NZ dollar trades near month-low as dairy prices fall, housing market cools
By Jonathan Underhill Oct. 4 (BusinessDesk) - The New Zealand dollar fell, trading near a month-low, as an unexpected drop in dairy prices and further evidence of a cooling property market weighed on sentiment. The kiwi traded at 71.57 US cents as at 8am in Wellington, and...
NZ dollar gains vs pound on Brexit squabbles, weak manufacturing data
By Jonathan Underhill Oct. 3 (BusinessDesk) - The New Zealand dollar rose against the pound as the British Conservative Party conference gets underway with deep divisions over Brexit and after weaker-than-expected manufacturing data. The kiwi gained to 54.22 British pence a...
Jager says banks 'supported' growers during PSA crisis, 'got good PR' from Zespri as a result
By Jonathan Underhill Oct. 2 (BusinessDesk) - Zespri Group's outgoing chief executive Lain Jager has told the High Court that the banking sector was supportive of the kiwifruit industry when it was reeling from the outbreak of the Psa virus, helping limit the number of foreclo...
NZ dollar little changed after mixed US data; election hiatus continues
By Jonathan Underhill Oct. 2 (BusinessDesk) - The New Zealand dollar, which has shed about 1.5 percent since the Sept. 23 election, was little changed after mixed US data gave few clues to the pace of Federal Reserve monetary policy changes. The kiwi traded at 72.14 US cent...
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