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NZ dollar heads for 1.3% weekly gain vs. greenback after Fed warning
By Paul McBeth Oct. 10 (BusinessDesk) - The New Zealand dollar is heading for a 1.3 percent weekly gain against the greenback after the Federal Reserve warned a stronger US currency poses a risk to its economic recovery. The kiwi traded at 78.61 US cents at 5pm in Wellingto...
IRD taps Accenture as preferred provider for digital re-design, ahead of IT overhaul
By Suze Metherell Oct. 10 (BusinessDesk) - The New Zealand Inland Revenue Department has named consultancy group Accenture as its preferred partner for the first stage of a complete overhaul of operations. The international management and consultancy group is in negotiation...
Shariah-compliant KiwiSaver scheme makes good returns for ethical investors
By Fiona Rotherham Oct. 10 (BusinessDesk) - The fledgling Amanah KiwiSaver which is based on Islamic Shari’ah investment principles has made a 13.3 percent return for the three months ending Sept. 30. The Auckland-based scheme, set up as the only one of its type in March, a...
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