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NZ dollar falls vs greenback, reaches 8-month high vs Aussie
By Jonathan Underhill March 28 (BusinessDesk) - The New Zealand dollar fell against the US dollar in the face of easing concerns about a global trade war and gained to an eight-month high against the Aussie on further signs of weak prices for commodities such as iron ore. T...
While you were sleeping: GE stock climbs on bets of Buffett play
By Margreet Dietz March 28 (BusinessDesk) - Wall Street climbed, spurred on by a rally in General Electric shares amid speculation US billionaire Warren Buffett might buy a stake in the company. Optimism that talks between the US and China might avert a global trade war al...
Govt toughens final terms of reference for electricity review
By Pattrick Smellie March 27 (BusinessDesk) - The final terms of reference for the government's inquiry into the electricity sector goes further than draft proposals to include examining whether power companies can make "excessive profits" and "whether the costs of providing e...