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NZ dollar touches month-high vs. sterling after BOE talks down currency
By Tina Morrison March 11 (BusinessDesk) – The New Zealand dollar touched a month-high against the British pound after a Bank of England official talked down the value of sterling. The kiwi rose as high as 50.92 British pence early this morning, matching the level it reached a...
While you were sleeping China hits stocks, copper
By Margreet Dietz March 11 (BusinessDesk) – Stocks and commodities including copper and iron ore fell after a surprise drop in China’s exports bolstered concern about the slowing growth in the world’s second-largest economy. China’s exports sank 18.1 percent in February from a...
MARKET CLOSE NZ shares fall Fletcher and Air NZ drop, Warehouse, MRP go ex-div
By Suze Metherell March 10 (BusinessDesk) – New Zealand stocks fell as a drop in Chinese exports and producer prices weighed on equity markets across the Asia Pacific region. Fletcher Building and Air New Zealand paced the decline, and Warehouse Group, MightyRiverPower and Hear...
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