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NZF extends deadline for possible reverse listing
By Suze Metherell Oct. 3 (BusinessDesk) - NZF, the listed financial services shell company whose major noteholder blocked a liquidation move by the board earlier this year, has pushed back the deadline for a possible reverse listing with an unidentified business. The Auckl...
NZ dollar pops above 79 US cents, pulled along by stronger euro
By Tina Morrison Oct. 3 (BusinessDesk) - The New Zealand dollar was pulled upwards by a strengthening euro after the European Central Bank failed to detail the size of its upcoming bond purchase plan, curbing bets it would expand its balance sheet enough to weaken the currency...
While you were sleeping: Stocks drop, euro gains
By Margreet Dietz Oct. 3 (BusinessDesk) - European stocks dropped, while the euro strengthened, as the European Central Bank disappointed investors with a lack of details about its asset purchase plan aimed at kickstarting the euro-zone’s flagging economy. ECB President Mar...
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