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NZ dollar may extend drop vs. Australian dollar as iron ore prices gain, China recovers

NZ dollar may extend drop vs. Australian dollar as iron ore prices gain, China recovers

By Paul McBeth Jan. 7 (BusinessDesk) - The New Zealand dollar may extend its decline against its trans-Tasman counterpart as Australia's currency rallies on rising commodity prices and the prospect of a stronger Chinese economy. The kiwi fell to 79.17 Australian cents at 5pm i...

07 Jan 2013
NZ Dollar Outlook Kiwi may gain on positive risk sentiment, commodities, China

NZ Dollar Outlook Kiwi may gain on positive risk sentiment, commodities, China

By Jonathan Underhill Jan. 7 (BusinessDesk) – The New Zealand dollar may gain this week as rising equity markets and the power of Chinese demand to lift commodity prices help underpin positive risk sentiment Down Under. The kiwi dollar recently traded at 83.03 US cents from 83....

06 Jan 2013
Pipe down on listed companies' affairs, Cabinet Office tells Ministers

Pipe down on listed companies' affairs, Cabinet Office tells Ministers

By Paul McBeth Jan. 7 (BusinessDesk) - New Zealand's ministers and officials have been given a new set of rules outlining how they can talk about listed companies as the government gets ready to kick off its partial privatisation programme this year. Public service bosses, gov...

06 Jan 2013