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World Week Ahead Eyes on US earnings
By Margreet Dietz April 22 (BusinessDesk) – Wall Street has begun this week by extending their gains ahead of the Easter break with investors increasingly positive on the outlook for corporate earnings and the world’s biggest economy. Over four trading days last week, the Dow...
Falling dairy prices, high kiwi and milder inflation may temper RBNZ’s OCR track
April 22 (BusinessDesk) – The Reserve Bank of New Zealand is set to raise its benchmark interest rate for the second time in as many months although the ground has shifted slightly since it began tightening in March, with dairy prices tumbling and inflation printing weaker than...
MARKET CLOSE NZ shares rise as Genesis debut sparks energy rally; Meridian, MRP, Contact gain
By Suze Metherell April 17 (BusinessDesk) – New Zealand stock rose after shares in the partially privatised Genesis Energy soared as much as 18 percent in its debut listing on the NZX, buoying other listed energy companies in the process. Meridian Energy, MightyRiverPower, Cont...
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