The New Zealand dollar rose against the Australian dollar as investors look ahead to reports today which may show the Australian economy is weakening, increasing the likelihood of further interest rate cuts. The kiwi advanced to 87.50 Australian cents at 8am in Wellington from 87.32 cents at the 5pm market close in Wellington yesterday. The local currency slipped to 80.01 …

Wall Street slipped as a report showed Japan’s economic growth fell short of expectations, adding to lacklustre data closer to home. Japan’s gross domestic product grew at an annualised 2.6 percent in the second quarter, after expanding a revised 3.8 percent in the previous three months. To be sure, some say it was not all bad news. “Headline GDP was …

New Zealand’s top technology security firms Gallagher, Tait Communications, Wynyard Group and Endace are trying a coordinated push into global markets as they share resources and draw on each other’s existing capabilities. The Security Technology Alliance will give the firms, who offer tech-based security products but don’t compete in the same markets, a way to bundle up their services in …