New Zealand Infotech Weekly
The New Zealand dollar rose against the greenback today, following the Aussie dollar higher as Australian inflation showed a 1.4 per cent rise for the September quarter which was above expectations. The kiwi recently traded at US81.26c, up from US81.
Spain's economy shrank for the fifth quarter in a row between July and September as the nation struggled to hold off a full-blown bailout. Output shrank 0.4 per cent similar to the second quarter with unemployment above 25 per cent and a banking...
The New Zealand dollar fell against the greenback for a fourth straight session as weaker US earnings and lingering fears over Spain and the global economy took their toll on growth-linked currencies. The kiwi recently traded at US81.16 cents, down...
NZ dollar drops as weak US earnings add to risk off' sentiment Oct. 24 (BusinessDesk) The New Zealand dollar fell as weak US earnings weighed on equities and added to a risk off tone in currency markets. The kiwi dollar fell to 81.15 US cents from 81.
Shares of DuPont plunged, last 8.9 percent weaker, as did those of Xerox, last down 7.5 percent, while shares of 3M were down 3.7 percent as each posted results that underpinned the impact of the European sovereign debt crisis and slowing growth...
The decline in US stock prices was broad with all 10 of the S&P 500's sectors down. Dupont shares fell 8.7 per cent to $US45.48 after the chemical maker slashed its earnings forecast and reported disappointing quarterly results as demand for its pain...