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NZ dollar may stabilize against greenback should US data point to slower recovery
By Tina Morrison May 28 (BusinessDesk) – The New Zealand dollar may halt its slump against the greenback on signs the world’s largest economy is not yet in a self-sustaining recovery. The kiwi, which has dropped 5.5 percent this month against the US dollar, recently bought 80.8...
While you were sleeping European stocks gain
By Margreet Dietz May 28 (BusinessDesk) - European equities advanced as investors judged recent declines as overdone and concern about the end of central bank support premature. Europe's benchmark Stoxx 600 Index ended the day with an increase of 0.3 percent, following last wee...
Govt mulls cyber security awareness advisory group, Adams says
By Paul McBeth May 27 (BusinessDesk) - The government is considering setting up an advice group on how to improve public awareness about the risks of cyber-security, as internet-based crime becomes increasingly prevalent. Communications and IT Minister Amy Adams told the launc...