-thirds to $56 million
- Vodafone adding 34 European countries to ‘AU$5 per day’ international roaming option
- Telstra launches its new ‘Every Day Connect Data Share Packages’
- Voyager signs “multimillion-dollar deal” with submarine cable group Hawaiki