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NZ dollar drifts off ahead of US data, Fed minutes
By Paul McBeth Nov. 19 (BusinessDesk) - The New Zealand dollar fell in local trading as investors await consumer spending and inflation figures in the US later this week, and the release of minutes to the Federal Reserve’s last policy meeting. The kiwi fell to 83.10 US cents...
NZ dollar to fall as interest rates rise, says RBNZ inflation survey
Nov. 19 (BusinessDesk) – Firms expect the kiwi dollar to weaken by two cents to around 80 US cents by September next year, as the economic recovery gathers pace. Expectations for economic growth in the year ending September 2014 now stand at 3 percent, compared with 2.8 percent...
Moa shares slide to new low after reporting 1H loss of $3.04 mln
By Paul McBeth Nov. 19 (BusinessDesk) - Shares in Moa Group fell to a new low after the beer brewer reported a first-half loss of in a period where it expects to bear the brunt of switching its New Zealand distributor. The Auckland-based company reported a net loss of $3.04 m...
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