Archives

Prime Minister Jacinda Ardern has affirmed the Labour Government’s promise to build more state homes as the waiting list for them grows to around 22,500 people. A total of 8,000 new homes were promised by Labour during its campaign in the le...

• January 21, 2021 07:48 PM AEDT
• Mark O'Donnell

Expat New Zealander Chris Liddell backed out of the race to head the Organisation for Economic Co-operation and Development (OECD). Lidell, who was a former US President Donald Trump’s nominee, had announced on Tuesday that he was withdrawing h...

• January 21, 2021 07:18 PM AEDT
• Team Kalkine

Summary ARG offers 3,124,262 ordinary shares under dividend investment plan. The issue price will be NZ$1.4921 per security at a discount of 3%. The dividend reinvestment plan to help shareholders as well as ARG. Argosy Property Limited (...

• January 21, 2021 08:38 PM NZDT
• Team Kalkine

On January 21, 2021, NZX 50 ended the session in green as there was a rise of 0.66% to 13,112 and NZX 20 increased by 0.70% to 8,601. On the same day, NZX 10 witnessed a rise of 0.61% to 13,314. Utilties sector rose by 2.67% and industrials sector in...

• January 21, 2021 08:05 PM NZDT
• Team Kalkine

Summary Arvida is optimistic that it can deliver and sell more than 450 retirement units in the next two years. In order to kick off its expansion plans across the ditch, Summerset hopes to begin construction in Victoria, Australia, in late 202...

• January 21, 2021 07:35 PM NZDT
• Mark O'Donnell

It has been reported that cases of the new strain of the COVID-19 virus are increasing. As on 21 January 2021, 17 infected people have been confirmed to be suffering from highly contagious strain of the virus and have been kept in isolation since 6...

• January 21, 2021 03:38 PM AEDT
• Team Kalkine

Hours after taking oath as the President of the United States on Wednesday, Joe Biden announced that the US will rejoin the Paris climate agreement. In one of his first actions in the White House, Biden signed an executive order that will see the U...

• January 21, 2021 03:16 PM AEDT
• Team Kalkine

Summary Doug Bygrave to be the new CFO of T&G Global Limited. Doug has been an old hand in the Company and replaces Bastion Von Streit. Doug is currently the Company Secretary, and Bastion leaves to join BayWa AG, the German partners of T&...

• January 21, 2021 03:55 PM NZDT
• Team Kalkine

Summary Mercury NZ recently announced changes and additions in its executive structure. While a few roles were added and a few dismissed, there are currently 7 executive roles that will report directly to the CEO. The changes made are said to ...

• January 21, 2021 03:35 PM NZDT
• Team Kalkine

Summary The latest Kingfish Newsletter revealed findings for the quarter from 1st of October to 31st of December 2020. It was revealed that Kingfish grew by 28% for the calendar year 2020, besides, it rose 13% above NZSE50. Kingfish also manag...

• January 21, 2021 02:47 PM NZDT
• Kunal Sawhney

Contact Energy Limited (NZX:CEN, ASX:CEN) , the 2nd largest energy company in NZ, has been resilient through the coronavirus lockdown. The second half of FY20 has been in line with expectations despite COVID-19 impact, after a challenging first half ...

• January 21, 2021 12:39 PM AEDT
• Team Kalkine

Democrat Joe Biden was sworn in as the 46th President of the United States on Wednesday, taking over reins from outgoing President Donald Trump. Biden, 78, is the oldest president in US history. Earlier, Biden had served as Vice President under for...

• January 21, 2021 11:53 AM AEDT
• Kunal Sawhney

Wellington-based Ascension Capital Ltd (NZX: ACE) is an investment holding company, which was called TRS Investments earlier. It has been a loss-making company since 2019. Without adequate working capital, the Company has been in a difficult territor...

• January 21, 2021 12:32 PM NZDT
• Hina Chowdhary

Chinese business magnate Jack Ma finally reappeared in the public eye on Wednesday, January 19, after months of speculation about him missing since slamming the Chinese government back in October. A clip* of Mr Ma delivering a speech at the online...

• January 21, 2021 01:43 AM AEDT
• Team Kalkine