Rabobank New Zealand appoints new chief executive
By Edwin Mitson July 13 (BusinessDesk) - Rural lender Rabobank New Zealand has appointed Australian banking executive Daryl Johnson as its new chief executive. Johnson takes over from Crawford Taylor, who has run the business as interim CEO since October 2015. A West Austr...
NZ dollar falls from 14-month high against greenback; pound strengthens
By Edwin Mitson July 13 (BusinessDesk) - The New Zealand dollar fell as traders booked profits following a run that took the kiwi to a 14-month high against the greenback. The kiwi traded at 72.58 US cents at 5pm in Wellington from 72.96 cents at 8am and 72.63 cents yesterd...
Moa receives price enquiry from NZX after shares jump by almost half
By Edwin Mitson July 13 (BusinessDesk) - Moa Group, the Marlborough-based brewer, has been hit with a price enquiry from NZX following a big jump in the price of its shares in the last few weeks. Moa's share price has risen 47.5 percent since June 27 to a peak of 87 cents...
NZ dollar rebounds against the greenback following Japan election win
By Edwin Mitson July 12 (BusinessDesk) - The New Zealand dollar rallied against the greenback as a victory for Japan's ruling coalition led traders and investors to riskier assets, anticipating a move by Japan's central bank to continue its expansionary monetary policy to try...
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