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NZ dollar rises on G-7’s statement stumble, increased risk appetite

NZ dollar rises on G-7’s statement stumble, increased risk appetite

Feb. 13 (BusinessDesk) – The New Zealand dollar rallied above 84 US cents after a Group of Seven leading nations' official said the body was concerned about excessive moves in the yen, leading to broad selling of the greenback and lifting so-called riskier currencies. The New Z...

12 Feb 2013
While you were sleeping Earnings optimism

While you were sleeping Earnings optimism

By Margreet Dietz Feb 13 (BusinessDesk) - Wall Street advanced amid better-than-expected earnings from companies including Avon Products as investors await fresh clues on President Barack Obama's plans to fuel the recovery of the world's largest economy in his State of the Union...

12 Feb 2013
MARKET CLOSE NZ shares fall, led by OceanaGold; Turners Auctions gains

MARKET CLOSE NZ shares fall, led by OceanaGold; Turners Auctions gains

Feb. 12 (BusinessDesk) – New Zealand shares fell, paced by gold miner OceanaGold and casino operator Sky City Entertainment Group ahead of their earnings this week. Turners Auctions rose after meeting guidance and lifting its dividend. The NZX 50 Index rose 2.38 points, or 0.1...

12 Feb 2013