NZ dollar little changed at about 70 US cents as surge in US bond yields saps kiwi's appeal
By Jonathan Underhill Nov. 21 (BusinessDesk) - The New Zealand dollar was little changed at about 70 US cents and is poised to extend its 5.2 percent decline of the past two weeks as surging US bond yields sap the appeal of returns from the kiwi. The local currency traded a...
NZ producer input, output prices rise on rebound in dairy
Nov. 21 (BusinessDesk) - New Zealand producer input and output prices rose in the third quarter, largely on the back of the rebound in prices of dairy products and the resulting upgrades to the farmgate milk payout. Prices paid by producers - input prices - rose 1.5 percent in...
Bupa compensates debtors who took on loans for heat pumps, retirement village rights
By Jonathan Underhill Nov. 21 (BusinessDesk) - Bupa Retirement Villages is compensating some residents who took on loans for occupation rights or a heat pump after acknowledging it had not met all the disclosure requirements of the Credit Contracts and Consumer Finance Act....
Blis Technologies posts positive first-half earnings, putting it on track for first annual profit since listing
By Jonathan Underhill Nov. 21 (BusinessDesk) - Blis Technologies turned to a first-half profit, allowing it to affirm guidance for its first annual profit since listing 15 years ago, as solid sales growth offset the impact of a strong kiwi dollar against the greenback and the...
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