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Business confidence holds steady at three-year high in second quarter, NZIER says

Business confidence holds steady at three-year high in second quarter, NZIER says

By Tina Morrison July 9 (BusinessDesk) – Business confidence held at a three-year high in the second quarter as domestic trading activity eased, according to the latest Quarterly Survey of Business Opinion from the New Zealand Institute of Economic Research. A net 31 percent...

08 Jul 2013
NZ dollar gains as investors temper optimism over upbeat US jobs

NZ dollar gains as investors temper optimism over upbeat US jobs

By Tina Morrison July 9 (BusinessDesk) – The New Zealand dollar gained after investors bet the greenback had advanced too far too fast following upbeat US employment numbers last week. The kiwi increased to 78.01 US cents from 77.26 cents at the 5pm market close in Wellington...

08 Jul 2013
While you were sleeping Stocks up before Alcoa results

While you were sleeping Stocks up before Alcoa results

By Margreet Dietz July 9 (BusinessDesk) - Equities on Wall Street and in Europe gained as investors awaited the unofficial start of the US second-quarter earnings season with the results of Alcoa due after the close of the American markets. The aluminum producer is expected to...

08 Jul 2013