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MARKET CLOSE: NZ shares rise as earnings outlook lifts Kathmandu; Tower flags costs
By Sophie Boot Nov. 20 (BusinessDesk) - New Zealand shares rose after Kathmandu Holdings reported first-quarter margin growth and affirmed its full-year target, while Tower fell after warning that increased costs would dent profit. The S&P/NZX 50 Index rose 13.27 points, or...
Innovation, adaptability key to corporate sustainability, ESG pioneer says
By Fiona Rotherham Nov. 20 (BusinessDesk) - Two important factors often ignored by investors when assessing companies are innovation capacity and adaptability and responsiveness despite the pace of technological change which makes them increasingly critical, says Matthew Kiern...
NZ dollar heads for 0.6% weekly gain as gradual rise in US rates take sheen off greenback
By Paul McBeth Nov. 20 (BusinessDesk) - The New Zealand dollar is heading for a 0.6 percent gain this week as the prospect of US interest rates grinding higher at a slower pace than expected took the sheen off a greenback that reached an eight-month high. The kiwi was at 65...
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