New Zealand Shares Decline as Central Bank Maintains Restrictive Policy; Fletcher Building to Sell 50% of Fiji Business

New Zealand shares declined on Wednesday's close following recent comments from the Reserve Bank of New Zealand's chief economist, Paul Conway, on the need to maintain a restrictive monetary policy st

MT NewswiresJun 19 01:51 ET

Fletcher Building Agrees to Sell 50% of Fiji Construction Business for NZ$20 Million

Fletcher Building (NZE:FBU, ASX:FBU) agreed to sell 50% of its Fiji construction business to Fiji National Provident Fund and Fijian Holdings for about NZ$20 million in cash, according to Wednesday fi

MT NewswiresJun 18 19:44 ET

New Zealand Shares Close the Week Flat; Steel & Tube Forecasts NZ$14 Million to NZ$15 Million EBIT in Fiscal 2024

New Zealand shares were flat on Friday's close as the market weighed in on manufacturing and inflation reports released within the day. The S&P/NZX 50 Index was little changed to close at 11,864.89. T

MT NewswiresJun 14 01:44 ET

Fletcher Building Says Talks Ongoing Over Leaky Pipes in Perth Homes

Fletcher Building (ASX:FBU, NZE:FBU) said talks are ongoing to finalize an industry response to leaky pipes affecting homes in Perth, according to Thursday filings with the Australian and New Zealand

MT NewswiresJun 13 19:32 ET

Should You Buy the 3 Highest-yielding Dividend Shares in the ASX 200?

Buying high-yield ASX dividend shares is always a risky business. Get the call right, and you can potentially lock in a lucrative stream of passive dividend income for years into the future.

The Motley FoolJun 6 00:49 ET

Moody's Lowers Fletcher Building, Medium-term Notes From Baa2 Stable to Baa3 Negative

Moody's has lowered Fletcher Building (ASX:FBU, NZE:FBU) and its medium-term note program's credit ratings from Baa2 (Stable) to Baa3 (negative), according to a Wednesday Australian bourse filing. The

MT NewswiresJun 4 22:21 ET