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While you were sleeping: Wall St rises, copper climbs
By Margreet Dietz Dec. 28 (BusinessDesk) - Wall Street crept higher, as did US Treasuries, while copper climbed to the highest level in nearly four years. Copper rose as China ordered its top producer, Jiangxi Copper, to halt output to ease winter pollution, underpinning t...
MARKET CLOSE: NZ shares slip as appetite for yield stocks dims; Chorus, Genesis decline
By Paul McBeth Dec. 27 (BusinessDesk) - New Zealand shares slipped in thin holiday trading as appetite for companies offering attractive dividend yields, such as regulated utilities Chorus and Genesis Energy and pay-TV operator Sky Network Television declined. The S&P/NZX...
NZ dollar gains in thin trading as investors remain upbeat about local economy
By Rebecca Howard Dec. 27 (BusinessDesk) - The New Zealand dollar edged up against the greenback in thin holiday trading as investors remain cheered about the domestic economy. The kiwi increased to 70.46 US cents as at 5pm in Wellington from 70.32 cents as at 8.30am and 70...
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