- BusinessDesk home page

By: Businessdesk  05-Apr-2012
Keywords: Stocks, Business News, News Service

BusinessDesk - independent, trustworthy New Zealand business news BusinessDesk is a “white label” high quality business news content service available on wholesale subscription to any media channel – online, print, or broadcast.

We supply New Zealand's largest news organisations non-exclusively with our weekday, wire-style business news service.

BusinessDesk suits any customer seeking constantly refreshed, relevant New Zealand business news content that is reliable, timely, and authoritative. 

The BusinessDesk wire service can be used in various ways, including for distribution through internal communications channels, to customers with whom you are seeking deeper commercial relationships, or to support a news service seeking well-written, affordable business news to round out its service.

Some customers will only use parts of the BusinessDesk wire service.  A transport company might monitor the wire for stories relevant to its people and customers.  A bank might use only the financial services sector material, or send clients stories in areas of interest that they have selected.

The Wellington-based BusinessDesk team of former Bloomberg Asian top editor Jonathan Underhill and Qantas Award-winning journalist and commentator Pattrick Smellie provides a daily news feed for a serious business audience, with the following key elements:·         While You Were Sleeping – everything that matters that happened overnight to affect world financial markets and economy.  Central bank actions, major corporate moves, political events, government announcements and movements in key stock, bond, and minerals indices are sifted and made sense of in one easy package each morning;·         NZ Dollar Outlook – a daily look forward into currency markets, with a focus on the factors influencing the Kiwi dollar.  We believe this is the best daily summary being produced for the NZ market;·         Stocks to Watch – a pre-NZX opening report suggesting stocks likely to be active on the NZX owing to events the day before or overnight;·         Market Close – A daily post-trading report summarizing trading on the NZX,  with some selective coverage of ASX stocks;·         Smellie Sniffs the Breeze – Pattrick Smellie takes a weekly 800 word look at the big economic issues of the day


Keywords: Business News, News Service, Stocks

Other news and updates from Businessdesk


MARKET CLOSE: NZ stocks fall on global economic fears; Goodman Fielder leads decliners, Telecom gain

One again we've had another very good performance from the local market, with local investors preferring not to sell into the negative tone," said Grant Williamson, a director at brokerage Hamilton Hindin Greene. Goodman Fielder, the Australian food ingredient manufacturer which last month reported a 17% decline in underlying full-year profit, fell 4.7% to 81 cents, leading decliners on the exchange.


Millennium Copthorne back in profit in NZ

Despite the Christchurch earthquakes, the 2011 financial year was kinder to hotel operator and property developer Millennium & Copthorne Hotels New Zealand, with the company returning to profit after a disaster in China in 2010. The company says it’s confident it has sufficient business interruption cover for lost business in Christchurch in 2012 and in one case it has quit lease obligations in a confidential settlement with the landlord.