Recent Posts

NZ dollar touches month-high vs. sterling after BOE talks down currency

The New Zealand dollar touched a month-high against the British pound after a Bank of England official talked down the value of sterling. The kiwi rose as high as 50.92 British pence early this morning, matching the level it reached a month ago, and was trading at 50.84 pence at 8am in Wellington from 50.56 pence at 5pm yesterday. The …

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While you were sleeping China hits stocks, copper

Stocks and commodities including copper and iron ore fell after a surprise drop in China’s exports bolstered concern about the slowing growth in the world’s second-largest economy. China’s exports sank 18.1 percent in February from a year earlier, according to General Administration of Customs data on the weekend. As a result, copper futures for May delivery shed 1.5 percent to …

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A2 Corp talks up Chinese infant formula market potential, shares climb 6.6 percent

A2 Corp, which markets milk products with a protein variant claimed to have health benefits, says a distribution deal it has done in China should generate $US50 million of revenue in four years” time. The shares rose to a month-high. The alternative-market listed company has appointed China State Farm Holding Shanghai Company, a subsidiary of state-owned China National Agriculture Development …

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