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MARKET CLOSE NZ shares fall on China data, high kiwi

MARKET CLOSE NZ shares fall on China data, high kiwi

Jan. 6 (BusinessDesk) – New Zealand shares fell in light trading as data showed slower Chinese services sector activity and the kiwi held near recent highs against the Australian dollar and the yen. Kathmandu and Auckland International Airport paced the decline. The NZX 50 Inde...

06 Jan 2014
NZ dollar slips in light trading as Chinese services growth slows

NZ dollar slips in light trading as Chinese services growth slows

By Paul McBeth Jan. 6 (BusinessDesk) - The New Zealand dollar slipped as slowing growth in China’s services sector surprised investors in light trading today. The kiwi fell to 82.56 US cents at 5pm in Wellington from 82.81 cents at 8am and 82.72 cents on Friday in New York. T...

06 Jan 2014
Pernod Ricard NZ posts smallest loss since 2009 as write downs slow

Pernod Ricard NZ posts smallest loss since 2009 as write downs slow

By Paul McBeth Jan. 6 (BusinessDesk) - Pernod Ricard’s New Zealand unit posted its smallest annual loss since 2009 after ending three years of substantial writedowns. The New Zealand holding company, Millstream Equities, narrowed its loss to $9.6 million in the 12 months ended...

06 Jan 2014