Tag

#New Zealand

Home » New Zealand

418 posts

Dollar off to slow start as Fed countdown begins

SYDNEY The dollar, euro and yen all got off to a slow start on Monday with investors sticking to the sidelines as the countdown begins on whether the Federal Reserve will hike interest rates for the first time in nearly a decade. The euro stood little changed ... More »

Fed to dominate week of central bank meetings

FRANKFURT The U.S. Federal Reserve takes center stage in the coming week, eclipsing industry data from China, another grim inflation reading from the euro zone and rate decisions in Japan and Switzerland. Guessing whether the Fed hikes rates on Thursday or opt... More »

Australian sheep is unofficially the world’s woolliest

SYDNEY Around 40 kilograms (88 lb) of wool has been sheared from a sheep found near Australia’s capital, the RSPCA said on Thursday, making him unofficially the world’s woolliest. The animal, named Chris by his rescuers, was discovered on the northern outskirt... More »

Dollar sags vs yen and euro, on track for monthly loss

TOKYO/SINGAPORE The dollar began the week under pressure on Monday, on track for monthly losses but off recent lows as investors kept alive hopes that the U.S. Federal Reserve would raise interest rates as early as next month. The dollar index .DXY, which trac... More »

Dollar begins week under pressure, but above last week’s lows

TOKYO The dollar began the week under pressure on Monday, on track for monthly losses but off recent lows as investors kept alive hope that U.S. jobs data later this week would give the U.S. Federal Reserve reason to raise interest rates as early as next month... More »

Dollar gets respite vs yen, but China worries linger

SINGAPORE/TOKYO The dollar rose against the yen on Tuesday, pulling up from a slide to seven-month lows the previous day, but the outlook remained clouded by worries of a China-led slowdown in global growth. Traders said a rise in U.S. stock index futures and ... More »

Spieth to defend Australian Open title

SYDNEY Masters and U.S. Open champion Jordan Spieth will return to Sydney in late November to defend his Australian Open title, organizers said on Tuesday. The 21-year-old American won the Stonehaven Cup by six shots last year and with his recent run of form i... More »

Up, up, and away: NZ drone makers target Hollywood

RAGLAN, New Zealand Deep in New Zealand’s dairying heartland, drone maker Aeronavics tests aircraft designed to corner the fast-growing emerging market for unmanned aerial vehicles in the film and television business. The developer of drones used in the produc... More »

Dollar pushes higher but near lows after downbeat U.S. data

TOKYO The dollar clawed its way higher but remained not far from a three-month low against the euro in Asian trade on Monday after downbeat U.S. economic data raised bets that the Federal Reserve will wait longer to raise interest rates. Industrial production ... More »