Allied Farmers plans 10-to-1 share consolidation
By Rebecca Howard July 1 (BusinessDesk) - Allied Farmers announced a 10-to-one share consolidation, a move which will shrink the number of shares on issue and boost the per share price. The final day for trading in pre-consolidation on the NZX main board is July 12 and as...
NZ dollar higher on thaw in US-China trade dispute
By Rebecca Howard July 1 (BusinessDesk) - The New Zealand dollar firmed as signs of a thaw in US-China trade relations cheered investors. The kiwi was trading at 67.19 US cents at 8am versus 67.17 cents late Friday in New York. The trade-weighted index was at 73.22 from 73....
NZ dollar headed for 1.7% weekly gain ahead of US-China talks
By Rebecca Howard June 28 (BusinessDesk) - The New Zealand dollar is headed for a 1.7 percent weekly gain as markets are positioned for good news on the US-China trade front. The kiwi was trading at 66.98 US cents at 5pm versus 67.00 cents at 8am in Wellington. It was at 65...
NZ consumer confidence ticks up slightly in June
By Rebecca Howard June 28 (BusinessDesk) - Consumer confidence ticked up in June, climbing back above the historic average. The latest ANZ-Roy Morgan survey of consumer confidence rose 3.3 points in June to 122.6. The May figure had been a six-month low and the historical...
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