NZ dollar climbs to 7-month high vs British pound on growing fears of no-deal Brexit
By Paul McBeth July 30 (BusinessDesk) - The New Zealand dollar rose to a seven-month high against the British pound on growing expectations for a no-deal Brexit under the leadership of British Prime Minister Boris Johnson. The kiwi advanced to 54.22 British pence as at 8am...
MARKET CLOSE: NZ shares rise as A2 buoyed by Bubs result
By Paul McBeth July 29 (BusinessDesk) - New Zealand shares rose as A2 Milk and Synlait Milk were buoyed by a strong June quarter for infant formula maker Bubs Australia. Ebos Group led the market higher on a light volume. The S&P/NZX 50 Index increased 43.75 points, or 0.4...
MARKET CLOSE: NZ shares fall as investors remain wary of Sky TV
By Paul McBeth July 26 (BusinessDesk) - New Zealand shares fell, led lower by Sky Network Television, as investors remain wary of the pay-TV operator's plans to get into online streaming. A2 Milk's sheen also came off in a regional sell-off. The S&P/NZX 50 Index dropped 90...
Robertson eyes greater flexibility in govt financial management
By Paul McBeth July 26 (BusinessDesk) - Finance Minister Grant Robertson says too much government time is spent juggling small funding pools rather than focusing on strategic issues and getting value for money and he plans to introduce greater flexibility to its financial mana...
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