![CORRECT: New Zealand employment confidence falls to 3-year low on weak wage growth](https://businessdesk.co.nz/images/dummy.png)
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](https://businessdesk.co.nz/images/dummy.png)
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](https://businessdesk.co.nz/images/dummy.png)
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](https://businessdesk.co.nz/images/dummy.png)
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...