CANBERA (dpa-AFX) - The NZ dollar strengthened against the other major
currencies in the Asian session on Monday as traders look ahead to the Reserve
Bank of New Zealand's interest rate announcement, due this week.
The Reserve Bank of New...
Philippine food-maker Universal Robina bought New Zealand's biggest snack-food producer Griffin's Foods for $608 million, giving it a strong cookie manufacturer to incorporate into its vast Asian distribution network.
The weekend is over and stocks are doing nothing.
The Nikkei is closed for a holiday.
U.S. futures are flat, as is t
he New Zealand stock exchange. Korea's Kospi is up 0.4%.
Natural gas futures were almost 2% lower.
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Spot permits in New Zealand's carbon market fell for the third consecutive week, dropping to NZ$4 ($3.47) on Friday, as traders remained hesitant to take significant positions ahead of the September general election.