The New Zealand dollar fell ahead of a report by the central bank today which may flag concern about the country’s buoyant housing market and the impact of a high currency on exporters. The kiwi fell to 84.59 U.S. cents from 84.94 cents at 5pm in Wellington yesterday, while the trade-weighted index dropped to 78.26 from 78.58. Traders will be …

New Zealand shares rose, pushing the NZX 50 Index to a new record high, as Fletcher Building recovered from a selloff sparked by an investor presentation last week and better retail data helped lift Kathmandu and Warehouse Group. The NZX 50 gained 25.49 points, or 0.6 percent, to 4621.72. Within the index, 29 stocks rose, 11 fell and 10 were …

The New Zealand dollar climbed to its highest level against its trans-Tasman counterpart after the Reserve Bank of Australia unexpectedly cut interest rates to help stoke flagging economic growth. The kiwi climbed as high as 83.50 Australian cents, trading at 83.37 cents at 5pm in Wellington from 83.08 cents yesterday. It fell to 84.94 US cents at 5pm from 85.23 …