All News
MARKET CLOSE NZ stocks fall as Xero’s growth falters
By Suze Metherell April 2 (BusinessDesk) – New Zealand shares fell for a third day, paced by Xero as investors turned away from the high growth stock after an analyst revised their forecasted subscription rate for the company. Outside the benchmark index Synlait Milk fell on we...
Commerce Commission delays court filings in interest rates swap case
April 2 (BusinessDesk) - The Commerce Commission has pushed out its deadline to file proceedings against three Australian-owned banks over their sale of interest rate swap contracts to farmers, saying it’s looking at new information. The regulator had previously expected to fil...
NZ dollar drops as weak dairy auction spurs speculation on rate hikes
By Paul McBeth April 2 (BusinessDesk) - The New Zealand dollar fell after weaker prices at the Fonterra Cooperative Group’s online auction spurred speculation the Reserve Bank may not hike interest rates as aggressively as anticipated this year. The kiwi dropped to 86.01 US ce...
Prev
