NZ dollar weaker, still waiting on Winston Peters
By Rebecca Howard Oct. 19 (BusinessDesk) - The New Zealand dollar drifted lower as the market awaits an announcement on the formation of the new government, amid reports that details of the negotiations between the NZ First, Labour and National parties are becoming protracted....
UPDATE: Zeta Resources bid for NZ Oil & Gas fails, H&G plans to accept OGOG offer
(Recasts lead and adds comment from H&G managing director David Cushing starting in paragraph five) By Rebecca Howard Oct. 19 (BusinessDesk) - Private investment firm H&G will accept Ofer Group Oil & Gas' offer for New Zealand Oil & Gas after ASX-listed Zeta Resources' pla...
NZ dollar falls as markets wait to see which parties will govern
By Rebecca Howard Oct. 18 (BusinessDesk) - The New Zealand dollar fell while remaining in a narrow trading range as the market waits to find out which parties will form the country's next government. The kiwi dollar was trading at 71.59 US cents as at 5pm from 71.66 US cent...
Comvita lifts 2018 earnings outlook on 'grey market' recovery
By Rebecca Howard Oct. 18 (BusinessDesk) - Comvita raised its 2018 earnings outlook after a solid recovery of the so-called "grey channel" into China and significant North American sales, chief executive Scott Coulter said in a presentation for the annual general meeting. ...