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Michael Hill 9-month sales rise 8.8 percent , led by Australia, New Zealand

Michael Hill 9-month sales rise 8.8 percent , led by Australia, New Zealand

April 9 (BusinessDesk) - Michael Hill International, the jewellery chain that bears its founder's name, said sales in the first nine months of the year rose 8.8 percent on revenue gains in its biggest markets of Australia and New Zealand. Sales climbed to $425 million in the ni...

08 Apr 2013
NZ dollar TWI above 78 for first time, kiwi at 5-year high vs. yen

NZ dollar TWI above 78 for first time, kiwi at 5-year high vs. yen

April 9 (BusinessDesk) – The trade-weighted index of the New Zealand dollar rose above 78 for the first time since it was floated in 1985 and the kiwi soared against the yen as Japan followed the US in flooding its currency market. The TWI rose to 78.14 from 77.72 at 5pm in Wel...

08 Apr 2013
While you were sleeping Alcoa kicks off

While you were sleeping Alcoa kicks off

By Margreet Dietz April 9 (BusinessDesk) - Wall Street advanced as investors eyed the results of Alcoa due after the close of the market today to gauge whether the recent weakness in US economic numbers is going to be reflected in corporate profits. Expectations are modest to s...

08 Apr 2013