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Oceania Healthcare to buy vacant lot in Auckland's St Heliers for new facility
By Paul McBeth Dec. 18 (BusinessDesk) - Oceania Healthcare has agreed to buy a vacant lot in Auckland's St Heliers valued at $15.6 million for an undisclosed sum, which it plans to develop into a new retirement village. The Auckland-based company entered into an unconditio...
NZ dollar gains to month-high vs pound as weaker Brexit mulled
By Jonathan Underhill Dec. 18 (BusinessDesk) - The New Zealand dollar rose to a month-high versus a broadly weaker pound on speculation the progress of Brexit negotiations could slow and fell versus the greenback on optimism about US tax cuts. The kiwi dollar traded at 52.5...
World Week Ahead: Will US tax bill pass?
By Margreet Dietz Dec. 18 (BusinessDesk) - Wall Street starts the week at record highs as investors bet that the long-awaited US tax reform plan might be passed by Congress, and sent to the White House, as early as this week. "Markets will be paying close attention to Washi...
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