NZ dollar rises to post-float high
The New Zealand dollar has risen to its highest level against the greenback since it floated in March 1985 on improving risk sentiment and talk of Asian funds' interest in assets such as government bonds.
The New Zealand dollar has risen to its highest level against the greenback since it floated in March 1985 on improving risk sentiment and talk of Asian funds' interest in assets such as government bonds.
Mainfreight has achieved record earnings in the 2011 financial year as a recovery in global freight supports its grab for market share.
Stocks fell in Europe and the US and the euro weakened amid concern Europe's debt-crisis is worsening and America's economic recovery is running out of puff.