Finance
25 May 2013 9:03
Personal Finance
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  • NZCity - NZ's Best Homepage
    25 May 2013 
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    NZX50 - last 4 weeks The NZ sharemarket
    The NZ benchmark NZX50 index ended yesterday down -1.35% percent (-62.35 points), to close at 4,526. More >>
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    The NZ dollar moved up against the US Dollar yesterday, ending the day in New York at US 81.36c and 53.85 UK pence.  More >>
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    Today's top business story
    NZ share prices drop on profit taking

    The NZX 50 Index has fallen 1.4 per cent in what one sharebroker has described as a "healthy correction".

    >> Read Article 

    Kiwi dollar tipped to fall further
    24 May - A currency trader is forecasting the kiwi dollar to fall to 78 US cents but rise to 85 Australian cents.... more
    Ex-Greymouth boss must sell stake
    24 May - Former Greymouth Petroleum chief operating officer John Sturgess must sell his stake in the company following a High Court ruling.... more
    Trade surplus smaller than expected
    24 May - New Zealand's $157 million trade surplus in April was a third less than forecast by economists, with a 46 per cent jump in petroleum imports.... more
    Kiwi fails to dip below US80c barrier
    24 May - US Federal Reserve chairman Ben Bernanke's comments on quantitative easing have failed to send the NZ dollar under the US80c barrier.... more
    Xero doubles revenue, posts loss
    23 May - Accounting systems provider Xero has rewarded investors but it is still reporting losses as it expands offshore.... more
    Coal mine deal dirty: green groups
    23 May - Green groups are accusing the government of doing a swift deal in allowing an Australian company a new Buller coal mine in exchange for $22m.... more
    Dominion Finance chief executive jailed
    23 May - Four related party loans which he didn't personally profit from have led to Dominion Finance chief executive Paul Cropp being jailed on theft charges.... more
    Comvita buzzing despite tough year
    23 May - Health products maker Comvita's profit is down 10 per cent but has still had good sales despite a tough year.... more
    Rakon plunges deeper into the red
    23 May - Crystal oscillator maker Rakon has lost nearly $33m but says it has plans to reduce debt and grab more market share with new technology.... more

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    NZ Summary
    NZX50   4,526 62 points (-1.36%)
    NZ/US   0.814 up 0.64c (+0.79%)
    90 Day   2.68% 0.01% (+0.37%)
    Gold   $1,391 up $21.96 (+1.60%)
    Oil   $92.43 down $1.78 (-1.89%)

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