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NZ commodity prices lift 0.7% on month in January
By Rebecca Howard Feb. 5 (BusinessDesk) - New Zealand commodity prices rose slightly in January with meat, dairy, forestry and aluminium prices all lifting; the only fall was seen in milkfat products. The ANZ Commodity Price index rose 0.7 percent to 288.2 in January and wa...
Xero shares slip 2.5% in first day of sole ASX listing
By Paul McBeth Feb. 5 (BusinessDesk) - Xero shares fell 2.5 percent in their first day as being solely listed on the ASX, following the fall-out of a sharp sell-off on Wall Street which drove markets lower in Australia and New Zealand and weighed more heavily on growth-orienta...
NZX50 drops 1.6% as Wall Street slides on rising inflation expectations
By Rebecca Howard Feb. 5 (BusinessDesk) - New Zealand shares took an early tumble, tracking a sharp fall on Wall Street on Friday after strong US jobs data fuelled concerns US inflation will accelerate faster. The benchmark S&P/NZX50 Index fell 131.8 points, or 1.6 percent...