All News

NZ dollar advances in volatile trading as investors weigh US tapering, stronger local economy

NZ dollar advances in volatile trading as investors weigh US tapering, stronger local economy

By Tina Morrison Aug 16 (BusinessDesk) – The New Zealand dollar advanced in volatile trading as investors weighed the likelihood of the US reducing monetary stimulus next month, which is positive for the US dollar, against upbeat local data, which is underpinning the New Zealan...

15 Aug 2013
While you were sleeping Jobless claims confirm taper

While you were sleeping Jobless claims confirm taper

By Margreet Dietz Aug 16 (BusinessDesk) - Equities on both sides of the Atlantic dropped after the latest US jobless data fuelled expectations the Federal Reserve will announce plans to begin cutting back its bond-buying program at its meeting next month. Initial claims for une...

15 Aug 2013
MARKET CLOSE NZ shares rise as Nuplex meets expectations, AMP lifts earnings

MARKET CLOSE NZ shares rise as Nuplex meets expectations, AMP lifts earnings

Aug. 15 (BusinessDesk) – New Zealand shares rose as Nuplex Industries posted a drop in full-year earnings that met expectations and AMP boosted first-half profit. Michael Hill International rose ahead of its full-year results tomorrow. The NZX 50 Index rose 5.674 points, or 0.1...

15 Aug 2013