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RESEND: Synlait almost triples 2016 profit, warns of 'modest growth' next year
(Removes reference to Mitsui in sixth paragraph.) By Tina Morrison Sept. 19 (BusinessDesk) - Synlait Milk, the NZX-listed dairy company, almost tripled annual profit in line with its forecast, although it warned growth in the coming year would be more modest as new Chinese...
NZ consumer confidence lifts in third quarter; rural, low-income households are least cheery
By Sophie Boot Sept. 19 (BusinessDesk) - New Zealand consumer confidence picked up in the third quarter, while staying below its long-run average, as Kiwis, particularly in rural communities, remain nervous about the economy's trajectory. The Westpac McDermott Miller consum...
NZ dollar falls as stronger US inflation pushes greeback to highest in more than 2 weeks
By Jonathan Underhill Sept. 19 (BusinessDesk) - The New Zealand dollar fell after figures showed US inflation was twice as strong as expected last month, driving the US dollar index to its highest in more than two weeks on expectations the Federal Reserve will hike interest ra...
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