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NZ dollar gains as improving US economy prompts investors to take on more risk

NZ dollar gains as improving US economy prompts investors to take on more risk

By Tina Morrison June 14 (BusinessDesk) – The New Zealand dollar gained as signs of an improving US economy prompted investors to take on more risk, boosting equity markets and damping demand for gold and silver. The kiwi rose to 80.86 US cents from 79.20 cents at the 5pm marke...

13 Jun 2013
NZ government, SkyCity extend deadline for deal on $402M convention centre

NZ government, SkyCity extend deadline for deal on $402M convention centre

By Paul McBeth June 14 (BusinessDesk) - The New Zealand government and SkyCity Entertainment Group are giving themselves another fortnight to cut a deal on the terms for the casino and hotel operator to build a $402 million convention centre in Auckland in exchange for regulator...

13 Jun 2013
While you were sleeping Retail sales, jobs lift stocks

While you were sleeping Retail sales, jobs lift stocks

By Margreet Dietz June 14 (BusinessDesk) - Stocks climbed as the latest data on US retail sales and jobs bolstered hope that the world's largest economy might be on track for a sustainable recovery. Retail sales rose a better-than-expected 0.6 percent last month after a 0.1 per...

13 Jun 2013