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NZ primary sector exports to rise 2.2% in 2014, accelerate through 2017
By Jonathan Underhill June 10 (BusinessDesk) – New Zealand’s primary sector exports may shrug off some of the lingering effects of drought to grow 2.2 percent in 2014, and accelerate through 2017 as growth in dairy makes up for subdued meat and wool trade. Exports of dairy, me...
NZ Super Fund quits backing nuclear base operators, clears ex-cluster munitions makers
June 10 (BusinessDesk) - The New Zealand Superannuation Fund has excluded seven companies with operations in nuclear bases from its $22 billion portfolio, while clearing the return for four firms which had previously been excluded for their involvement in cluster munitions. Th...
NZ dollar slumps to 11-month after US jobs growth beats expectations
By Tina Morrison June 10 (BusinessDesk) – The New Zealand dollar dropped to its lowest in almost 11 months after a US jobs report showed the world’s largest economy is recovering, spurring demand for the greenback. The kiwi slid to as low as 78.20 US cents, its weakest since Ju...
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