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NZ dollar jumps vs yen after Moody's cuts Japanese credit rating
By Tina Morrison Dec. 2 (BusinessDesk) - The New Zealand dollar jumped against the yen after credit ratings agency Moody’s Investors Service cut Japan’s credit rating, The kiwi touched 93.45 yen, its highest level since Nov. 21 when it reached a seven-year high of 93.68 yen...
While you were sleeping: China, US shoppers disappoint
By Margreet Dietz Dec. 2 (BusinessDesk) - Wall Street fell amid disappointing manufacturing data from China as well as Europe and after a report showed that the start of the US holiday sales season was weaker than expected. China’s manufacturing industry cooled in November,...
IOD head, William Whitaker, dies suddenly
By Pattrick Smellie Dec. 1 (BusinessDesk) - The recently appointed chief executive of the Institute of Directors, Dr William Whitaker, has died suddenly. The IOD website says Whitaker, who was appointed to the role in January, passed away on Nov. 30. No further detail ha...
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