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Dairy product prices gain 0.5 percent in GDT auction, led by butter, whole milk powder
Feb. 5 (BusinessDesk) - Dairy product prices rose in the second GlobalDairyTrade auction in a row, led by butter and whole milk powder, while volumes continued to retreat. The GDT Price Index increased 0.5 percent from the last sale two weeks ago. The average winning price was U...
While you were sleeping Wall Street sees value
By Margreet Dietz Feb 5 (BusinessDesk) – Wall Street gained as some investors found value in equities after the recent slide amid optimism about US corporate profits and economic growth. In afternoon trading in New York, the Standard & Poor’s 500 Index rose 0.85 percent, follow...
MARKET CLOSE NZ Stocks drop in global crimp, Xero, Trade Me fall
Feb. 4 (BusinessDesk) – New Zealand stocks fell, tracking a global decline, as investors’ fears of faltering economic recovery were exacerbated by poor manufacturing data in the US, and China. Xero led the market lower, with Trade Me Group and Port of Tauranga pacing the decline...
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