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World Week Ahead: Fed meets, eyes on earnings
By Margreet Dietz July 24 (BusinessDesk) - It’s a big week for corporate earnings on both sides of the Atlantic, while Federal Reserve policy makers also gather for a two-day meeting. While the Federal Open Market Committee is not expected to raise its key interest rate, i...

Govt embraces targeted rates to spur urban infrastructure for housing
By Pattrick Smellie July 23 (BusinessDesk) - The government's latest response to the Auckland housing shortage will see central government and private sector firms invest in 'special purpose vehicles' to fund essential roading, water and drains that Auckland Council can't fund...

MARKET CLOSE: NZ shares mixed, Fletcher keeps falling while Westpac, ANZ give up gains
By Sophie Boot July 21 (BusinessDesk) - New Zealand shares were mixed, with Fletcher Building continuing yesterday's selling while Westpac Banking Corp and Australia & New Zealand Banking Group gave up gains. The S&P/NZX50 Index dropped 1.6 points, or 0.02 percent, to 7,670...