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Jamie Gray

Auckland

Business Reporter at New Zealand Herald

Business Reporter, New Zealand Herald.

Articles

  • 1 week ago | nzherald.co.nz | Jamie Gray

    New Zealand stocks ended strongly, boosted by lower bond yields. Photo / NZME Declining bond yields and significant gains among the bigger companies helped drive the New Zealand sharemarket to a strong finish. The S&P/NZX 50 Index ended 137.58 points or 1.1% higher at 12,481.89, with 77.4 million shares, worth $426.42m trading. There were 75 gainers and 65 decliners on the main board.

  • 1 week ago | nzherald.co.nz | Jamie Gray

    Bond yields in the US and Japan are rising. Photo / NZ HeraldRising international bond yields are spooking equity investors. In Japan, bond yields are on the move after years of very low levels. This week, yields on 30-year Japanese bonds peaked at 3.185% while 40-year notes hit 3.675%. And in the world’s biggest debt market, fears over America’s fiscal position saw United States 10-year Treasuries trade at around 4.5% this week from 4% in early April.

  • 1 week ago | nzherald.co.nz | Jamie Gray

    Ebos distributes medical supplies and equipment in Australia and New Zealand. Photo / Supplied Sybos Holdings, a unit of Zuellig Group, said it had entered into a block trade agreement with a financial institution to underwrite the sale of about 27 million shares (13.2%) in Ebos Group at $35.50 a share. Following the sale Sybos - once a cornerstone shareholder - will have a 4.9% shareholding in Ebos.

  • 1 week ago | nzherald.co.nz | Anne Gibson |Jamie Gray

    Ryman Healthcare made a $436.8 million loss after devaluations rose 532%, hitting its bottom line hard. But total revenue rose 10% from $689.9m to $760.7m after the business continued to sell nearly as many units in the latest year as it did a year previously. In the year to March 31, 2025, the retirement giant’s properties were devalued by $169m, a big jump on 2024’s $39m devaluation. That was what hit its bottom line, partly prompting the $436.8m loss.

  • 1 week ago | nzherald.co.nz | Jamie Gray

    Fonterra has released its farmgate milk price for the 2025/26 season. Photo / SuppliedFonterra has pitched its farmgate milk price forecast for the 2025/26 season in a $8.00-$11.00 per kg of milksolids range, with a $10/kg mid-point, and has lifted its third quarter earnings by 11%. The milk price forecast for the current season, which ends on May 31, is unchanged at $9.70-$10.30, also with a $10/kg mid-point.

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Jamie Gray
Jamie Gray @JamieGrayNZ
5 Apr 23

Is this it for high milk prices? https://t.co/MxiLrWxTU3

Jamie Gray
Jamie Gray @JamieGrayNZ
13 Oct 20

Richard Wyeth to step down from Miraka https://t.co/HLtvO8140U

Jamie Gray
Jamie Gray @JamieGrayNZ
12 Oct 20

Contact Energy up 20c today https://t.co/QwY1v1MP9T