The New Zealand dollar edged lower as weaker-than-anticipated US jobs figures on Friday pared expectations for an aggressive withdrawal of stimulus by the Federal Reserve, and as traders prepare for the local central bank to review rates on Thursday. The kiwi slipped to 79.78 US cents at 5pm in Wellington from 80.09 cents at 8am, and 79.96 cents on Friday …

The New Zealand dollar may gain this week as the central bank’s pending decision on interest rates draws attention to the strengthening local economy, highlighting that the next move in interest rates will be up. The local currency may trade between 77.20 US cents and 82 cents this week, according to a BusinessDesk survey of nine traders and strategists. Four …

Goodman Property Trust, the country’s biggest listed property investor by market value, is planning to spend $22.4 million on a new building at its Central Park development in Auckland’s Greenlane. The property trust’s manager, Goodman (NZ), said it will erect a new five-level office space with 5,670 square metres to cater for more than 2,000 people, replacing an older building. …