NZ dollar gains as traders digest weak US employment numbers
By Paul McBeth Oct. 5 (BusinessDesk) - The New Zealand dollar gained in local trading as investors weighed up the impact of weaker-than-expected US employment figures and what that means for the Federal Reserve's track to raise interest rates. The kiwi traded at 64.65 US ce...
NZ govt science plan seeks to double private sector R&D by 2025
By Paul McBeth Oct. 5 (BusinessDesk) - The government is ready to spend more on direct research grants to businesses to meet an "aspirational" target of doubling private sector research and development spending over the next 10 years, despite feedback from the business communi...
NZX share trading value climbs 22% in September as NZX 50 rounds out weak quarter
By Paul McBeth Oct. 5 (BusinessDesk) - The value of share trading on New Zealand's stock exchange climbed 23 percent in September, rounding out a quarter when the benchmark S&P/NZX 50 index posted its biggest three-month decline in more than three years. The total value of...
NZ dollar little changed on the week as US payrolls loom
By Paul McBeth Oct. 2 (BusinessDesk) - The New Zealand dollar is largely unchanged against the greenback this week as improving local outlook eases fears of slowing growth, and as traders wait for US employment data, which will help them weigh up the timing and pace of looming...
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