NZ dollar falls across the board after RBNZ's Orr keeps OCR at 1.75%, signals no change
By Rebecca Howard May 10 (BusinessDesk) - The New Zealand dollar fell sharply against the Canadian dollar in a broad-based decline after the Reserve Bank kept interest rates at a record low and said the next move could be up or down. Canada's currency benefited from positive d...
Keytone Dairy Corp launches prospectus to raise A$15M, list on ASX
By Rebecca Howard May 10 (BusinessDesk) - Keytone Dairy Corp, which owns a dairy factory in Christchurch, has launched a prospectus to raise up to A$15 million and list on the Australian Securities Exchange via an initial public offering. It is aiming to raise A$12 million...
RBNZ's Adrian Orr pledges to address central bank's lack of open dialogue
By Rebecca Howard May 10 (BusinessDesk) - Reserve Bank governor Adrian Orr greeted journalists in English, Maori and sign language and pledged to address a lack of open dialogue at the central bank in his first press conference at the helm. Orr said he has taken up the man...
UPDATE: RBNZ's Orr keeps OCR at 1.75% in first outing, says next move could be up or down
(Updates to add detail from monetary policy statement throughout) By Rebecca Howard May 10 (BusinessDesk) - New Reserve Bank governor Adrian Orr kept the official cash rate at 1.75 percent and said the direction of the next move is equally balanced and could be up or down,...
Prev
