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While you were sleeping Wall Street off to good start
By Margreet Dietz Aug 7 (BusinessDesk) - Stocks advanced on both sides of the Atlantic as most US companies seem to have escaped the latest quarterly earnings season relatively unscathed, while there are reasons to be optimistic that Europe's sovereign debt crisis is being kept...
Government buckles to green pressure, changes EEZ Bill
By Pattrick Smellie Aug. 6 (BusinessDesk) - The government has stepped back from a key part of its pro-growth agenda, softening the purpose clause in the bill permitting economic development in New Zealand's vast Exclusive Economic Zone. With the EEZ and Continental Shelf (Env...
MARKET CLOSE NZ shares join global rally, paced by Telecom, Fletcher
Aug. 6 (BusinessDesk) - New Zealand stocks joined a region-wide rally after better-than-expected employment data in the US eased investors' concerns that global growth is slowing. The advance was paced by the biggest stocks on the bourse, Telecom and Fletcher Building. The NZX...
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