The New Zealand dollar touched a week high against the British pound on the expectation positive economic data may have peaked in the UK, indicating the pace of recovery has slowed. The kiwi rose as high as 50.80 British pence in late New York trading Friday, and was at 50.62 pence at 8am in Wellington from 50.31 pence at 5pm …

All eyes are firmly fixed on US Federal Reserve policymakers as they gather for their final meeting of 2013 during which some believe they will decide to start scaling back their US$85 billion a month bond-buying program. As the US unemployment rate dropped to a five-year low of 7 percent in November, and third-quarter GDP accelerated more than expected to …

New Talisman Gold Mines announced today that is has signed a Heads of Agreement (HOA) with St Albans Pty Ltd, a Special Purpose Vehicle (SPV) set up by a Chinese investor group (the Investor), which contemplates the investment of NZ$10.9m to fund the Talisman Mine development project, subject to completion of satisfactory due diligence, entering into definitive binding agreements and …