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While you were sleeping US manufacturing delivers
By Margreet Dietz April 2 (BusinessDesk) – Equities advanced, pushing the Standard & Poor’s 500 Index to a record high, as the latest manufacturing data showed that the US economic recovery remained on track. The Institute for Supply Management’s index increased to 53.7 in Marc...
Dairy product prices tumble 8.9 percent, biggest drop since August 2012
April 2 (BusinessDesk) - Dairy product prices had the biggest drop in almost 20 months at Fonterra Cooperative Group's latest GlobalDairyTrade auction as whole milk powder fell to its lowest level in more than a year. The GDT price index dropped 8.9 percent to US$4,124 a tonne...
MARKET CLOSE NZ growth stocks fall as investors raise cash for Genesis; Pacific Edge, Xero drop
By Suze Metherell April 1 (BusinessDesk) – New Zealand shares fell as investors took the opportunity to take profit from high-growth stocks to raise cash ahead of the government’s public listing of Genesis Energy. Pacific Edge, Diligent Board Members Services, A2 Corp and Xero d...
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