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MARKET CLOSE NZ shares rise; Auckland Airport, SkyCity, Fletcher gain
July 10 (BusinessDesk) – New Zealand shares rose, pushing the NZX 50 Index to a new two-month high as Auckland International Airport announced increased traffic with Asia, SkyCity Entertainment rose and Fletcher Building benefited from offshore interest. The NZX 50 gained 33.07...
Govt sides with Land and Water Forum on key policy decisions
By Pattrick Smellie July 10 (BusinessDesk) – Local communities will be given the option of using collaborative processes to determine regional freshwater allocation and policies, in the first decisions to emerge from a five year process to reform the management of freshwater res...
NZ dollar climbs to 5-week high on TWI basis as euro-zone, UK look shaky
By Paul McBeth July 10 (BusinessDesk) - The New Zealand dollar climbed above 75 on a trade-weighted basis for the first time in five weeks as weakness in the European and British economies comes back into focus. The kiwi TWI rose as high as 75.40, trading at 75.16 at 5pm in We...