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NZ dollar gains vs euro as Spanish concerns resurface, current account looms

NZ dollar gains vs euro as Spanish concerns resurface, current account looms

Sept. 19 (BusinessDesk) - The New Zealand dollar rose against the euro as traders speculated on Spain’s willingness to seek financial aid and ahead of current account figures for the second quarter that are expected to show a widening deficit. The kiwi dollar rose to 63.39 euro...

18 Sep 2012
While you were sleeping Wall Street, FedEx slide

While you were sleeping Wall Street, FedEx slide

By Margreet Dietz Sept 19 (BusinessDesk) - Wall Street moved lower as a profit warning by FedEx underpinned the ongoing uncertainty about the flagging economy both at home and abroad, bolstering the appeal of US Treasuries. Shares of FedEx dropped 2.7 percent after the company...

18 Sep 2012
Dairy prices rise 2.4 percent , fourth straight gain, in latest GDT auction

Dairy prices rise 2.4 percent , fourth straight gain, in latest GDT auction

Sept. 19 (BusinessDesk) - Dairy prices rose in the fourth straight gain on the GlobalDairyTrade platform, with gains for whole and skim milk powder, the largest products by volume sold. The GDT-TWI Price Index rose 2.4 percent compared to the last sale two weeks ago. The averag...

18 Sep 2012