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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...
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...
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...