Xero's challenge: sales to Asian SMEs still using Excel, handwritten ledgers
By Jane Shanahan July 18 (BusinessDesk) - Xero's Shaun Burke sees "massive potential" for sales growth among the millions of small and medium-sized businesses in ''English-speaking'' southeast Asia, provided the cloud-based accounting firm can wean them off Excel and hand-writ...
MARKET CLOSE: NZ shares fall, led by Trade Me; F&P Healthcare drops as kiwi gains
By Jonathan Underhill July 8 (BusinessDesk) - New Zealand shares fell, led by Trade Me Group, as some investors were happy to book profits on a market that has gained 11 percent this year. Fisher & Paykel Healthcare dropped on concern a strong kiwi dollar will hurt exporters....
Fletcher cleared to acquire Higgins Group after excluding quarry business from deal
By Jonathan Underhill July 8 (BusinessDesk) - Fletcher Building has gained Commerce Commission clearance to acquire rival construction company Higgins Group Holdings after dropping Horokiwi Quarries from its application to reduce its dominance in the aggregates market. The...
NZ dollar rises as Spencer speech creates doubts over further rate cut
By Jonathan Underhill July 8 (BusinessDesk) - The New Zealand dollar gained, making it a standout against a broadly stronger greenback, after Reserve Bank deputy governor Grant Spencer flagged concerns over house prices without announcing any immediate measures to tackle the p...
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