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NZ dollar climbs touches 60 euro cts as upbeat markets await US earnings

NZ dollar climbs touches 60 euro cts as upbeat markets await US earnings

By Paul McBeth Jan. 9 (BusinessDesk) - The New Zealand dollar rose to a two-month high against the euro as investors remain upbeat at the start of 2018 ahead of US corporate earnings, which will offer a gauge to the strength of the world's biggest economy.  The kiwi rose to...

Paul McBeth 08 Jan 2018
While you were sleeping: Another day, another record high

While you were sleeping: Another day, another record high

By Margreet Dietz Jan. 9 (BusinessDesk) - Wall Street inched to record highs amid optimism that a fresh round of US corporate earnings will underpin the bullish outlook.  In 1.24pm trading in New York, the Dow Jones Industrial Average eked out a 0.06 percent advance, while...

Margreet Dietz 08 Jan 2018
MARKET CLOSE: NZ shares down, led lower by Metro Glass and Sky TV while Comvita, A2 rally

MARKET CLOSE: NZ shares down, led lower by Metro Glass and Sky TV while Comvita, A2 rally

By Sophie Boot Jan. 8 (BusinessDesk) - New Zealand shares fell, led lower by Metro Performance Glass and Sky Network Television, while Comvita, A2 Milk and Synlait Milk gained. The S&P/NZX50 Index dropped 30.07 points, or 0.4 percent, to 8,425.48. Within the index, 21 stock...

Sophie Boot 08 Jan 2018