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NZX trading value rises in September, snapping 7 months of decline
By Hannah Lynch Oct 3 (BusinessDesk) - The value of trading in NZX debt and equity markets rose 15 percent in September from a year earlier, snapping seven months of declines. The total value of trades last month was $2.6 billion, underpinned by strength in share trading. The...
While you were sleeping Spain spoils the party, again
By Margreet Dietz Oct 3 (BusinessDesk) - Equities pulled back on both sides of the Atlantic after Spanish Prime Minister Mariano Rajoy quashed hopes today that a request for European aid was imminent. Rajoy made the comments following a report by Reuters yesterday that Spain's...
NZ dollar falls after Spain's PM says bailout not imminent
By Hannah Lynch Oct. 3 (BusinessDesk) - The New Zealand dollar fell along with equity markets after Spanish Prime Minister Mariano Rajoy said he has no immediate plans to request a bailout, quelling speculation that a request was near. The New Zealand dollar rose as high as 83....
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