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NZ lamb prices lift; weak demand likely to weigh on future returns
By Tina Morrison Oct. 10 (BusinessDesk) - New Zealand lamb meat prices advanced last month on lower supplies but analysts expect the uplift will be temporary due to weak demand in the UK market, where around two thirds of the country's lamb legs are exported. The benchmark...
World Week Ahead: Earnings and Yellen
By Margreet Dietz Oct. 10 (BusinessDesk) - The latest US quarterly earnings season and a speech by Federal Reserve Chair Janet Yellen on Friday, days after the minutes from the September Fed meeting are released, are poised to dominate this week. Yellen will speak at a conf...
NZ dollar gains vs. British pound after sterling 'flash crash'
By Paul McBeth Oct. 10 (BusinessDesk) - The New Zealand dollar gained against the British pound as investors continue to weigh up the impact of the UK's exit from the European Union, triggering a brief slump in sterling on Friday. The kiwi rose to 57.78 British pence at 8:...
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