Browsing Tag
New Zealand
121 posts
Pacific nations split over China missile test as New Zealand pushes joint response in Suva
Pacific Island foreign ministers are debating whether to issue a collective response to China’s submarine-launched ballistic missile test, exposing divisions over Beijing’s growing military presence and the region’s promise to remain an “Ocean of Peace.”
Steadfast Group (ASX: SDF) rises as A$6 bid reaches August test
Steadfast trades 14% below its A$6 proposal. A binding deal or August 26 earnings will decide whether the ASX: SDF gap can close.
Michael Hill International (ASX: MHJ) expects FY26 EBIT to jump up to 57% as same-store sales rise
Michael Hill International has delivered sales growth across Australia, Canada and New Zealand while lifting expected FY26 comparable EBIT by at least 44%. The stronger profit outlook suggests that portfolio simplification and tighter retail execution are gaining traction, although the full-year margin, dividend decision and second-half earnings profile remain important tests.
Supply Network (ASX: SNL) lifts FY2026 profit 19% to A$47.7m as final dividend rises to 44c
Supply Network exceeded its annual revenue growth target and lifted profit faster than sales, but its premium ASX valuation makes continued market-share gains the next test.
Monvia lists on ASX as MNV at A$103.5m valuation as investors test profitable insurance SaaS growth
Monvia Limited enters the Australian Securities Exchange with cash-positive operations and 121% net revenue retention, but its near-flat FY26 revenue forecast makes post-listing expansion the decisive test.
China submarine missile test alarms Pacific as Australia, New Zealand and Japan object
China described the July 6 submarine-launched missile test as routine military training, but Pacific governments said limited notice and Beijing’s rapid military expansion created a fresh regional security concern.
Australia and Fiji sign mutual defence alliance as Pacific security competition intensifies
The Ocean of Peace Alliance creates a mutual defence commitment between Australia and Fiji, while the separate Vuvale Union expands cooperation across security, development, policing and economic resilience.
Tourism Holdings weighs competing bids worth up to NZ$753m as THL due diligence expands
Tourism Holdings has moved deeper into a competitive takeover process, with two potential buyers now examining whether the global recreational vehicle business can support a binding acquisition proposal.
FIFA World Cup 2026: Leandro Trossard double helps Belgium crush New Zealand 5-1 and win Group G
Leandro Trossard scored twice as Belgium beat New Zealand 5-1, won FIFA World Cup 2026 Group G and advanced to the Round of 32.
AST SpaceMobile (NASDAQ: ASTS) BlueBird launch success resets path to 45 by year-end
AST SpaceMobile (NASDAQ: ASTS) just nailed BlueBird 8-10 on Falcon 9 after the April failure. The real test is hitting 45 satellites by year-end.