RESEND: NZ dollar jumps vs broadly weaker pound as UK exit polls point to hung parliament
(Fixes currency level in second paragraph) By Rebecca Howard June 9 (BusinessDesk) - The New Zealand dollar lurched higher against the British pound after initial exit polls suggested a hung parliament in the UK, potentially delaying Britain's departure from the European Un...
NZ dollar edges up vs Aussie on weak Australian data; all eyes on ECB, UK, Comey
By Rebecca Howard June 8 (BusinessDesk) – The New Zealand dollar got a slight lift against the Australian dollar after weak trade data across the Tasman but was largely treading water ahead of the European Central Bank meeting, testimony from former Federal Bureau of Investiga...
Govt questions future of NZ Venture Investment Fund, film grants, Bridges says
By Rebecca Howard June 8 (BusinessDesk) - The government is looking at a range of options for the New Zealand Venture Investment Fund, including discontinuing funding, Economic Development Minister Simon Bridges told a parliamentary committee. "At a high level, I do see a r...
Auckland Airport CEO Littlewood downplays criticism of new pricing by airlines
By Rebecca Howard June 8 (BusinessDesk) - Auckland International Airport's new landing charges strike a fair balance says chief executive Adrian Littlewood, downplaying criticism from the Board of Airlines Representatives that the charges are "unjustifiably high". "To be ab...
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