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NZ dollar falls vs. A$ after better than expected Australian jobs growth

NZ dollar falls vs. A$ after better than expected Australian jobs growth

April 11 (BusinessDesk) - The New Zealand dollar extended its decline against its trans-Tasman counterpart after figures showed Australian unemployment unexpectedly fell last month. The kiwi fell as low as 92.11 Australian cents overnight, trading at 92.25 cents at 8am in Well...

10 Apr 2014
While you were sleeping Wall Street tumbles

While you were sleeping Wall Street tumbles

By Margreet Dietz April 11 (BusinessDesk) – Wall Street slumped as investors sold, yet again, biotech and internet stocks heading into the quarterly US earnings season, while Bed Bath & Beyond shares took a beating following disappointing results. Shares of Bed Bath & Beyond p...

10 Apr 2014
MARKET CLOSE NZ shares rise on broad based rally, Xero, Telecom, property stocks gain

MARKET CLOSE NZ shares rise on broad based rally, Xero, Telecom, property stocks gain

By Suze Metherell April 10 (BusinessDesk) – New Zealand stocks rose in a broad-based rally. Xero extended its gains, leading the benchmark index higher, while investors also returned to companies offering reasonable dividends, such as Telecom and property trusts. The NZX 50 I...

10 Apr 2014