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NZ dollar recovers from week-low ahead of FOMC, NZ GDP as Brexit looms

NZ dollar recovers from week-low ahead of FOMC, NZ GDP as Brexit looms

By Jonathan Underhill June 15 (BusinessDesk) - The New Zealand dollar rose from its lowest level in a week ahead of the Federal Reserve's latest policy statement in the US and economic growth figures at home and traders are bracing for more market volatility as Britain's Europ...

Goodring, Betterlife fined $171,500 as regulator expands crackdown on truck-shop operators

Goodring, Betterlife fined $171,500 as regulator expands crackdown on truck-shop operators

By Jonathan Underhill June 15 (BusinessDesk) - Truck-shop operators Goodring Co and Betterlife Corp have been fined a total of $171,500 after the first such sentences under the strengthened Credit Contracts and Consumer Finance Act 2003 (CCCFA) that came into force last year....

Trustpower-controlled King Country Energy reports $8.1 mln proft

Trustpower-controlled King Country Energy reports $8.1 mln proft

By Edwin Mitson June 15 (BusinessDesk) - King Country Energy, the Taumarunui-based power generator and retailer, says profit in the fifteen months to the end of March 2016 was $8.1 million, up from $3.8 million in calendar 2014. The company, which operates four hydro statio...

Edwin Mitson 15 Jun 2016