New Zealand dollar gains as inflation expectations push higher
By Rebecca Howard Feb. 7 (BusinessDesk) - The New Zealand dollar rose after a central bank survey that showed inflation expectations are on the rise. The kiwi dollar traded at 73.58 as at 5:15 pm in Wellington from 73.20 cents in Asia yesterday. The kiwi rose to 95.93 Au...
NZ inflation expectations push higher, may give RBNZ pause for thought
By Rebecca Howard Feb. 7 (BusinessDesk) - New Zealand inflation expectations for the next two years have increased, a Reserve Bank survey shows, likely adding to the view that the central bank may lift its projected track for interest rates in Thursday's monetary policy statem...
Kathmandu says first half profit slightly stronger on increased Australian sales
By Rebecca Howard Feb. 7 (BusinessDesk) - Kathmandu Holdings said first-half profit was slightly higher from a year earlier, partly bolstered by solid same store sales growth. The Christchurch-based outdoor equipment chain said net profit was $9.9 million on year in the six...
NZ dollar falls as rally runs out of puff ahead of payrolls data
By Rebecca Howard Feb. 3 (BusinessDesk) - The New Zealand dollar continued to ease back Friday ahead of a three-day weekend on signs that a recent rally may be running out of steam. The kiwi dollar fell to 72.73 US cents as at 5 pm from 72.85 at 8 am and 72.98 US cents late...
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