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While you were sleeping ADP jobs bolster Fed bets
By Margreet Dietz Dec. 5 (BusinessDesk) – Wall Street fell after stronger-than-expected US private jobs data raised concern the Federal Reserve might begin tapering its bond-buying programme sooner than anticipated. An ADP report showed private employers added 215,000 new jobs...

MARKET CLOSE NZ shares fall; Diligent tumbles, MightyRiverPower, Meridian fall
Dec. 4 (BusinessDesk) – New Zealand shares fell as investors punished Diligent Board Member Services for delaying its financial statements again and election-linked regulatory fears continued to weigh on power companies such as MightyRiverPower, Contact Energy and Meridian Energ...

NZ dollar touches new 5-year high vs. A$ on weak Aussie GDP
By Paul McBeth Dec. 4 (BusinessDesk) - The New Zealand dollar reached a fresh five-year high against its trans-Tasman counterpart after figures showed Australia’s economy grew less than expected in the third quarter. The kiwi rose as high as 90.54 Australian cents in the loca...