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NZ dollar dips after Fed minutes, US data lift greenback; dairy futures subside
By Jonathan Underhill Jan. 4 (BusinessDesk) - The New Zealand dollar dipped after minutes of the last Federal Reserve meeting showed policymakers see future rate rises being tied to inflation and fiscal stimulus including tax cuts. The kiwi traded at 70.87 US cents as at 8:...
While you were sleeping: Wall St climbs to records, Intel sinks
By Margreet Dietz Jan. 4 (BusinessDesk) - Wall Street ascended to record highs as the latest US manufacturing data underpinned optimism about the economic outlook, while oil prices advanced to the highest level in more than two years. In 12.53pm trading in New York, the Do...
MARKET CLOSE: NZ shares rise on first trading day of 2018, led by Pushpay, Fletcher
By Sophie Boot Jan. 3 (BusinessDesk) - New Zealand shares rose in the first trading session of 2018, led higher by Pushpay Holdings and Fletcher Building. The S&P/NZX50 Index gained 26.83 points, or 0.3 percent, to 8,424.91. Within the index, 27 stocks rose, 17 fell and six...
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