North Korea Tensions Spike at Asian Security Forum
North Korea inflamed tensions over the deadly sinking of a South Korean warship by threatening the United States and South Korea on Friday with a “physical response” if they carry out naval maneuvers this weekend. The U.S. refused to back down. Click here to read the full story
Read more..NZ sharemarket falls
The New Zealand sharemarket fell today after a flat trading day for stocks in the United States where the Federal Reserve suggested additional measures may be needed to combat a weakening economy.The benchmark NZX-50 index closed… Click here to read the full story
Read more..NZ sharemarket falls
The New Zealand sharemarket fell today after a flat trading day for stocks in the United States where the Federal Reserve suggested additional measures may be needed to combat a weakening economy.The benchmark NZX-50 index closed… Click here to read the full story
Read more..NZ dollar drifts lower after spiking
The New Zealand dollar drifted lower today after pushing briefly above US72c for the first time in two months.Dealers said it pushed higher in reaction to a strong start to the corporate earnings season in the United States and… Click here to read the full story
Read more..Solid start for NZ shares
The New Zealand sharemarket started the day with a solid increase after stocks in the United States rallied for a sixth straight day as the earnings season got off to a good start.Alcoa, the largest United States aluminium producer,… Click here to read the full story
Read more..NZ dollar spikes above US72c
The New Zealand pushed briefly above US72c for the first time in two months as a strong start to the corporate earnings season in the United States drove risk appetite.A surprise widening of the US trade deficit in May also weighed… Click here to read the full story
Read more..NZ market turns back on solid run
The New Zealand sharemarket closed a touch weaker after a quiet session, with all eyes on Wall Street after the company reporting season kicked off in the United States with a positive surprise.The market turned its back on seven… Click here to read the full story
Read more..IMF calls for US deficit cuts
WASHINGTON - The International Monetary Fund is calling for the United States to make a stronger effort to curb its budget deficits.The IMF said on Thursday that in addition to cutting government spending, the Obama administration… Click here to read the full story
Read more..Currency: Dollar boosted by stronger Aussie
The New Zealand dollar jumped near the day’s end on the back of a Reserve Bank of Australia decision to keep interest rates steady across the Tasman.The kiwi had weakened slightly in quiet trading with markets in the United States… Click here to read the full story
Read more..Global stocks dip on growth fears
LONDON (Reuters) - World stock and oil prices fell on Monday on growing concerns of slowdowns in the United States and China — the two main pillars of global growth, though the dollar was off its two-month low. Click here to read the full story
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