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RESEND NZ Dollar Outlook Kiwi may gain as investors focus on future rate hike; overlook GDP, tapering

RESEND NZ Dollar Outlook Kiwi may gain as investors focus on future rate hike; overlook GDP, tapering

(Fixes reference to current account in 10th paragraph) By Tina Morrison Sept. 16 (BusinessDesk) – The New Zealand dollar may gain this week as investors overlook a temporary dip in second-quarter growth and a modest start to tapering in the US to focus on a looming interest ra...

16 Sep 2013
Argosy buys Wiri property for $38 mln

Argosy buys Wiri property for $38 mln

Sept. 16 (BusinessDesk) – Argosy Property, which raised $86.9 million last month, has bought a new warehouse in South Auckland’s Wiri for $38 million. The Auckland-based property investor’s new acquisition will settle in December, and have a 15-year lease with Cardinal Logistic...

16 Sep 2013
NZ Dollar Outlook Kiwi may gain as investors focus on future rate hike; overlook GDP, tapering

NZ Dollar Outlook Kiwi may gain as investors focus on future rate hike; overlook GDP, tapering

By Tina Morrison Sept. 16 (BusinessDesk) – The New Zealand dollar may gain this week as investors overlook a temporary dip in second-quarter growth and a modest start to tapering in the US to focus on a looming interest rate hike next year. The local currency may trade between...

16 Sep 2013