The New Zealand dollar gained against the greenback and the Australian dollar on signs prices of the nation’s commodities remain elevated and as traders anticipate US data for clues to the end of monetary stimulus. The kiwi dollar rose to 82.54 US cents from 81.79 cents at 5pm in Wellington yesterday. It rose to 90.26 Australian cents, from 90.01 cents. …

Prices of dairy products staged the biggest gain in five months, pushing the average price to a two-month high, as rennet casein climbed to a record. The GDT Price Index, previously known as the GDT-TWI Price Index, rose 3.9 percent compared to the last sale two weeks ago. The average winning price was US$4,973 a tonne compared to US$4,805 a …

New Zealand shares fell, paced by power companies MightyRiverPower, Contact Energy and Meridian Energy against a backdrop of an opposition party threat to control prices, broadly stagnant demand and a new Electricity Authority probe. The NZX 50 Index fell 8.476 points, or 0.2 percent, to 4783.853. Within the index, 27 stocks fell, 17 rose and six were unchanged. Turnover was …