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While you were sleeping: Home Depot lifts market
By Margreet Dietz Aug. 20 (BusinessDesk) - Wall Street gained after a report showed US housing starts rose to the highest level in eight months, while Home Depot posted better-than-expected earnings, bolstering hope that the American real estate market is finally showing signs...
MARKET CLOSE: NZ shares rise as kiwi falls vs. AUD; Fletcher, Spark advance
By Suze Metherell Aug. 19 (BusinessDesk) - New Zealand shares rose, paced by companies with trans-Tasman exposure such as Fletcher Building, Westpac Banking Corp and Australian and New Zealand Banking Group, as the kiwi dropped versus the Australian dollar.. The NZX 50 Ind...
NZ dollar break below 90.50 Australian cts ahead of dairy auction
By Jonathan Underhill Aug. 19 (BusinessDesk) - The New Zealand dollar fell below a key support level against the Australian dollar and weakened against the greenback as traders took advantage of weaker producer prices and and government economic forecasts to sell the kiwi ahea...
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