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While you were sleeping: Scotland spooks markets
By Margreet Dietz Sept. 9 (BusinessDesk) - Equities on both sides of the Atlantic fell, along with oil and gold, while the US dollar climbed to a 14-month high against the euro on optimism about the American economy and concern about a vote for Scottish independence. A poll...
Kirkcaldie to net $21.65 mln from Harbour City Centre sale
By Paul McBeth Sept. 8 (BusinessDesk) - Kirkcaldie & Stains, the upmarket Wellington department store, will net $21.65 million from the sale of its Harbour City Centre on the city's premier Lambton Quay location. The company agreed to sell the iconic, recently upgraded inn...
PM Key sees more TPP traction after US mid-terms
By Paul McBeth Sept. 8 (BusinessDesk) - New Zealand Prime Minister John Key expects the US federal government to start throwing its weight behind concluding the Trans-Pacific Partnership regional trade and investment agreement once it gets past its mid-term Senate and Congress...