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NZ dollar falls after Chinese growth misses expectations
By Paul McBeth April 15 (BusinessDesk) - The New Zealand dollar dropped half a US cent in local trading after Chinese figures showed the world's second biggest economy grew at a slower annual pace than expected in the first three months of the year. The kiwi fell to 85.04 US c...
Transport Minister Brownlee shortlists consortia for Transmission Gully
April 15 (BusinessDesk) - Transport Minister Gerry Brownlee has short-listed two groups to build the Transmission Gully road north of Wellington in a public-private partnership, with a goal to open the alternative route out of the capital city in 2020. The government will choo...
MARKET CLOSE NZ shares creep up despite weak China, US and gold
April 15 (BusinessDesk) - New Zealand stocks eked out small gains in trading at the start of the new week, reflecting weaker than expected economic data from both China and the US, although gold miners suffered most as the gold price continued to fall. The NZX50 Index of the top...