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Major Te Puke kiwifruit orchards marketed to foreign buyers
By Paul McBeth March 19 (BusinessDesk) - A block of three kiwifruit orchards in Te Puke is being marketed to foreign buyers, despite the new Labour-led government's plans to restrict overseas investment. Bayleys Real Estate is marketing the Te Matai, Pacific Gold and Coachm...
NZ dollar trades near two-week low in week of Fed, RBNZ, Fonterra, milk auction
By Jonathan Underhill March 19 (BusinessDesk) - The New Zealand dollar was little changed near a two-week low in a busy week for potentially market-moving events, including a likely rate hike from the Federal Reserve, the local Reserve Bank's policy review, Fonterra Cooperativ...
World Week Ahead: Focus on Fed meeting, rate path
By Margreet Dietz March 19 (BusinessDesk) - US Federal Reserve officials are widely expected to lift their target interest rate during their two-day policy meeting, the first chaired by Jerome Powell, and investors will closely eye for any signs the central bank might accelera...