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World Week Ahead: Focus on US housing, GDP

World Week Ahead: Focus on US housing, GDP

By Margreet Dietz Sept. 22 (BusinessDesk) - A fresh commitment from US Federal Reserve policy makers to maintain its supportive stance for the accelerating pace of growth in the world’s economy has brightened the outlook for Wall Street and the greenback.   This Friday, a r...

21 Sep 2014
NZ dollar gains, stocks likely to cheer National's outright victory

NZ dollar gains, stocks likely to cheer National's outright victory

Sept. 22 (BusinessDesk) - The New Zealand dollar rose and local stocks may follow after the National Party won an outright election victory, removing the risk of minor parties forcing through policies unpopular with financial markets. National could govern alone based on the u...

21 Sep 2014
George Kerr to dilute stake in Pyne Gould share issue

George Kerr to dilute stake in Pyne Gould share issue

By Paul McBeth Sept. 19 (BusinessDesk) - Pyne Gould Corp's managing director George Kerr will dilute his stake in the financial services firm if it goes ahead with a planned share issue, which will increase its stake in Equity Partners Infrastructure Co No 1, the so-called EPI...

19 Sep 2014