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While you were sleeping: Yellen lifts US dollar
By Margreet Dietz Sept. 27 (BusinessDesk) - The US dollar strengthened while Wall Street held on to gains after Federal Reserve Chair Janet Yellen warned against the central bank moving “too gradually” on tightening monetary policy. “A gradual approach is particularly appr...
MARKET CLOSE: NZ shares up as confidence returns; Kathmandu, CBL, A2 Milk rise
By Sophie Boot Sept. 26 (BusinessDesk) - New Zealand shares gained, with Kathmandu up on its full-year earnings and A2 Milk at a record high, as volumes recovered from yesterday's post-election lull. The S&P/NZX 50 Index rose 17.41 points, or 0.2 percent, to 7,887.18. Withi...
Ardern recommits to budget responsibility rules in any NZ First deal
By Pattrick Smellie Sept. 26 (BusinessDesk) - Labour leader Jacinda Ardern recommitted her party to the budget responsibility rules that it signed up to pre-election with the Green Party, vowing that they would apply to any deal to form a government with the New Zealand First...
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