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NZ dollar falls as escalating trade war weighs on risk appetite

NZ dollar falls as escalating trade war weighs on risk appetite

By Rebecca Howard Aug. 2 (BusinessDesk) - The New Zealand dollar was weaker against the greenback in jittery markets after the US stepped up pressure on China in the latest round of the global trade spat between the two nations. The kiwi traded at 67.75 US cents as at 5pm i...

Rebecca Howard 02 Aug 2018
First NZ Capital tips slower earnings growth for August reporting season

First NZ Capital tips slower earnings growth for August reporting season

By Rebecca Howard Aug. 2 (BusinessDesk) - First NZ Capital anticipates smaller earnings growth for the majority of companies reporting in August amid ongoing signs that businesses are worried about profitability.  FNZC analysts Paul Turnbull and Arie Dekker also forecast av...

Rebecca Howard 02 Aug 2018
Strategy, detail for Provincial Growth Fund investments released

Strategy, detail for Provincial Growth Fund investments released

By Sophie Boot Aug. 2 (BusinessDesk) - The government has released more detail on the investments it is looking to make through the $1 billion per year Provincial Growth Fund, and says a large number of private sector firms want to partner up on projects.  At the launch of...

Sophie Boot 02 Aug 2018