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NZ wool prices slip on higher auction volumes
By Tina Morrison March 4 (BusinessDesk) - New Zealand wool prices slipped at auction yesterday on higher volumes. The price for clean 35-micron wool, a benchmark for crossbred wool used for carpets and accounting for the majority of New Zealand's production, sank to $5.85 p...
NZ dollar heads for 1.9% weekly gain as US jobs report looms
By Paul McBeth March 4 (BusinessDesk) - The New Zealand dollar is heading for a 1.9 percent gain against the greenback this week ahead of US employment data which investors will be watching to gauge whether the Federal Reserve will continue hiking interest rates this year. ...
UPDATE: Steel mesh makers re-test products after ComCom concerns
(Adds further comment from Euro and Brilliance) By Fiona Rotherham March 4 (BusinessDesk) – Euro Corp and Brilliance Steel, which stopped selling steel mesh products following Commerce Commission concerns, are both conducting independent re-tests of their stock to ensure c...
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