MARKET CLOSE: NZ shares fall as Australian holiday saps trading volumes
By Paul McBeth June 10 (BusinessDesk) - New Zealand shares fell in subdued trading, with an Australian holiday sapping activity on the local market. Fisher & Paykel Healthcare led the market lower, as a strong kiwi dollar crimped its export earnings. The S&P/NZX 50 Index d...
Environmental concerns prompt tighter Transmission Gully controls
By Paul McBeth June 10 (BusinessDesk) - Greater Wellington Regional Council has imposed a stricter environmental regime on the construction of the 27-kilometre Transmission Gully highway north of Wellington due to ongoing concerns about erosion and sediment control failures....
MyRepublic warned for failing to hand over info for telco levy
By Paul McBeth June 10 (BusinessDesk) - The Commerce Commission has publicly warned MyRepublic for failing to give it the right information on time to work out the internet service provider minnow's share of the $50 million Telecommunications Development Levy. Telecommunic...
CORRECT: MARKET CLOSE: NZ shares climb back above 10,000; Synlait rallies on covenant appeal
(Corrects volume of Synlait shares traded in third paragraph.) By Paul McBeth June 7 (BusinessDesk) - New Zealand's benchmark index climbed back above 10,000, led by Synlait Milk, on news the dairy company is appealing a ruling that may prevent the opening of its second pro...
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