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CORRECT Auckland Film Studios profit on Hollywood blockbuster
By Hannah Lynch (Corrects net profit in second paragraph to include property revaluations, fixes chairman's name in 4th, gives group results in 9th in story that first ran on Sept. 13) Sept. 13 (BusinessDesk) - Local government-owned Auckland Film Studios returned to profit as...
NZ dollar climbs above 83 US cents after Fed unveils QE3
By Hannah Lynch Sept 14 (BusinessDesk) - The New Zealand dollar climbed above 83 US cents for the first time since early March after the Federal Reserve said it will begin a third round of asset purchases in the world's largest economy to boost growth and reduce unemployment....
While you were sleeping Fed delivers
By Margreet Dietz Sept 14 (BusinessDesk) - US Federal Reserve policy makers made good on a promise to help revive the world's largest economy with a plan for open-ended asset purchases and by pledging to keep its key interest rate at a record low until at least mid-2015. At the...