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NZ dollar rises to near 8-week high as markets mull US jobs data

NZ dollar rises to near 8-week high as markets mull US jobs data

By Paul McBeth Jan. 14 (BusinessDesk) - The New Zealand dollar rose to its highest level since late November as markets continued to gauge whether last Friday’s weak US employment figures will weigh on the Federal Reserve’s plans to scale back its bond buying programme. The k...

13 Jan 2014
While you were sleeping Lululemon slides

While you were sleeping Lululemon slides

By Margreet Dietz Jan. 14 (BusinessDesk) – Wall Street declined as investors awaited a slew of US corporate earnings to gauge whether, and for which companies, the pickup in the economic recovery has translated to an improvement in the bottom line. In afternoon trading in New...

13 Jan 2014
MARKET CLOSE NZ shares gain on growth outlook; Fletcher, Healthcare, Wynyard rise

MARKET CLOSE NZ shares gain on growth outlook; Fletcher, Healthcare, Wynyard rise

By Suze Metherell Jan. 13 (BusinessDesk) – New Zealand shares rose, pushing the NZX 50 Index to a two-month high, on optimism the market will extend a two-year rally in the face of stronger economic growth. Fletcher Building, Fisher & Paykel Healthcare and Wynyard Group paced t...

13 Jan 2014