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NZ Sharemarket Closes Higher While Asian Markets Slide

NZ Sharemarket Closes Higher While Asian Markets Slide
Wellington, Feb 4 NZPA - The New Zealand sharemarket outperformed Asian markets today and did not react to news that the unemployment rate rose to a surprise 7.3 percent. The benchmark NZX-50 index closed up 13.826 points, or 0.441 percent, at 3148.939.

NZ Sharemarket Opens Slightly Firmer

NZ Sharemarket Opens Slightly Firmer
Wellington, Feb 4 NZPA - The New Zealand sharemarket opened today slightly firmer, but prices of the three leading stocks were mixed. The benchmark NZX-50 index was up 8.4 points or 0.27 percent to 3143.5 after 30 minutes trading.

Australian Rate Decision Drags Kiwi Down

Australian Rate Decision Drags Kiwi Down
Wellington, Feb 2 NZPA - The Reserve Bank of Australia's unexpected decision to keep its official cash rate at the same level saw the New Zealand dollar also dragged against the US greenback this afternoon.

NZ Sharemarket Starts Day Down

NZ Sharemarket Starts Day Down
Wellington, Jan 29 NZPA - The New Zealand sharemarket had a gloomy start to Friday, taking the gloss off any rises it made during the middle of the week.

PM Describes Labour's Public Service Bosses' Pay Idea As Dumb

PM Describes Labour's Public Service Bosses' Pay Idea As Dumb
Wellington, Jan 29 NZPA - Prime Minister John Key has described as "dumb and hypocritical" a suggestion by Labour leader Phil Goff that public service chief executives' salaries should be capped.

NZ Sharemarket Ends Down After Another Quiet Session

NZ Sharemarket Ends Down After Another Quiet Session
Wellington, Jan 28 NZPA - The New Zealand sharemarket's pre-reporting season drift continued unabated today with the benchmark index easing slightly while other markets in Asia rallied.

NZ Dollar Mixed In Reaction To Rate Decisions And Rhetoric

NZ Dollar Mixed In Reaction To Rate Decisions And Rhetoric
Wellington, Jan 28 NZPA - The New Zealand dollar had a mixed session today and ended up reacting more to US President Barack Obama's state of the union address than to the latest Reserve Bank of New Zealand (RBNZ) decision on interest rates.

Labour Would Cap Public Service Bosses' Salaries

Labour Would Cap Public Service Bosses' Salaries
By Maggie Tait of NZPA Wellington, Jan 28 NZPA - Public service chief executives' salaries should be capped, Labour leader Phil Goff said today in a speech about the need to ensure all New Zealanders benefit from improved economic times, not just the wealthy.

Bouncy Night For NZ Dollar

Bouncy Night For NZ Dollar
Wellington, Jan 28 NZPA - The New Zealand dollar bounced around in overnight trading ahead of the Reserve Bank's official cash rate review this morning.

NZ Dollar Mixed, Interest Rate Decision Awaited

NZ Dollar Mixed, Interest Rate Decision Awaited
Wellington, Jan 26 NZPA - The New Zealand dollar eased today as the yen rose in response to speculation of a tightening of Chinese monetary policy.