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Datacom boosts profit 43% as strong NZ growth offsets weaker Australia, Asia
By Suze Metherell Sept. 1 (BusinessDesk) - Datacom Group, the privately-held IT services firm, boosted annual earnings by 43 percent as gains in New Zealand offset a weaker Australian market and reduced Asian revenue after the sale of a call centre. Profit after tax was $...
NZ Dollar Outook: Kiwi may decline this week as weaker data weighs
By Tina Morrison Sept. 1 (BusinessDesk) - The New Zealand dollar may decline this week as weaker commodity prices and building activity weigh on the local currency, while US data continues to improve. The kiwi will probably trade between 82.20 US cents and 84.50 cents this...
NZ terms of trade sets new 40-year high as cheaper imports offset falling exports
By Suze Metherell Sept. 1 (BusinessDesk) - New Zealand's terms of trade held at a 40-year high in the second quarter, as a high New Zealand dollar pushed down the price of imports, offsetting a decline in exports. Terms of trade, which measures the quantity of imports the c...
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