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MARKET CLOSE NZ shares fall, led by Goodman Fielder, Telecom
By Hannah Lynch Aug. 16 (BusinessDesk) - New Zealand shares fell, led by Goodman Fielder after the company scotched media reports of a takeover offer and telecommunications company, Telecom declined from its highest level since August 2008. The NZX 50 Index fell 14.98 points,...
Dotcom wins bid for extradition evidence to prevent 'unfair hearing'
By Paul McBeth Aug. 16 (BusinessDesk) - Megaload founder Kim Dotcom has won access to extradition evidence held by the US government to prevent him facing an "unfair trial" in the High Court in Auckland today. Chief High Court Judge Helen Winkelmann granted Dotcom and his co-a...
NZ dollar little changed as patchy US data keeps QE3 on the table
By Paul McBeth Aug. 16 (BusinessDesk) - The New Zealand dollar was little changed as ‘patchy’ US data keeps markets prepped for the Federal Reserve to print more money, helping boost equities across the Asia Pacific. The kiwi traded at 80.59 US cents at 5pm in Wellington from...
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