NZ dollar falls as investors shun riskier assets and favour traditional havens
By Tina Morrison June 15 (BusinessDesk) - The New Zealand dollar fell as investors shunned higher risk assets amid uncertainty ahead of the Federal Reserve interest rate decision and the British referendum on European Union membership. The kiwi dropped to 70 US cents at 8am...
Sky TV 'not attractive' as a pure pay-TV operator, Grant Samuel says
By Tina Morrison June 14 (BusinessDesk) - Sky Network Television doesn't have an attractive future as a "pure" standalone pay-TV business in the longer term as it faces increased rivalry and a "fundamental deterioration" in its strategic position, according to Grant Samuel, th...
NZ dollar jumps above 50 British pence on 'Brexit' fears
By Tina Morrison June 14 (BusinessDesk) - The New Zealand dollar popped above 50 British pence overnight on concern the UK may vote to leave the European Union in the so-called 'Brexit' referendum next week. The kiwi hit 50.08 British pence, its highest level since April la...
NZ Dollar Outlook: Kiwi may be volatile with slew of data, rate decisions, Brexit uncertainty
By Tina Morrison June 13 (BusinessDesk) - The New Zealand dollar may be in for a volatile ride this week as traders face a slew of local data, the Federal Reserve decision on US interest rates, and continued uncertainty around Britain's referendum next week on European Union m...
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