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NZ dollar rises above 71 US cents on lack of urgency from Fed to hiking rates
By Jonathan Underhill July 28 (BusinessDesk) - The New Zealand dollar rose above 71 US cents for the first time since the start of last week after traders took the Federal Reserve's latest policy review as a signal that it won't rush to raise interest rates until later this ye...
Blis Technologies forecasts first profit of more than $700k in 2017
By Sophie Boot July 28 (BusinessDesk) - Blis Technologies, the biotechnology firm, expects to post a profit of at least $700,000 for the 2017 financial year. In May, the company said it expected to report its first annual profit in the year to March 31, 2017. After market c...
MARKET CLOSE: NZ shares rise; Comvita, A2 Milk gain, Steel & Tube extends slide
By Sophie Boot July 28 (BusinessDesk) - New Zealand shares gained in relatively subdued trading ahead of earnings season. Comvita and A2 Milk rose while Steel & Tube Holdings dropped. The S&P/NZX 50 Index rose 4.44 points, or 0.1 percent, to 7,306.34. Within the index, 30 s...
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