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NZ dollar holds above 81 US cts as tepid Japanese growth curbs risk appetite
By Paul McBeth Aug. 13 (BusinessDesk) - The New Zealand dollar held above 81 US cents in local trading after weak Japanese growth figures, as investors await data on gross domestic product for the euro zone. The kiwi was little changed at 81.16 US cents at 5pm in Wellington fr...
Reading's NZ cinemas get boost from reopened Christchurch complex, flags Taupo sale
By Paul McBeth Aug 13 (BusinessDesk) - Reading International, the Nasdaq-listed cinema chain, reported a boost in patrons to its New Zealand theatres in the June quarter after reopening its Christchurch Palms complex following last year's earthquake. An extra 68,000 admissions...
JB Hi-Fi's NZ stores post first operating profit as local unit boosts sales by 18 percent
By Paul McBeth Aug. 13 (BusinessDesk) - Discount electronic goods retailer JB Hi-Fi's New Zealand stores reported the first operating profit in five years as local sales climbed 18%, more than for the entire Australian group. The Victoria-based company's 13 New Zealand stores...
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