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NZ commodity prices fall in July on slide in dairy, forestry prices
By Rebecca Howard Aug. 5 (BusinessDesk) - New Zealand commodity prices fell in July, weighed by the recent fall in forestry and dairy prices. The ANZ world commodity price index fell 1.4 percent in July after falling 3.9 percent in June. The July index was 0.5 percent lower...
2Degrees: still plenty of growth at the 10 year mark, says new ceo
By Pattrick Smellie Aug. 5 (BusinessDesk) - Some said it couldn't be done. Some expected 2Degrees - New Zealand's third largest mobile telecommunications operator - would die on the vine as it simultaneously squeezed margin out of the Vodafone-Spark market stranglehold whil...
RBNZ to cut rates and signal more to come
By Rebecca Howard Aug. 5 (BusinessDesk) - The Reserve Bank of New Zealand is expected to cut rates on Wednesday and leave the door open for more easing as heightened global uncertainty is coupled with a subdued domestic outlook. Of 17 economists polled by Bloomberg, 16 exp...
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