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NZ dollar falls as yen strengthens ahead of Trump inauguration, gains vs pound

NZ dollar falls as yen strengthens ahead of Trump inauguration, gains vs pound

By Jonathan Underhill Jan. 16 (BusinessDesk) - The New Zealand dollar fell against the yen, which has broadly strengthened ahead of Donald Trump's inauguration on Friday, and gained against the pound on renewed Brexit concerns. The kiwi dollar fell to 80.92 yen as at 5pm in...

Veritas gets extension on Nosh sale deadline as stoush with Constellation Drive franchisee brews

Veritas gets extension on Nosh sale deadline as stoush with Constellation Drive franchisee brews

By Edwin Mitson Jan. 16 (BusinessDesk) - ANZ Bank New Zealand has agreed to extend the deadline for Veritas Investments to either sell or begin winding up its Nosh food supermarkets until the end of the month.  In a statement to the NZX, Veritas said it had "received a numb...

Edwin Mitson 16 Jan 2017
South African visitor numbers rise in month of visa changes

South African visitor numbers rise in month of visa changes

By Edwin Mitson Jan. 16 (BusinessDesk) - The number of visitors from South Africa in November last year rose by more than a quarter, despite the ending of the visa waiver agreement between the two countries.  Figures published by Statistics New Zealand show 2,144 South Afri...

Edwin Mitson 16 Jan 2017