NZ dollar slips as Chinese stocks settle down, dairy auction looms
By Paul McBeth Jan. 5 (BusinessDesk) - The New Zealand dollar edged lower after Chinese stocks recovered from a sharp decline that sapped investors' appetite for risk-sensitive assets around the world. The kiwi declined to 67.39 US cents at 5pm in Wellington from 67.42 cent...
Turangi Maori land trust brings in Chinese partners for sheep milk expansion
By Paul McBeth Jan. 5 (BusinessDesk) - Waituhi Kuratau Trust, the Turangi-based Maori land trust, has teamed up with Chinese interests to develop its sheep-milking interests as part of a plan to sell into the world's most-populous nation. The trust sold a leasehold interes...
Wynyard signs $27 mln, three-year deal with national security bureau
By Paul McBeth Jan. 5 (BusinessDesk) - Wynyard Group, whose shareholders agreed to a $30 million private placement last month, has signed a three-year deal worth $27 million with an unnamed national security bureau. The Auckland-based company will provide its crime analyti...
NZ dollar little changed in thin Christmas trading
By Paul McBeth Dec. 24 (BusinessDesk) - The New Zealand dollar was little changed in the lead-up to the Christmas holiday, which left markets quieter than usual. The kiwi traded at 68.02 US cents at 6:30pm in Wellington from 67.86 cents at 8am, down from 68.14 cents yester...
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