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NZ dollar rises to record vs. ruble after central bank scales back intervention

NZ dollar rises to record vs. ruble after central bank scales back intervention

By Tina Morrison Nov. 7 (BusinessDesk) - The New Zealand dollar rose to a record against the Russian ruble amid tensions with Ukraine and after the country's central bank this week scaled back its currency intervention policy. The kiwi touched a record 36.07 ruble, and was...

06 Nov 2014
India FTA talks back on after agriculture ministers meet

India FTA talks back on after agriculture ministers meet

By Pattrick Smellie in Mumbai Nov. 7 (BusinessDesk) - Stalled free trade negotiations with India have taken a positive step forward with a commitment from the Indian Agriculture Minister, Radha Mohan Singh, to schedule the next round of talks following a meeting in New Delhi w...

06 Nov 2014
While you were sleeping: ECB boosts sentiment

While you were sleeping: ECB boosts sentiment

By Margreet Dietz Nov. 7 (BusinessDesk) - Wall Street advanced, pushing the Dow and the S&P 500 to record highs, after the European Central Bank announced plans for more stimulus in its efforts to bolster the flagging euro-zone economy. ECB President Mario Draghi confirmed...

06 Nov 2014