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World Week Ahead Focus on US earnings
By Margreet Dietz Jan. 20 (BusinessDesk) – As the US corporate earnings season gathers steam, investors are keen to see that the latest results justify current valuation levels. First, on Monday, US markets will be closed for the Martin Luther King holiday. Companies reporti...
NZ dollar slips as Chinese shadow banking fears re-emerge ahead of economic data
Jan. 20 (BusinessDesk) - The New Zealand dollar fell as fears over China’s financial sector re-emerged on reports a troubled trust product won’t be bailed out, ahead of economic data which is expected to show the world’s second-biggest economy is still growing, albeit at a slowe...
MARKET CLOSE NZ shares drop; Fletcher, Kathmandu hurt by high kiwi, Hallenstein extends slide
By Suze Metherell Jan. 17 (BusinessDesk) – New Zealand shares dropped as the kiwi hit an eight-year high against the Australian dollar, weighing on companies that make sales across the Tasman such as Fletcher Building and Kathmandu Holdings. Apparel retailer Hallenstein Glasson...
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