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While you were sleeping Mixed markets, mixed mood
By Margreet Dietz Aug 9 (BusinessDesk) - Wall Street found little reason to continue the gains of the previous three sessions amid lukewarm US productivity data and downgrades in economic growth forecasts in Europe. Investors also were disappointed to hear that Federal Reserve...
MARKET CLOSE NZ shares fall from highs ahead of earnings; Telecom, Ryman dip
Aug. 8 (BusinessDesk) - New Zealand shares fell in the lead up to earnings season amid speculation prices have strengthened enough already to reflect the outlook for stronger earnings. The decline was paced by Telecom, Ryman Healthcare and Mainfreight. The NZX 50 Index fell 3....
NZ dollar falls as trans-Tasman policymakers talk down currencies; European data disappoints
By Paul McBeth Aug 08 (BusinessDesk) - The New Zealand dollar extended its decline in the local trading session after policymakers on both sides of the Tasman tried to talk down their respective currencies yesterday, and as weak European data snapped investors from their recent...
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