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NZ economy probably picked up pace in 1Q on dairy, meat processing
By Jonathan Underhill June 18 (BusinessDesk) – The New Zealand economy probably continued to pick up pace in the first quarter, reflecting record milk production and increased livestock sent for slaughter, affirming the nation remains on a modest recovery track. Gross domestic...
NZ dollar rises as Greece's New Democracy party takes the lead
By Hannah Lynch June 18 (BusinessDesk) - The New Zealand dollar rose after Greece’s New Democracy party opened up a narrow lead in the second round of elections, with the result likely to see the indebted nation stay in the euro-zone. The New Zealand dollar rose to 78.88 US ce...
World Week Ahead: Central banks on radar
By Margreet Dietz June 18 (BusinessDesk) - Eyes are on the world’s major central banks as investors have been reassured that the outcome of Sunday’s elections in Greece – which will become clearer within the next few hours – won’t be allowed to send financial markets into a tai...
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