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NZ dollar little changed this week amid US political brinkmanship
By Paul McBeth Oct. 11 (BusinessDesk) - The New Zealand dollar was little changed this week as US policymakers continued to bicker over the Federal budget and looming breach of the debt ceiling, leaving financial markets nervous about taking positions. The kiwi dollar traded...
NZX lashes inaccuracies in Chorus solvency coverage
By Paul McBeth Oct. 11 (BusinessDesk) - NZX, the stock market operator and supervisor, has rapped media reports in latching on to a lobby group’s comments on listed company Chorus’s solvency. The stock market operator took the unusual step of explaining that it doesn’t comment...
Michael Hill first quarter revenue rises 8.7 percent
By Tina Morrison Oct 11 (BusinessDesk) – Michael Hill International, the jewellery chain that bears its founder’s name, increased revenue 8.7 percent in the first quarter as sales edged up in its largest market in Australia and jumped in Canada, while momentum slowed in New Zeal...
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