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MARKET CLOSE: NZ shares rise ahead of final election results; Synlait, A2, Fonterra drop
By Sophie Boot Oct. 6 (BusinessDesk) - New Zealand shares gained, led by Meridian Energy and Port of Tauranga, as investors keep an eye on tomorrow's final count of the general election and the subsequent coalition talks, while dairy stocks Synlait Milk and A2 Milk Co gave up...
NZ dollar heads for 1.5% weekly decline as final vote tally looms, greenback gains
By Rebecca Howard Oct. 6 (BusinessDesk) - The New Zealand dollar is heading for a 1.5 percent fall this week ahead of tomorrow's final vote count and as hopes for US tax reforms and rate hikes push up the greenback. The kiwi traded at 70.96 as a 5pm in Wellington versus 71....
Supreme Court rules on PwC, litigation funding case despite out-of-court settlement
By Sophie Boot Oct. 6 (BusinessDesk) - The Supreme Court has ruled that litigation funder LPF Group was allowed to back a legal claim against PricewaterhouseCoopers, despite the two parties settling their dispute in private. The lawsuit from the liquidators of David Henders...
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