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NZ dollar jumps vs yen after Moody’s cuts Japanese credit rating

The New Zealand dollar jumped against the yen after credit ratings agency Moody’s Investors Service cut Japan’s credit rating, The kiwi touched 93.45 yen, its highest level since Nov. 21 when it reached a seven-year high of 93.68 yen. The local currency was trading at 93.32 yen at 8am in Wellington, from 92.87 yen at 5pm yesterday. The New Zealand …

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While you were sleeping: China, US shoppers disappoint

Wall Street fell amid disappointing manufacturing data from China as well as Europe and after a report showed that the start of the US holiday sales season was weaker than expected. China’s manufacturing industry cooled in November, as the official purchasing managers index fell to 50.3, while the HSBC manufacturing PMI weakened to 50, a six-month low. “Today’s data suggest …

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2014 – Dynamic Business

This report features in-depth coverage of the Deloitte Top 200 Award 2014 winners including NZ’s top company, chief executive and chairman. We looked at dynamic trends affecting New Zealand business and how leading business executives were driving their companies in new directions through dynamic change. We also updated the diversity trends in the New Zealand workforce and looked at ‘best …

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