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While you were sleeping: Nasdaq touches record high
By Margreet Dietz Sept. 23 (BusinessDesk) - Wall Street climbed, pushing the Nasdaq to a fresh intraday record high, as investors repositioned themselves after the US Federal Reserve kept its target interest rate steady and hinted at a potential December hike. "Lower for l...
RESEND: MARKET CLOSE: NZ shares gain after central banks hold rates, led by Ebos, Tower and Orion Health
(RESEND: Late settling of the index, updates figures par 2. All other stock specific numbers unchanged) By Sophie Boot Sept. 22 (BusinessDesk) - New Zealand shares gained as investors took comfort after central banks made no interest rate moves, with Ebos Group, Tower and O...
NZ dollar gains as central banks meet market expectations, dairy outlook brightens
By Jonathan Underhill Sept. 22 (BusinessDesk) - The New Zealand dollar rose after the US Federal Reserve and the Reserve Bank kept interest rates on hold, as expected, keeping the kiwi on track to shed some of its yield advantage later in the year. The kiwi rose to 73.29 US...
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