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NZ dollar rise from three-week low after better-than-expected Chinese manufacturing data
By Paul McBeth May. 22 (BusinessDesk) - The New Zealand dollar rose from a three-week low as better-than-expected Chinese manufacturing data lifted investors' confidence in the Australasian nations, which count the world's second-biggest economy as their biggest export market....
NZ inflation, interest rate expectations edge higher in RBNZ survey
By Paul McBeth May. 22 (BusinessDesk) - New Zealand inflation is expected to edge,up over the coming year and lead to higher interest rates as the economy gathers momentum, according to the Reserve Bank's latest quarterly survey. The consumers price index is seen rising to...
Dorchester pays first dividend in 7 years after meeting guidance with jump in profit
By Suze Metherell May. 22 (BusinessDesk) - Dorchester Pacific, the finance company whose shares have more than doubled since a capital restructure in 2010, posted full-year earnings growth that met last month's guidance and declared its first dividend in seven years. Net pr...