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NZ dollar pares gain vs. yen after BoJ disappoints, RBNZ looms
By Paul McBeth June 11 (BusinessDesk) - The New Zealand dollar pared gains against the yen after the Bank of Japan maintained the size of its asset purchase programme, disappointing some investors looking for more stimulus to help settle an increasingly volatile bond market. T...
Bridgestone NZ makes biggest profit in a decade in 2012, pays first dividend since 2007
By Paul McBeth June 11 (BusinessDesk) - Bridgestone New Zealand, the local unit of the world’s biggest tyre maker, had a decade-high profit last year, and paid its first dividend since 2007, in a year when consumer spending on cars and autoparts outpaced all other industries....
Westfield NZ boosts dividend payment to Australian shopping mall owners
By Tina Morrison June 11 (BusinessDesk) – Westfield NZ Holdings, which owns nine shopping centres in New Zealand worth $2.8 billion, increased its dividend to its Australian owners by about two thirds last year after selling three properties and gaining tax benefits. Westfield...
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