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NZ dollar falls amid global growth concerns as US manufacturing shrinks, ECB looms
By Hannah Lynch Sept. 5 (BusinessDesk) - The New Zealand dollar fell after US manufacturing activity shrank, stoking concerns global growth has stalled and amid fears the European Central Bank isn't doing enough to contain the region’s debt crisis. The New Zealand dollar fell a...
While you were sleeping Apple helps shift focus
By Margreet Dietz Sept 5 (BusinessDesk) - Apple helped turn the mood on Wall Street at least temporarily away from economic pessimism amid expectations it's about to reveal its latest iPhone. At a September 12 product event in San Francisco, Apple is expected to introduce a new...
Dairy product prices rise 6 percent in GDT auction to highest since April
Sept. 5 (BusinessDesk) - Dairy prices rose to the highest level since early April in the latest GlobalDairyTrade sale, the third straight gain, with increases for all eight products on offer. The GDT-TWI Price Index rose 6 percent compared to the last sale two weeks ago. The av...