NZ dollar stalled; Hong Kong latest focus of China worries
By Jenny Ruth Aug. 13 (BusinessDesk) - The New Zealand dollar was little changed as investors eyed the unrest in Hong Kong amid speculation as to what China may do next after calling anti-government protests the first signs of “terrorism.” The kiwi was trading at 64.45 US c...
UPDATE: NZX forecasts profit rise as growth initiatives pay off
(Updates with company comment from 5th paragraph, reorganises throughout)By Jenny RuthAug. 13 (BusinessDesk) - Stock exchange operator NZX’s first-half net profit jumped 46 percent but only because losses from since sold businesses dragged down the previous first-half result, alt...
NZ dollar takes breather; investors eye US-China trade developments
By Jenny Ruth Aug. 12 (BusinessDesk) - The New Zealand dollar was little changed as the market absorbed the after-shocks from last week’s big rate cut from the Reserve Bank and as investors await further developments in the US-China trade war. The kiwi was trading at 64.69...
NZSA to vote against Xero's proposed $800k increase in directors' fees
By Jenny Ruth Aug. 12 (BusinessDesk) - The New Zealand Shareholders’ Association says it will vote the Xero proxies it holds against the resolution to increase maximum directors’ fees by $800,000 to $2.2 million. That’s because the accounting software company hasn’t provide...
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