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MARKLET CLOSE NZ shares rise, Fletcher at 7-month high, Trade Me gains
Sept. 4 (BusinessDesk) – New Zealand shares rose, as Fletcher Building gained to a 7-month high on signs of life in the Australian economy and amid perceptions the local market offers reasonably attractive dividend yields in a world of low interest rates. The NZX 50 Index rose...
Kim Dotcom resigns Mega directorship
By Paul McBeth Sept. 4 (BusinessDesk) - Flamboyant internet entrepreneur Kim Dotcom has resigned as a director of his Mega data storage empire to focus on his efforts on fighting extradition to the United States and other projects. Dotcom resigned as a director of Mega on Aug...
NZ dollar falls vs. Aust as growth across the Tasman reduces rate cut talk
By Paul McBeth Sept. 4 (BusinessDesk) - The New Zealand dollar extended its decline against its trans-Tasman counterpart after faster-than-expected second-quarter growth in Australia dulled expectations that country’s Reserve Bank will have to cut interest rates further. The k...
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