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![Food prices up again in March](/pf/resources/images/placeholders/placeholder_l.png?d=791)
Food prices up again in March
Food prices were up 0.3 per cent last month, says Stats NZ, with prices up 5.5 from a year earlier.
![Nasdaq chief furious over NYSE bid rejection](/pf/resources/images/placeholders/placeholder_l.png?d=791)
Nasdaq chief furious over NYSE bid rejection
Nasdaq has appealed to shareholders in NYSE Euronext, pressing the case for its $US11.3b takeover offer, after the NYSE board summarily rejected the bid and said it would stick to a lower-priced deal to merge with Germany's Deutsche Brse.
![Gold hits record price overnight](/pf/resources/images/placeholders/placeholder_l.png?d=791)
Gold hits record price overnight
Gold hit a record high on world markets overnight, but equities fell as investors worried about the impact on consumer spending and corporate profits of high oil prices.
![Oil, gold prices soar on Libya turmoil](/pf/resources/images/placeholders/placeholder_l.png?d=791)
Oil, gold prices soar on Libya turmoil
Investors flocked to oil and gold on world markets overnight amid escalating tensions in the Middle East, with violence in Libya gathering steam.
![Commodities rally overnight on China demand](/pf/resources/images/placeholders/placeholder_l.png?d=791)
Commodities rally overnight on China demand
Stocks on Wall Street were mixed as investors awaited a fresh reason to extend the rally, while commodities including oil, gold and copper were boosted on hopes that Chinese demand would remain strong.
![Increase in cocoa prices could see cost of chocolate rise](/pf/resources/images/placeholders/placeholder_l.png?d=791)
Increase in cocoa prices could see cost of chocolate rise
Cocoa prices shot up this week after the Ivory Coast said it was contemplating an export ban.
![NZ dollar climbs on rising world food prices](/pf/resources/images/placeholders/placeholder_l.png?d=791)
NZ dollar climbs on rising world food prices
The New Zealand dollar climbed back above 77 US cents as food inflation fears prompted investors to seek out commodity-linked currencies.
![Rising food prices good for economy, say experts](/pf/resources/images/placeholders/placeholder_l.png?d=791)
Rising food prices good for economy, say experts
Food looks set to cost more at the till this year, although economists say higher commodity prices are good news for the economy.
![<i>Dollar Outlook:</i> Kiwi may break 78c on strong commodities, CPI](/pf/resources/images/placeholders/placeholder_l.png?d=791)
<i>Dollar Outlook:</i> Kiwi may break 78c on strong commodities, CPI
The New Zealand dollar will probably test US78c this week as the currency rides the wave of stronger prices for raw materials.