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NZ dollar gains after weaker US jobs data raises doubts over Fed tapering

NZ dollar gains after weaker US jobs data raises doubts over Fed tapering

By Tina Morrison Sept. 9 (BusinessDesk) – The New Zealand dollar rose after weaker US jobs data prompted some investors to pull back expectations for the Federal Reserve to start tapering its bond buying programme this month. The kiwi advanced to 80.09 US cents at 8am in Welli...

08 Sep 2013
World Week Ahead Syria and the taper

World Week Ahead Syria and the taper

By Margreet Dietz Sept 9 (BusinessDesk) – US President Barack Obama's speech aimed at gaining domestic support for military action against Syria and the continuing debate over the timing of the start of the Federal Reserve's taper will top this week's agenda. President Obama is...

08 Sep 2013
MARKET CLOSE NZ shares fall, paced by Fletcher Building; Diligent rises

MARKET CLOSE NZ shares fall, paced by Fletcher Building; Diligent rises

By Tina Morrison Sept 6 (BusinessDesk) – New Zealand shares fell with Australian shares amid investor caution ahead of this weekend’s federal election. The declines were paced by Fletcher Building as investors took advantage of a gain in its price to sell for a profit. The NZX...

06 Sep 2013