NZ dollar sticks to tight range as investors await Middle East developments
By Rebecca Howard April 12 (BusinessDesk) - The New Zealand dollar stuck to a tight range as global sentiment was weighed down by the threat of imminent US military action in Syria. The kiwi traded at 73.58 US cents as at 5pm in Wellington from 73.53 cents at 8am and 73.46...
NZ electronic card spending rebounds in March as consumers spend up on groceries, liquor
By Rebecca Howard April 12 (BusinessDesk) - New Zealand retail spending on electronic cards rebounded in March on the back of increased grocery and liquor spending. Seasonally adjusted total retail spending on credit and debit cards increased 1 percent in March, Statistics...
NZ govt ends new offshore oil and gas exploration
By Pattrick Smellie April 12 (BusinessDesk) - The New Zealand government will issue no new exploration permits for offshore oil and gas fields in a historic move to support its commitment to action on climate change. While some 22 existing offshore oil and gas exploration p...
NZ dollar still firm against greenback but eases after weak China data
By Rebecca Howard April 11 (BusinessDesk) - The New Zealand dollar remained firm against the greenback as concerns about a global trade war eased but did lose ground in Asian trading after weaker-than-expected Chinese inflation data. The kiwi traded at 73.46 US cents at 5pm...
Prev
