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World Week Ahead: Dancing on US debt ceiling
By Margreet Dietz Sept. 4 (BusinessDesk) - Investors will eye the return of Congress on Tuesday and its ability to stave off a US default by raising the country’s federal debt ceiling, while they will also watch a European Central Bank policy meeting for a potential decision t...
MARKET CLOSE: NZ shares mixed, reduced trading expected ahead of election; A2, Fisher & Paykel up, Auckland Airport down
By Sophie Boot Sept. 1 (BusinessDesk) - New Zealand shares were mixed, with A2 Milk Co and Fisher & Paykel Healthcare gaining, while blue-chips Auckland International Airport and Spark New Zealand declined. The S&P/NZX50 Index gained 4.88 points, or 0.06 percent, to 7,821.9...
NZ dollar sheds 4.5% in August, 1% this week; election now in focus
By Rebecca Howard Sept. 1 (BusinessDesk) - The New Zealand dollar is heading for a 1 percent decline this week after shedding 4.5 percent in August as election uncertainty rises with the latest political polls. The kiwi was trading at 71.66 as at 5pm in Wellington versus 7...
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