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MARKET CLOSE: NZ shares recover; demand for yield boosts Meridian, Spark
By Paul McBeth Aug. 27 (BusinessDesk) - New Zealand shares recovered some of yesterday's decline as the demand for reliable income boosted yield stocks such as Meridian Energy and Spark New Zealand. Tourism Holdings gained after confirming annual profit beat guidance. The...
NZ dollar weakens despite positive trade war noises
By Jenny Ruth Aug. 27 (BusinessDesk) - The New Zealand dollar fell despite signs China wants to renew trade talks with the US and despite Reserve Bank of Australia deputy governor Guy Debelle trying to talk the Australian dollar down. The kiwi was trading at 63.65 US cents...
TruScreen says $166m opportunity awaits
By Victoria Young Aug. 27 (BusinessDesk) - TruScreen says it has a $166 million sales opportunity and China will continue to drive sales at the cervical cancer test maker. Whether that growth will need more funding, following a $1.1 million capital raising in July, is uncl...
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