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MARKET CLOSE NZ shares rise, Ryman, Ebos reach records; Diligent falls

MARKET CLOSE NZ shares rise, Ryman, Ebos reach records; Diligent falls

July 24 (BusinessDesk) – New Zealand shares rose as demand for companies with a solid earnings track and growth prospects helped lift retirement village Operator Ryman Healthcare and medical and pet distributables firm Ebos to new records. The NZX 50 Index climbed 18.613 points...

24 Jul 2013
NZ dollar falls on weaker Chinese manufacturing, faster Aust inflation; RBNZ looms

NZ dollar falls on weaker Chinese manufacturing, faster Aust inflation; RBNZ looms

By Paul McBeth July 24 (BusinessDesk) - The New Zealand dollar fell after figures today showed Chinese manufacturing was weaker than expected and Australian inflation was faster than anticipated, while at home traders look ahead to the Reserve Bank’s interest rate review tomorr...

24 Jul 2013
NZ dollar drops after weaker Chinese manufacturing, higher Australian inflation

NZ dollar drops after weaker Chinese manufacturing, higher Australian inflation

By Tina Morrison July 24 (BusinessDesk) – The New Zealand dollar dropped after a preliminary report showed Chinese manufacturing was weaker than expected, raising concerns the world’s second-largest economy is losing momentum. The kiwi fell as low as 79.45 US cents from 80.01 c...

24 Jul 2013