NZ dollar gains vs. pound after BoE easing, traders await US payrolls
By Jonathan Underhill Aug. 5 (BusinessDesk) - The New Zealand dollar held its gains against the British pound after the Bank of England cut interest rates in a bigger-than-expected stimulus package, underlining the appeal of higher-yielding currencies such as the kiwi. The...
CORRECT: T&G Global first-half profit jumped 89% on sales from new, existing businesses
(Removes erroneous reference to dividend being paid - it was actually the final 2015 payment - and reference to Peruvian JV that didn't proceed) By Jonathan Underhill Aug. 5 (BusinessDesk) - T&G Global, the fruit marketer controlled by Germany's BayWa, posted an 89 percent...
Intueri CEO Rob Facer leaves suddenly as 2016 earnings guidance cut
By Jonathan Underhill Aug. 5 (BusinessDesk) - Rob Facer has left his positions as chief executive and director of Intueri Education Group effective immediately as the private education provider forecast a 36 percent drop in 2016 earnings. The company named chief financial o...
NZ dollar falls as traders mull prospects of deeper OCR cut, 2-year swaps fall below 2%
By Jonathan Underhill Aug. 4 (BusinessDesk) - The New Zealand dollar fell and the two-year swap rate dropped below 2 percent for the first time as traders pondered the prospects of a deeper cut to the official cash rate next week. The kiwi dollar traded at 71.69 US cents as...
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