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While you were sleeping: JPMorgan Chase, Citigroup fall
By Margreet Dietz Oct. 13 (BusinessDesk) - Wall Street slipped, after touching record highs earlier in the day, as shares of JPMorgan Chase and those of Citigroup fell after the US banks posted quarterly earnings. Shares of JPMorgan Chase traded 0.8 percent weaker as of 2.3...
MARKET CLOSE: NZ shares rise as Synlait hits new record; F&P Health gives up gains
By Sophie Boot Oct. 12 (BusinessDesk) - New Zealand shares rose as overseas investors continue to chase export-orientated growth stocks, with Synlait Milk and Xero extending gains while taking booking profits from Fisher & Paykel Healthcare's recent rally. The S&P/NZX50 In...
NZ dollar holds gains as Fed minutes raise questions on US rates; government awaited
By Paul McBeth Oct. 12 (BusinessDesk) - The New Zealand held on to earlier gains through the local trading session as minutes to the last US Federal Reserve policy review raised questions about the pace of future interest rate hikes, and as the formation of the next New Zealan...