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NZ dollar continues to peter out against greenback as RBA stays on hold

NZ dollar continues to peter out against greenback as RBA stays on hold

By Rebecca Howard July 4 (BusinessDesk) - The New Zealand dollar remained under pressure against the greenback after the Reserve Bank of Australia stuck to its neutral tone and kept rates on hold, putting the Australasian nations at odds with a growing tide of central banks in...

Rebecca Howard 04 Jul 2017
Tomizone seeks A$2 mln in share issue as boardroom shuffle puts Wolfstrike's Bailey in charge

Tomizone seeks A$2 mln in share issue as boardroom shuffle puts Wolfstrike's Bailey in charge

By Rebecca Howard July 4 (BusinessDesk) - Auckland-based and ASX-listed wi-fi service provider Tomizone wants to raise about A$2 million to repay debt as a boardroom shake-up sees its one of its bondholders assume the chair.  The company successfully completed a private pla...

Rebecca Howard 04 Jul 2017
Z Energy shares fall 3.6% as fuel price study finds areas of concern in petrol pricing

Z Energy shares fall 3.6% as fuel price study finds areas of concern in petrol pricing

By Sophie Boot July 4 (BusinessDesk) - Z Energy shares dropped 3.6 percent after a government-commissioned report into fuel prices found areas of concern in petrol pricing. In a statement released to the NZX, Wellington-based Z Energy said it had removed its main port fuel...

Sophie Boot 03 Jul 2017