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NZ dollar falls as US, North Korean tensions ease, stoking risk appetite
By Paul McBeth Aug. 15 (BusinessDesk) - The New Zealand dollar fell against the greenback as cooling panic over tensions between the US and North Korea reinvigorated risk appetite, prompting a recovery in stocks on Wall Street. The kiwi declined to 72.86 US cents as at 8am...
While you were sleeping: Wall St rebounds
By Margreet Dietz Aug. 15 (BusinessDesk) - Wall Street climbed as investors found value in some stocks following last week’s declines. Wall Street's fear gauge—the CBOE Volatility Index or the VIX—dropped 20.3 percent to 12.36 as concern that tensions between the US and No...
Opus International lifts first-half profit as NZ gains offset rest-of-world losses
By Jonathan Underhill Aug. 14 (BusinessDesk) - Opus International Consultants, whose shares soared today on a takeover offer at an 87 percent premium, posted an improved first-half profit as a gain in Australia and New Zealand made up for losses in other regions. Adjusted n...
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