NZ dollar gains as Trump's policy moves weigh on greenback
By Rebecca Howard Jan. 31 (BusinessDesk) - The New Zealand dollar gained as US President Donald Trump's latest policy decisions unsettled markets and weighed on the greenback. The kiwi rose to 72.86 US cents as at 5 pm in Wellington from 72.65 cents late yesterday. The trad...
Aussie homecare services firm cleared to buy 40% of Healthcare of NZ
By Rebecca Howard Jan. 31 (BusinessDesk) - The Overseas Investment Office has given Australian-controlled Home Care BidCo Pty a green light to buy up to 40 percent of leading home health and disability services provider Healthcare of New Zealand Holdings in a deal worth more t...
Strike action still looming at Lyttelton Port, talks to continue Friday
Jan. 26 (BusinessDesk) - Strike action is still looming at Lyttelton Port Co's container terminal after further mediation failed to reach a settlement although talks are continuing Friday, the port said in an emailed customer notice. "The current strike notices have not been...
New Zealand dollar pushes higher on CPI but profit-taking tempers gains
By Rebecca Howard Jan. 26 (BusinessDesk) - The New Zealand dollar gained Thursday as investors were cheered by stronger-than-expected inflation data although some profit-taking capped gains. The kiwi rose to 72.84 US cents from 72.47 US cents as at 8 am in Wellington and 7...
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