NZ dollar gains as geopolitical risks swirl, Yellen gives upbeat economic view
By Jonathan Underhill April 11 (BusinessDesk) - The New Zealand dollar rose amid concern geopolitical risks are on the rise after the US diverted a US carrier fleet to the Korean peninsula, while Federal Reserve chair Janet Yellen gave an upbeat view of American and global eco...
NZ dollar little changed near 4-week low after Dudley comments lift greenback
By Jonathan Underhill April 10 (BusinessDesk) - The New Zealand dollar was little changed near a four-week low following New York Fed President William Dudley's comment that the US central bank wouldn't need to delay rate hikes much in order to shrink its balance sheet. The...
Greenpeace says Russel Norman was among activists who jumped into sea to halt seismic tests
By Jonathan Underhill April 10 (BusinessDesk) - Greenpeace says its New Zealand executive director Russel Norman was among activists who jumped into the sea to try to thwart deepwater seismic testing for oil 50 nautical miles off the Wairarapa coast. The environmental group...
Change at top of Kiwibank board not due to dissatisfaction over equity injection, spokesman says
By Jonathan Underhill April 10 (BusinessDesk) - The sudden departure of Kiwibank's chairman and deputy chair just days after shareholders answered a call for additional equity funding doesn't reflect any dissatisfaction about the state-owned bank's governance, a spokesman says...