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NZ dollar consolidates after falling late last week
Jan 14 (BusinessDesk) - The New Zealand dollar nudged higher on Monday after falling late last week and a test of higher levels is in prospect this week if data is supportive. The kiwi was at 84.02 US cents at 5pm, up from 83.71 US cents at 8am but still down from 84.25 US cents...
Trans-Pacific telecom cable prices cut again
By Pattrick Smellie Jan 14 (BusinessDesk) - The price of internet connection to the rest of the world is dropping again as New Zealand's only international cable owner, Southern Cross Cables, announces a 20 percent cut in its capacity prices. However, critics of the single carr...
Blue Star looks forward from horror accounts
By Pam Graham Jan 14 (BusinessDesk) – The former owners of Blue Star Group have swallowed a $173 million goodwill write-off and don’t look to be getting much from the sale of assets as the Australasian printing company is broken up. But the future of New Zealand’s largest comm...
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