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While you were sleeping Fed bullishness prevails, for now

While you were sleeping Fed bullishness prevails, for now

By Margreet Dietz Sept 12 (BusinessDesk) - Stocks advanced on Wall Street and in Europe as investors bet the US Federal Reserve will announce a round of fresh stimulus measures this week. First though is tomorrow's ruling by Germany’s Federal Constitutional Court on the legali...

11 Sep 2012
MARKET CLOSE NZ shares rise, led by F and P Appliances; Telecom, Fletcher gain

MARKET CLOSE NZ shares rise, led by F and P Appliances; Telecom, Fletcher gain

By Hannah Lynch Sept. 11 (BusinessDesk) - New Zealand shares rose, led by Fisher & Paykel Appliances on expectation its biggest shareholder, China’s Haier, will shortly make a takeover offer. Telecom and Fletcher Building, the biggest companies on the bourse, were among gainers....

11 Sep 2012
NZ dollar little changed as traders await German judgment on euro-zone fund, Fed meeting

NZ dollar little changed as traders await German judgment on euro-zone fund, Fed meeting

By Paul McBeth Sept. 11 (BusinessDesk) - The New Zealand dollar was little changed in local trading as investors await the German Constitutional Court judgment on the legality of the euro-zone's rescue fund and Thursday's Federal Open Market Committee meeting which may result in...

11 Sep 2012