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NZ commodity prices lift 0.7% on month in January

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...

Rebecca Howard 05 Feb 2018
Xero shares slip 2.5% in first day of sole ASX listing

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...

Paul McBeth 04 Feb 2018
NZX50 drops 1.6% as Wall Street slides on rising inflation expectations

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...

Rebecca Howard 04 Feb 2018