NZ dollar down on geopolitical tensions, less dovish than expected RBNZ
By Rebecca Howard Aug. 10 (BusinessDesk) - The New Zealand dollar fell as a less dovish than expected statement and forecasts from the central bank were overshadowed by tensions between the United States and North Korea. The kiwi traded at 73.09 US cents as at 5pm in Wellin...
SkyCity honing innovation strategy to remain relevant
By Rebecca Howard Aug. 10 (BusinessDesk) - SkyCity Entertainment Group is honing its innovation strategy, looking at everything from facial recognition to online casinos, in a bid to stay on top of emerging trends, says chief executive Graeme Stephens after presenting his firs...
UPDATE: Trans-Tasman Resources gets green light to mine iron sands
(recasts to add comments from TTR chairman as well as detail and comment from those opposed to the decision throughout) By Rebecca Howard Aug. 10 (BusinessDesk) - Trans-Tasman Resources will now invest upwards of $600 million to build and commission its project now it has a...
AMP New Zealand posts little-changed 1H underlying profit
By Rebecca Howard Aug. 10 (BusinessDesk) - AMP’s New Zealand financial services, the local unit of the Australian financial services firm, posted a little changed underlying operating profit after tax in its first half, as it continues to grow its revenue base and closely mana...
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