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MARKET CLOSE: Kathmandu leads the NZX 50 higher on positive US sentiment

MARKET CLOSE: Kathmandu leads the NZX 50 higher on positive US sentiment

By Sophie Boot Aug. 8 (BusinessDesk) - New Zealand shares rallied with global markets after positive leads from the US, with the local market led by Kathmandu Holdings and Australia & New Zealand Banking Group. The S&P/NZX50 Index rose 39.88 points, or 0.6 percent, to 7,348...

Sophie Boot 08 Aug 2016
Transport Ministry manager wanted over $726,000 fraud, arrested at airport, charged

Transport Ministry manager wanted over $726,000 fraud, arrested at airport, charged

By Edwin Mitson Aug. 8 (BusinessDesk) - A former senior manager at the Ministry of Transport has appeared in the Manukau District Court charged with three counts of dishonestly taking or using a document in relation to a $726,000 fraud.  Fifty-year-old Joanne Harrison is a...

Edwin Mitson 08 Aug 2016
Spark's Moutter takes lead in rattling cages for venture capital

Spark's Moutter takes lead in rattling cages for venture capital

By Paul McBeth Aug. 8 (BusinessDesk) - Spark New Zealand chief executive Simon Moutter will take a lead role in trying to shake out support from the big end of town to boost New Zealand's underdeveloped venture capital market.  Moutter was one of 54 delegates who travelled...

Paul McBeth 08 Aug 2016