NZ dollar gains with commodity prices ahead of Fed decision on US rates
By Jonathan Underhill Dec. 13 (BusinessDesk) - The New Zealand dollar gained with prices of commodities as traders awaited the results of the Federal Reserve's two-day policy meeting that will chart a course for global interest rates. The kiwi dollar advanced to 71.94 US ce...
NZ manufacturing sales rise 2.1% in third quarter, led by petroleum, meat & dairy, chemicals
By Jonathan Underhill Dec. 13 (BusinessDesk) - New Zealand manufacturing sales activity rose in the third quarter, reflecting a rebound in petroleum and coal products, meat and dairy and chemicals. The volumes of total manufacturing sales rose 2.1 percent, seasonally adjust...
Newell Brands agrees to buy NZ's Sistema for $660 mln as it seeks faster-growing businesses
Dec. 13 (BusinessDesk) - Newell Brands has agreed to buy Sistema Plastics from its New Zealand owner for $660 million, one of two businesses the New York Stock Exchange-listed consumer products company is acquiring as it seeks faster-growing assets. Hoboken, New Jersey-based N...
NZ dollar gains as lift in crude oil, commodities bolsters currencies linked to raw materials
By Jonathan Underhill Dec. 13 (BusinessDesk) - The New Zealand dollar gained along with other commodity-linked currencies as prices of raw materials including crude oil rose overnight and the greenback declined. The kiwi dollar advanced to 71.88 US cents as at 8am in Wellin...
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