Monday , January 22 2018
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NZ dollar gains after Australian business conditions lift, RBNZ looms


The New Zealand dollar rose ahead of the Reserve Bank’s statement on Thursday and after an Australian survey showed improving business conditions even while business confidence fell, giving traders more confidence economic growth across the Tasman won’t collapse. The kiwi rose to 62.76 US cents as at 5pm in Wellington, from 62.67 cents late …

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While you were sleeping: Europe’s sigh of relief


European equities moved higher amid relief that Chinese stocks losses were contained, fuelling optimism that a slowdown in global economic growth will be checked. Europe’s Stoxx 600 Index finished the day with a 1.1 percent gain from the previous close. The UK’s FTSE 100 Index added 0.5 percent, France’s CAC …

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NZ wool trades at record high amid tight supply

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By Tina Morrison Sept. 4 (BusinessDesk) – New Zealand wool is trading at record high prices, pushed up by strong demand and limited supply, though the outlook is murky. The price for clean 29-micron wool changed hands at a record $10.45 a kilogram at yesterday’s North Island auction, up from $9.95/kg at …

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While you were sleeping: Panic seizes global markets


Wall Street pared losses, after plunging in the first 10 minutes of trading after Chinese stocks plummeted as investors rushed to the sidelines. “Anybody with a pulse was nervous when the market opened,” Michael James, managing director of equity trading at Wedbush Securities in Los Angeles, told Reuters. “The only …

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NZ Inc’s Best of the Web: TPP

Photo / Neil Ballantyne

TPP talks have stalled this month but are set to resume later in August- NZ Inc has collected the best of the web on the latest developments. Andrew Robb over at the Sydney Morning Herald says given the collapse in negotiations last week, it’s crunch time for the TPPA. – …

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The Trans-Pacific Partnership: NZ Inc’s Best of the Web


New Zealand has been a hot topic for international TPP discussion as negotiation’s end draws near. has a tidy summary of what’s standing in the way of TPP as negotiations head toward their final stages, with coverage of Canada’s standoff with the United States and New Zealand over dairy. …

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