NZ dollar slips below 69 US cts as trade war fears weigh on investor optimism
By Paul McBeth June 26 (BusinessDesk) - The New Zealand dollar slipped back below 69 US cents as fears of a trade war between the world's major powers sapped investor sentiment and weighed on risk-sensitive assets such as stocks. The kiwi decreased to 68.94 US cents as at 8...
Veritas shareholders overwhelmingly back $27.5M Nomura refinancing deal
By Paul McBeth June 25 (BusinessDesk) - Veritas Investments shareholders overwhelmingly backed a $27.5 million refinancing deal with Japan's Nomura Holdings which gives the operator of the Better Bar Co a new lease of life. Some 99.9 percent of votes cast at today's special...
NZ dollar holds above 69 US cts as Opec production move bolsters commodity prices; trade war looms
By Paul McBeth June 25 (BusinessDesk) - The New Zealand dollar held above 69 US cents as the Organisation of the Petroleum Exporting Countries' move to boost production lifted prices for raw materials, supporting demand for commodity-linked currencies. The kiwi edged up to...
SeaDragon auditor PwC struggles to find evidence supporting asset valuations; withholds opinion
By Paul McBeth June 22 (BusinessDesk) - SeaDragon's annual accounts got a black mark from its auditors for a second year, with PwC declining to express an opinion on the financial statements after failing to find enough evidence supporting the fish oil supplement maker's asset...
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