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World Week Ahead Bernanke kick-starts 2014

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 …

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MARKET CLOSE NZ shares fall in holiday trading, head for 17 percent annual gain

New Zealand shares fell in subdued holiday trading, putting the NZX 50 Index on route to a `17 percent annual gain. Xero, the best performer on the index, Fletcher Building and Telecom all declined, offsetting gains among mid-caps such as Hallenstein Glasson Holdings. The NZX 50 fell 0.575 points, or 0.01 percent, to 4767.360. Within the index, 13 stocks fell, …

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