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(RESEND) NZ dollar gains against yen as Bank of Japan seen increasing stimulus
(Adds latest Japan GDP rate in 6th paragraph) By Tina Morrison June 11 (BusinessDesk) – The New Zealand dollar advanced against the yen in volatile trading on speculation the Bank of Japan may announce further stimulus measures today, prompting Japanese investors to seek higher...
St Laurence receivers wrap up administration, leaving last loan to liquidator
By Paul McBeth June 11 (BusinessDesk) - St Laurence receivers Barry Jordan and David Vance of Deloitte have wound up their administration of the failed lender, recovering 16.7 cents in the dollar for investors, and are leaving the liquidator to deal with the last loan. The re...
NZ dollar gains against yen as Bank of Japan seen increasing stimulus
By Tina Morrison June 11 (BusinessDesk) – The New Zealand dollar advanced against the yen in volatile trading on speculation the Bank of Japan may announce further stimulus measures today, prompting Japanese investors to seek higher returns in markets such as New Zealand. Since...