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Dairy product prices decline for sixth time in eight auctions

Dairy product prices decline for sixth time in eight auctions

By Margreet Dietz June 6 (BusinessDesk) - Dairy product prices fell at the Global Dairy Trade auction, as whole milk powder slid amid higher-than-anticipated supply.  The GDT price index fell 1.3 percent from the previous auction three weeks ago. The average price was US$3,...

Margreet Dietz 05 Jun 2018
MARKET CLOSE: NZ shares rally, led by A2, F&P Healthcare, Sky TV, Synlait rise; Cavalier jumps

MARKET CLOSE: NZ shares rally, led by A2, F&P Healthcare, Sky TV, Synlait rise; Cavalier jumps

By Jonathan Underhill June 5 (BusinessDesk) - New Zealand shares rose after the three-day weekend, led by A2 Milk, Fisher & Paykel Healthcare and Sky Network Television. Cavalier jumped after giving guidance for improved full-year earnings. The S&P/NZX 50 Index rose 120.88 ...

NZ dollar holds gains against USD as risk appetite firm

NZ dollar holds gains against USD as risk appetite firm

By Rebecca Howard June 5 (BusinessDesk) - The New Zealand dollar held its gains against the greenback and could push slightly higher in the short term as risk appetite remains firm. The kiwi traded at 70.22 US cents as at 5pm in Wellington from 70.25 US cents as at 8:30am i...

Rebecca Howard 05 Jun 2018