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NZ dollar falls after Chinese growth misses expectations

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...

15 Apr 2013
Transport Minister Brownlee shortlists consortia for Transmission Gully

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...

15 Apr 2013
MARKET CLOSE NZ shares creep up despite weak China, US and gold

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...

15 Apr 2013