NZ dollar falls as Chinese growth misses forecast
By Paul McBeth Jan. 19 (BusinessDesk) - The New Zealand dollar fell as China's economic growth came in below expectations, weighing on the Australasian currencies due to their trade exposure to the world's second biggest economy. The kiwi dipped to 64.34 US cents from 64.4...
New docs show why agencies abandoned Hubbard investors' interest claims
By Paul McBeth Jan. 19 (BusinessDesk) - Former investors in Allan Hubbard's Aorangi Securities and Hubbard Management Funds will have to chase the deceased Timaru businessman's estate if they want to pursue as much as five years of unpaid interest after the entities' statutory...
NZ business confidence recovers from four-year low in December, profits still weak
By Paul McBeth Jan. 19 (BusinessDesk) - New Zealand businesses got out of the doldrums in the final three months of 2015 as the economy picked up from its mid-year sluggishness and firms saw improvements in their own activity, even if that didn't drop to the bottom line. A...
NZ dollar recovers as China lifts requirements on foreign deposit holdings
By Paul McBeth Jan. 18 (BusinessDesk) - The New Zealand dollar recovered its losses from the weekend as Chinese authorities raised the requirements on foreign financial institutions' yuan deposits, helping soothe nervous investors about the strength of the world's second-bigge...
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