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CORRECT: Unlisted mulls FMA licence as deadline looms, NZX rival gets exemption

CORRECT: Unlisted mulls FMA licence as deadline looms, NZX rival gets exemption

(Fixes Craig Foss's title in fourth paragraph) By Suze Metherell July 14 (BusinessDesk) - Unlisted, the share trading platform run by Armillary Private Capital, is mulling an application to be a registered market or seek to be exempted ahead of a Dec. 1 rule change after ri...

14 Jul 2014
NZ dollar trades near 88 US cts for 3rd session ahead of Yellen, RBA minutes

NZ dollar trades near 88 US cts for 3rd session ahead of Yellen, RBA minutes

By Jonathan Underhill July 15 (BusinessDesk) - Federal Reserve chair Janet Yellen that may provide clues to the timing of interest rate rises in the world's biggest economy and ahead of the release of minutes of the last Reserve Bank of Australia meeting. "Investors...

14 Jul 2014
While you were sleeping: Dow climbs to record

While you were sleeping: Dow climbs to record

By Margreet Dietz July 15 (BusinessDesk) - Wall Street rose, pushing the Dow to a record high, as better-than-expected earnings from Citigroup bolstered optimism about the outlook for corporate profit growth in the world’s largest economy. In late afternoon trading in New Y...

14 Jul 2014