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Kiwi little changed near 73 US

The New Zealand dollar was little changed near 73 US cents after the minutes of the Federal Reserve's policy review.

Wall Street mixed, oil climbs above US $50

US Treasuries gained, as did the price of oil, while the greenback weakened.

RBA boss warns on foreign cash

Glenn Stevens believes Australia needs to attract more foreign investment to build new businesses, while being cautious about existing assets.

Kiwi holds above 72 US cents after Fed minutes

The New Zealand dollar was little changed above 72 US cents after minutes of the Federal Reserve meeting.

Wall Street fluctuates on US rates hold

US Treasuries rose while Wall Street fluctuated, paring earlier losses, after minutes from the Federal Reserve meeting.

Kiwi climbs after dairy and US data

The New Zealand dollar climbed after figures showed the US consumer price index was flat last month while the price of whole milk

NZX first-half profit plunges 80pc

NZX's first-half profit dropped 80 per cent on costs related to the ongoing Ralec litigation.

Dollar gains after milk prices jump

The New Zealand dollar climbed after dairy prices rose more than expected at the latest GlobalDairyTrade auction.

Wall Street edges lower as Fed flag hike

Wall Street moved lower as Federal Reserve officials suggested the US central bank might raise interest rates soon.

Wall Street losses mitigated by oil gains

Wall Street's losses were mitigated by continued gains in oil prices, the Nasdaq inched up for second record high.

NZ shares close at a record high

New Zealand shares hit a fresh high led by positive earnings from Synlait Milk and Steel & Tube Holdings, while Auckland International

Dollar retreats from OCR surge

The New Zealand dollar retreats after soaring as high as 73.41 US cents yesterday.

NZ dollar falls as traders ponder rates track

The New Zealand dollar fell back to where it was before yesterday's interest rate cut on expectations a strong currency will ensure

Wall Street rose to records as shares rallied

Wall Street rose to records as shares of Macy's and Kohl's rallied, while oil prices gained.

Stock index rises after OCR cut

New Zealand shares rose after the Reserve Bank cut interest rates, underlining the yield from companies such as Spark NZ.

New Zealand shares rise after Reserve Bank cuts rates

New Zealand shares rose after the Reserve Bank cut interest rates, underlining the yield from companies such as Spark NZ, while Kathmandu

NZ dollar hits 15-month high after OCR cut

The kiwi jumped to a 15-month high after the Reserve Bank's quarter-point rate cut.

Food prices drop on plunging dairy

Plunging dairy prices have again pushed down the price of food.