The New Zealand dollar rose ahead of a speech by Reserve Bank governor Graeme Wheeler, on speculation he may soften his language about an easing bias, and after stocks rebounded and commodities gained. The kiwi dollar rose to 66.77 US cents as at 8am in Wellington, having earlier gained to as high as 67.08 cents, from 66.61 cents late yesterday. The trade-weighted index rose to …

The New Zealand dollar rose after Beijing said it was continuing efforts to support the ailing Chinese stock market, slowing their decline, while locally traders await a speech by the Reserve Bank governor tomorrow. The kiwi dollar advanced to 66.61 US cents as at 5pm in Wellington, from 65.88 cents yesterday. The trade-weighted index gained to 70.90 from 70.22. China‘s Shanghai Composite index …

Maori businesses are more optimistic and recording stronger profit growth than non-Maori firms as the focus of the sector shifts from righting historical grievances to looking to the future, ANZ Bank’s 2015 Maori business report says. The ANZ Privately-Owned Business Barometer found 72 percent of Maori businesses surveyed were upbeat about the next three years, up from a reading of 70 percent …