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NZ dollar slips from six-month high as traders take profits on QE3 rally
By Hannah Lynch Sept. 17 (BusinessDesk) - The New Zealand dollar fell from near a six-month high against the greenback as some traders took profits on a currency that jumped in the wake of the Federal Reserve's announcement of a third round of large-scale asset purchases. The N...
Farm loss case highlights Hubbard’s idiosyncratic record keeping
By Jonathan Underhill Sept. 17 (BusinessDesk) - A Western Australian couple has lost a High Court case over the dissolution of a farm partnership in Canterbury where late businessman Allan Hubbard’s idiosyncratic record keeping made it difficult to prove what the partners had ac...
NZ services sector stalls in August
By Hannah Lynch Sept 17 (BusinessDesk) - New Zealand's services sector stalled in August, led by a fall in employment and activity and sales, according to the BNZ-BusinessNZ performance of services index (PSI). The index was 50 in August from a revised 52.4 points in July. A...
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