New Zealand’s iron sand exports could soar to almost 10 million tonnes a year by 2016, as Australia’s BlueScope Steel adds shipping capacity at its Taharoa site and Trans-Tasman Resources remains hopeful of approval for its offshore mining venture. ASX-listed BlueScope said last week it will introduce a 175,000 tonne slurry loading vessel at Taharoa, south of Kawhia, in 2016 …

The New Zealand dollar was mixed against major currencies as it suffered from low liquidity and a lack of new data during the holiday period. The kiwi was little changed at 81.55 US cents at 8am in Wellington, from 81.45 cents at the New York close and 81.56 cents at 5pm in Wellington Friday. “It is the holiday season and …

After Santa brought further gains to Wall Street last week, pushing both the Dow and S&P 500 to record highs, investors will eye a speech by Federal Reserve Chairman Ben Bernanke for further clues about the central bank’s plans for tapering its stimulus. Bernanke, who is set to discuss the changing Fed in Philadelphia on Friday, might offer additional guidance …