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While you were sleeping: Wall Street moves higher

While you were sleeping: Wall Street moves higher

By Margreet Dietz Aug. 12 (BusinessDesk) - Wall Street advanced as geopolitical concerns eased, allowing investors to shift their attention to better-than-expected US corporate earnings and rising optimism about the outlook for the world’s largest economy. In late afternoon...

11 Aug 2014
RESEND: MARKET CLOSE: NZ stocks mixed as investors wait on earnings, NZX gains on 1H lift

RESEND: MARKET CLOSE: NZ stocks mixed as investors wait on earnings, NZX gains on 1H lift

(Adds turnover in second paragraph) By Suze Metherell Aug. 11 (BusinessDesk) - New Zealand share were mixed as investors waited on earnings season to justify the relatively high valuation of companies. NZX rose after reporting first-half earnings while SkyCity Entertainment...

11 Aug 2014
NZ dollar little changed as yield advantage offsets risk aversion

NZ dollar little changed as yield advantage offsets risk aversion

By Paul McBeth Aug. 11 (BusinessDesk) - The New Zealand dollar was little changed as the currency's relatively attractive yield helped underpin the currency in the face of heightened risk aversion among investors. The kiwi traded at 84.67 US cents at 5pm in Wellington f...

11 Aug 2014