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While you were sleeping: EU spurs Greeks to move fast

While you were sleeping: EU spurs Greeks to move fast

By Margreet Dietz June 20 (BusinessDesk) - Expectations that the US Federal Reserve will announce measures tomorrow to prop up the flagging expansion bolstered Wall Street. Also helping the mood were indications that the European Union is motivating Greek parties to form a new...

19 Jun 2012
Whole milk power gains in Fonterra’s GDT auction as overall price index slips

Whole milk power gains in Fonterra’s GDT auction as overall price index slips

June 20 (BusinessDesk) - Whole milk powder rose in Fonterra’s latest GlobalDairyTrade auction, even as overall prices of dairy products slipped, keeping the price index at its highest level since April 3. The GDT-TWI Price Index fell 0.5 percent compared to the last sale in ear...

19 Jun 2012
MARKET CLOSE: NZ shares rise, pushing NZX 50 to month high

MARKET CLOSE: NZ shares rise, pushing NZX 50 to month high

June 19 (BusinessDesk) - New Zealand shares rose pushing the NZX 50 index to its highest level this month, as cloud-based accounting firm Xero benefited from its inclusion in the benchmark index while Air NZ rose after announcing a new chief executive. The NZX 50 rose 24.70 poi...

19 Jun 2012