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NZ dollar benefits from US short-term government funding deal
By Rebecca Howard Jan. 23 (BusinessDesk) - The New Zealand dollar gained against the greenback after US legislators managed to broker a deal to end a federal government shutdown. The kiwi rose as high as 73.55 US cents and traded at 73.22 cents as at 5pm in Wellington fro...
Investore earnings, dividends to get boost from Bunnings acquisition
By Paul McBeth Jan. 23 (BusinessDesk) - Investore Property will pay just below book value to buy three Bunnings stores from manager Stride Property Group in a deal which will boost earnings and dividends, says the independent adviser. Shareholders of Investore will vote on...
Trans-Tasman Resources to go public in backdoor listing on ASX, via Manhattan Corp
By Rebecca Howard Jan. 23 (BusinessDesk) - Ironsands miner Trans-Tasman Resources will go public via a backdoor listing on the ASX using Manhattan Corp, a company associated with executive chairman Alan Eggers. The deal, which needs shareholder approval, will see Manhattan...