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NZ dollar weakens as greenback buoyed by economic optimism
By Tina Morrison May. 26 (BusinessDesk) - The New Zealand dollar fell as positive US economic data strengthened the greenback and some investors reduced their holdings of the local currency on concern about falling commodity prices. The kiwi slipped to 85.36 US cents at 8am...
World Week Ahead: US GDP, consumer confidence
By Jonathan Underhill May. 26 (BusinessDesk) - By Margreet Dietz , May 26 (BusinessDesk) – A slew of US economic reports including data on housing, consumer confidence, and a second estimate for first-quarter gross domestic product will capture the attention of investors...
Test story for Yahoo
By Pattrick Smellie May. 24 (BusinessDesk) - A message from Pattrick Smellie, BusinessDesk, to Stacey Hunt at Yahoo! to test whether messages are reaching her editorial queue (BusinessDesk)