NZ dollar edges higher on US-China peace offerings
By Jenny Ruth Sept. 12 (BusinessDesk) - The New Zealand dollar firmed after both the United States and China each offered goodwill gestures ahead of talks aimed at ending the trade war. The kiwi was trading at 64.34 US cents at 5pm in Wellington from 64.15 at 7:50am while t...
Construction industry still awaiting benefits of govt accord
By Jenny Ruth Sept. 12 (BusinessDesk) - Government departments are still trying to foist onerous contracts on building companies, notwithstanding the Construction Industry Accord signed in April, Southbase chief executive Quin Henderson told an industry forum in Wellington....
NZ dollar edges higher amid bond market sell-off
By Jenny Ruth Sept. 11 (BusinessDesk) - The New Zealand dollar firmed as investors hurt by the recent global bond market sell-off sold profitable positions to cover losses elsewhere. The kiwi was trading at 64.30 US cents at 5pm in Wellington from 64.19 cents at 8am. The tr...
Jenny Ruth: COMMENT: Retail shareholder perspective missing in action in capital markets review
By Jenny Ruth Sept. 11 (BusinessDesk) - One glaring omission in the capital markets review committee's report this week is the point of view of retail shareholders which is largely missing in action. Perhaps that was inevitable, given the committee’s make-up: chair Martin S...