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MARKET CLOSE NZ shares rise, led by Auckland Airport, Heartland

MARKET CLOSE NZ shares rise, led by Auckland Airport, Heartland

March 12 (BusinessDesk) – New Zealand shares rose, led by Auckland International Airport after the effects of the NZ Super Fund’s selldown last month washed out of trading while Heartland NZ benefited from surging bank stocks in Australia. The NZX 50 Index rose 12.18 points, or...

12 Mar 2013
NZ dollar hits 4-year high vs. yen as expectations for more BOJ easing grow

NZ dollar hits 4-year high vs. yen as expectations for more BOJ easing grow

By Paul McBeth March 12 (BusinessDesk) - The New Zealand dollar rose to a four-year high against the yen as Japan's currency weakened on expectations for more monetary easing when a new governor is appointed to the central bank. The kiwi rose as high as 79.88 yen, and traded a...

12 Mar 2013
NZ house prices rise 7.6 percent  in February, edging back toward December record

NZ house prices rise 7.6 percent in February, edging back toward December record

March 12 (BusinessDesk) - New Zealand house prices rose in February, edging back toward the record high set in December and highlighting the heating property market that’s likely to be concerning the central bank. The national median house price rose 7.6 percent in February to $...

12 Mar 2013