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NZ dollar falls to two-week low vs. yen as investors wind back bets on BOJ stimulus
By Tina Morrison April 9 (BusinessDesk) – The New Zealand dollar fell to a two-week low against the yen as investors pared back expectations the Bank of Japan will soon introduce more stimulus. The kiwi fell as low as 88 yen this morning, and was trading at 88.15 yen at 8am fr...
While you were sleeping Rebound in Nasdaq
By Margreet Dietz April 9 (BusinessDesk) – Wall Street gained, following a three-day slump, as investors found value in the same stocks that had been sold off recently. Shares of Yahoo! rose 4 percent, Google added 3.1 percent, while Facebook gained 2.3 percent, rebounding from...
Mining lobby seeks less regulatory confusion, freer hand for explorers
By Pattrick Smellie April 8 (BusinessDesk) – The mining industry lobbyist, Straterra, is calling for improved administration of New Zealand’s environmental and minerals regulations and wants the low-impact activities of mineral prospecting and exploration made automatically perm...
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