CORRECT: New Zealand employment confidence falls to 3-year low on weak wage growth
(Corrects spelling of Westpac economist Satish Ranchhod) By Jonathan Underhill Sept. 28 (BusinessDesk) - New Zealand employment confidence turned pessimistic in the third quarter, falling to a three-year low, with fewer workers expecting a pay rise in a labour market where...
NZ dollar slips from week-high as Fed officials tip rate hike this year, Boehner flags exit
By Jonathan Underhill Sept. 28 (BusinessDesk) - The New Zealand dollar fell from its highest level in a week after two Federal Reserve officials followed chair Janet Yellen in expressing their preference for the start of interest rate hikes this year. The kiwi fell to 63.61...
World Week Ahead: Fed asserts itself
By Margreet Dietz Sept. 28 (BusinessDesk) - The coming week is filled with speeches by US Federal Reserve policy makers including Chair Janet Yellen, on Wednesday, as well as a slew of economic data including the government's monthly jobs report. Wall Street rebounded on F...
MARKET CLOSE: NZ shares gain; Fonterra Fund rises, Pumpkin Patch at record low
By Jonathan Underhill Sept. 25 (BusinessDesk) - New Zealand shares rose, as Xero gained and the Fonterra Shareholders' Fund advanced for a second day on the dairy cooperative's improved earnings and stronger forecast milk payout. Pumpkin Patch sank to a record low after cuttin...
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