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ASX-listed Raisama quits Kakapo farm-in partnership with NZOG
Feb. 13 (BusinessDesk) - ASX-listed Raisama Energy has backed out of its 10 percent interest in the Kakapo oil and gas prospect in Taranaki, preferring opportunities in Asia instead. The Perth-based company said it has written to partner NZOG Developments, a subsidiary of New...
NZ dollar rises on G-7’s statement stumble, increased risk appetite
Feb. 13 (BusinessDesk) – The New Zealand dollar rallied above 84 US cents after a Group of Seven leading nations' official said the body was concerned about excessive moves in the yen, leading to broad selling of the greenback and lifting so-called riskier currencies. The New Z...
While you were sleeping Earnings optimism
By Margreet Dietz Feb 13 (BusinessDesk) - Wall Street advanced amid better-than-expected earnings from companies including Avon Products as investors await fresh clues on President Barack Obama's plans to fuel the recovery of the world's largest economy in his State of the Union...