NZ residential building consents rise 1.8% in November on retirement village growth
By Paul McBeth Jan. 11 (BusinessDesk) - New Zealand residential building consents rose 1.8 percent in November, with demand for retirement village units driving approvals in the month. Seasonally adjusted consents rose for a second month to 2,377 in November from 2,363 in...
IkeGPS raises $900,000 in institutional placement, still looking at US listing
By Paul McBeth Jan. 11 (BusinessDesk) - IkeGPS Group has raised $900,000 from three institutional investors to fund expansion in the US market, where the laser measurement tool developer is considering a secondary listing. The placement came after a foreign institution off...
Greenheart NZ to buy Northland Forest Managers for $1.5 million
By Paul McBeth Jan. 8 (BusinessDesk) - Greenheart Group has signed a conditional deal to buy Northland Forest Managers (1995) for $1.5 million as the Hong Kong-listed owner of Northland's Mangakahia forestry estate looks to expand its New Zealand interests. Greenheart yest...
NZ shares drop as fears over China envelop global markets
By Paul McBeth Jan. 8 (BusinessDesk) - New Zealand shares fell for a fourth day as fears over China's economy continue to cloud global markets, sapping investor appetite for riskier assets such as equities. The S&P/NZX 50 index dropped 1.4 percent to 6125.73 at midday in W...
Prev
