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NZ Dollar Outlook Kiwi's fate at mercy of political tensions, global growth
By Tina Morrison March 3 (BusinessDesk) – The New Zealand dollar is likely to be driven by escalating tensions between Ukraine and Russia in the next few days. Should the dispute stabilise, attention will turn to the performance of the Chinese and US economies later in the week....
Snakk Media lifts sales by 58 percent in third quarter, says high kiwi curbed gains
By Suze Metherell March 3 (BusinessDesk) – Snakk Media, which matches advertisers with apps and social media, said third-quarter sales rose 58 percent, and would have been even higher if not for the exchange rate with Australia, which accounts for 90 percent of revenue. Sales...
NZ terms of trade reaches new 40-year high in 4th-qtr as import prices fall
March 3 (BusinessDesk) - New Zealand’s terms of trade rose to a 40-year high for the second straight quarter in the final three months of 2013 as import prices fell more than export prices. On a volume measure, dairy products led exports higher while imports were unchanged. Ter...
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