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While you were sleeping Fed support intact

While you were sleeping Fed support intact

By Margreet Dietz April 10 (BusinessDesk) – Wall Street rose, extending gains after the latest Federal Reserve meeting minutes eased concern that US policy makers had been planning to raise interest rates sooner than had been anticipated. The Fed released minutes from the March...

09 Apr 2014
MARKET CLOSE NZ shares rise on tech relief rally; Xero, Wynyard, SLI lift

MARKET CLOSE NZ shares rise on tech relief rally; Xero, Wynyard, SLI lift

By Suze Metherell April 9 (BusinessDesk) – New Zealand stocks snapped a two-day decline as a rally in the US saw tech stocks regain some lost ground. Xero, Wynyard Group, GeoOp and SLI Systems rose. Kathmandu Holdings jumped as a takeover of Australia’s David Jones lifted sentim...

09 Apr 2014
NZ dollar pares slide vs. yen on Australian home loan data, domestic outlook

NZ dollar pares slide vs. yen on Australian home loan data, domestic outlook

April 9 (BusinessDesk) - The New Zealand dollar rose from a two-week low against the yen, tracking the Australian dollar higher after stronger-than-expected home loan data across the Tasman lifted confidence about the Australian economy. The kiwi rose to 88.81 yen as at 5 pm in...

09 Apr 2014