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NZ dollar holds ahead of RBNZ review as greenback advances
By Tina Morrison Oct 31 (BusinessDesk) – The New Zealand dollar held its ground ahead of a Reserve Bank decision on interest rates today after the Federal Reserve was more upbeat than expected in its assessment of the world’s largest economy, prompting US dollar buying. The kiw...
While you were sleeping Fed maintains stimulus pending evidence of pickup
Oct. 31 (BusinessDesk) - The Federal Reserve kept its US$85 billion-a-month of bond buying in place as expected, saying it wants more signs of the world’s biggest economy is picking up, given recent weak data and the budget impasse in Washington. “Available data suggest that ho...
40 new jobs at Trade Me as site and app development pick up
By Pattrick Smellie Oct. 30 (BusinessDesk) – Trade Me expects to invest more in the next year to inject higher growth into its general items auctions and expand its new goods offerings, chief executive Jon Macdonald told the annual shareholders’ meeting in Wellington. Approxim...
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