NZ dollar steady ahead of jobs data, Fed meeting
By Rebecca Howard April 29 (BusinessDesk) - The New Zealand dollar was steady early Monday as markets await domestic jobs data and the US Federal Reserve's policy meeting. The kiwi was trading at 66.60 US cents at 8am, little changed from 66.59 late Friday in New York. The...
Fyfe-chaired medicinal cannabis firm gets $6 mln investment
By Rebecca Howard April 26 (BusinessDesk) - Pure Cann New Zealand, which counts former Air New Zealand boss Rob Fyfe as its executive chair, has secured $6 million from Australia's Cann Group for a 20 percent stake in the local medicinal cannabis company. The investment wil...
NZ monthly exports hit record in March as Chinese buying revives
By Rebecca Howard April 26 (BusinessDesk) - New Zealand's exports hit a record in March amid revived Chinese demand for local dairy, meat and forestry products. The value of total goods exports lifted 19 percent to $5.7 billion last month from March 2018. At the same time,...
NZ consumers more upbeat about current situation
By Rebecca Howard April 26 (BusinessDesk) - Consumer confidence was a touch higher in April as New Zealanders were more upbeat about their current finances. The latest ANZ-Roy Morgan survey of consumer confidence rose 1.4 points to 123.2 in April, above the neutral 100 poin...
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