NZ dollar little changed in light pre-Christmas trading
By Rebecca Howard Dec. 23 (BusinessDesk) - The New Zealand dollar was well supported in thin trading ahead of the Christmas holiday, after US data overnight failed to push the greenback higher. The kiwi dollar was at 69.06 US cents as at 2pm in Wellington from 69.07 cents...
MARKET CLOSE: NZ shares rise in run-up to Christmas
By Paul McBeth Dec. 23 (BusinessDesk) - New Zealand shares rose in abbreviated trading ahead of the Christmas holiday, led by blue-chip stocks including Auckland International Airport and Spark New Zealand, while Tenon gained on the prospect of it selling its remaining assets....
YEAR IN REVIEW: NZ economy flies through 2016's political curveballs
By Paul McBeth Dec. 23 (BusinessDesk) - New Zealand's economy batted away some curly political curveballs of 2016 to end the year on a high note, with its twin planks of a booming construction sector and rampant tourism soon to be joined by a resurgent dairy industry. Gove...
Tenon in exclusive talks to sell remaining NZ operations
By Paul McBeth Dec. 23 (BusinessDesk) - Tenon, which sold its US operations for US$110 million, is in exclusive talks with a potential buyer of its remaining New Zealand assets, which would see the former Fletcher Challenge entity wound up. The company today distributed US...
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