The New Zealand dollar was volatile following the release of the Federal Reserve minutes to its last meeting this morning, as the minutes failed to outline plans for likely interest rate hikes in the world’s largest economy. In the hour following the publication of the minutes at 8am New Zealand time, the kiwi traded between 78.39 US cents 78.93 cents, from 78.71 cents immediately …

Wall Street slipped, pushing the Dow and the S&P 500 down from their record-high closes the previous day, as investors awaited guidance on the timing of an interest rate increase by the US Federal Reserve. The Fed is set to release minutes from its October meeting at 2 pm in Washington “Investors will screen the minutes for any fresh hints …

New Zealand shares rose, paced by Meridian Energy and MightyRiverPower, as investors chased stocks with relatively attractive yields. Fonterra Shareholders’ Fund gained after dairy prices fell. The NZX 50 Index rose 17.028 points, or 0.3 percent, to a record close of 5522.056. Within the index, 23 stocks rose, 16 fell and 11 were unchanged. Turnover was $121 million. The benchmark index has gained …