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Key hoses down talk of Kiwi-Aussie joint approach to post-Brexit negotiations

Key hoses down talk of Kiwi-Aussie joint approach to post-Brexit negotiations

By Pattrick Smellie June 27 (BusinessDesk) - The New Zealand and Australian Prime Ministers discussed both countries' responses to the UK referendum to leave the European Union, although New Zealand's John Key was lukewarm on the potential for the two countries to collaborate...

Pattrick Smellie 27 Jun 2016
MARKET CLOSE: NZ shares bounce as Asian markets rise; Auckland Airport, Chorus, Genesis gain

MARKET CLOSE: NZ shares bounce as Asian markets rise; Auckland Airport, Chorus, Genesis gain

By Sophie Boot June 27 (BusinessDesk) - New Zealand shares bounced today as Asian markets traded strongly in the afternoon, with companies offering stable dividends attracting interest from investors wary about potential cuts to the official cash rate. Auckland International A...

Sophie Boot 27 Jun 2016
NZ dollar extends gains vs pound

NZ dollar extends gains vs pound

By Jonathan Underhill June 27 (BusinessDesk) - The New Zealand dollar extended its gains against the pound, reaching a new 2 1/2-year high as financial markets caught up with a full weekend of debate over the ramifications of the Brexit, including the risk that other European...