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NZ dollar falls as prospect of new Fed chair stokes rate hike bets; Catalonia vote weighs on euro

NZ dollar falls as prospect of new Fed chair stokes rate hike bets; Catalonia vote weighs on euro

By Rebecca Howard Oct. 2 (BusinessDesk) - The New Zealand dollar slipped as the greenback benefitted from the possibility a new Federal Reserve chair could tighten monetary policy faster than the current regime and as the euro was weighed on by uncertainty over the Catalonia i...

Rebecca Howard 02 Oct 2017
Sanford touches record high as value-add strategy may be garnering interest

Sanford touches record high as value-add strategy may be garnering interest

By Rebecca Howard Oct. 2 (BusinessDesk) - Fishing company Sanford shares hit a record high Monday as the company's value-add strategy may be gaining some traction, although trading was light.  The stock recently rose 3.3. percent to $7.95, having climbed as high as $8 earli...

Rebecca Howard 02 Oct 2017
CORRECT: Labour expecting NZ First coalition pre-talks this week too

CORRECT: Labour expecting NZ First coalition pre-talks this week too

(Corrects Labour/Greens tally in second to last paragraph) By Pattrick Smellie Oct. 2 (BusinessDesk) - The Labour Party leader, Jacinda Ardern, has confirmed the party is in contact with the New Zealand First party to start preliminary discussions this week about government...

Pattrick Smellie 02 Oct 2017