NZ dollar gains vs Aussie on weak trade data, rises against greenback
By Rebecca Howard Jan. 5 (BusinessDesk) - The New Zealand dollar edged up against the Australian dollar after weaker-than-expected November trade data across the Tasman. The kiwi rose to 91.08 Australian cents as at 5pm in Wellington from 90.59 cents late yesterday. It ros...
NZX trading activity lifts while new listings fail to emerge in December
By Rebecca Howard Jan. 5 (BusinessDesk) - New Zealand share trading continue to surge in December but new equity capital raisings were still missing in action as the NZX struggles to attract new companies to the market. Total equity trades jumped 45.5 percent to 171,731 in...
NZ dollar hold below 71 US cents after making small gains in Asian trading
By Rebecca Howard Jan. 4 (BusinessDesk) - The New Zealand dollar was slightly higher in Asia after minutes from the latest Federal Reserve policy meeting showed the central bank remained on track to raise interest rates several times this year but uncertainties remain. The...
NZ dollar slips in subdued trading after Trump's tweets on Korea
By Rebecca Howard Jan. 3 (BusinessDesk) - The New Zealand dollar eased slightly in Asian trading in holiday-thin markets after US President Donald Trump tweeted threats to North Korea. The kiwi traded at 70.83 US cents as at 5pm in Wellington versus 71.03 cents late yesterd...
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