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NZ dollar little changed after mixed US data; election hiatus continues
By Jonathan Underhill Oct. 2 (BusinessDesk) - The New Zealand dollar, which has shed about 1.5 percent since the Sept. 23 election, was little changed after mixed US data gave few clues to the pace of Federal Reserve monetary policy changes. The kiwi traded at 72.14 US cent...
World Week Ahead: US jobs, interest rates in focus
By Margreet Dietz Oct. 2 (BusinessDesk) - With Wall Street at record highs, investors will eye the latest US jobs data as well as comments from a host of Federal Reserve officials set to speak this week to gauge the pace of future interest rate hikes. Last Friday, a Comme...
MARKET CLOSE: Synlait, Restaurant Brands hit fresh highs while A2 Milk drops on profit-taking
By Sophie Boot Sept. 29 (BusinessDesk) - New Zealand shares gained, led by Synlait Milk and Restaurant Brands that each hit record highs while A2 Milk was the worst performer as investors took profits from the stock's meteoric gains. The S&P/NZX50 Index gained 16.78 points,...
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