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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...
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...
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...