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| Sharemarket gains one percent |
| The New Zealand sharemarket posted a 1 percent gain today despite a lack of corporate news, as investors continued to digest the implications of Saturday's large Canterbury earthquake for businesses and the economy. |
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Published: Tue, 07 Sep 2010 07:01 p.m. |
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| Kiwi makes late run on Australian dollar |
| Events across the Tasman - a no-change in interest rates and an expected decision about the Australian government - pushed the New Zealand dollar higher in a late run against its Australian counterpart. |
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Published: Tue, 07 Sep 2010 06:03 p.m. |
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| TrustPower ponders retail bond offer |
| TrustPower, the Infratil-controlled electricity generator, is mulling a retail bond offer to help repay bank debt and push out its maturity profile. |
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Published: Tue, 07 Sep 2010 05:11 p.m. |
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| Economic uncertainties grow |
| Christchurch's massive earthquake and the collapse of South Canterbury Finance have added to economic uncertainties, boosting the risk that the central bank will keep interest rates on hold for the rest of 2010. |
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Published: Tue, 07 Sep 2010 05:02 p.m. |
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| Reserve Bank of Australia holds fire |
| Australia's Reserve Bank has left interest rates on hold, giving borrowers another month to breathe easy over mortgage repayment costs. |
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Published: Tue, 07 Sep 2010 04:48 p.m. |
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| L&M Energy looks to future after share purchase |
| L&M Energy raised $1.4 million in a share purchase plan, adding to its placement in July. |
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Published: Tue, 07 Sep 2010 04:37 p.m. |
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