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World Week Ahead: Eyes on Fed’s Brainard

World Week Ahead: Eyes on Fed’s Brainard

By Margreet Dietz Sept. 12 (BusinessDesk) - Investors will scrutinise a speech by US Federal Reserve Governor Lael Brainard today to gauge if the central bank might hike interest rates next week after all.  Today’s speech by Brainard, only announced late last week, follows...

Sealegs sees High Court IP injunction against Orion Marine, Smuggler Marine, ex-employees

Sealegs sees High Court IP injunction against Orion Marine, Smuggler Marine, ex-employees

By Jonathan Underhill Sept. 9 (BusinessDesk) - Sealegs Corp, the amphibious vehicle maker, says it has filed an application for a High Court injunction for what it describes as "alleged infringement of its intellectual property" by Orion Marine, Smuggler Marine and some ex-Sea...

NZ dollar heads for 1.6% weekly gain as strong NZ story contrasts with weaker US data

NZ dollar heads for 1.6% weekly gain as strong NZ story contrasts with weaker US data

By Jonathan Underhill Sept. 9 (BusinessDesk) - The New Zealand dollar is heading for a 1.6 percent weekly gain as positive signals for the domestic economy contrast with weaker US data to keep the currency near a 16-month high. The kiwi traded at 73.97 US cents as at 5pm in...