All News

While you were sleeping: US dollar weakens

While you were sleeping: US dollar weakens

By Margreet Dietz June 9 (BusinessDesk) - Wall Street moved higher, pushing the Standard & Poor’s Index closer to a record high, amid expectations low interest rates will help underpin economic growth. Commodities including oil, copper, gold and aluminium benefited from a d...

Margreet Dietz 08 Jun 2016
MARKET CLOSE: NZ shares fall as Spark seen threatened by Sky TV-Vodafone tie-up

MARKET CLOSE: NZ shares fall as Spark seen threatened by Sky TV-Vodafone tie-up

By Jonathan Underhill June 8 (BusinessDesk) - New Zealand shares fell, led by Spark New Zealand on concern it will face a stronger rival if talks between Sky Network Television and Vodafone Group result in a formal alliance. SkyCity Casino Group rose after completing its $263...

Auckland mortgage fraud arrest at International Airport

Auckland mortgage fraud arrest at International Airport

By Edwin Mitson June 8 (BusinessDesk) - A man charged in connection with an alleged mortgage fraud in Auckland in the run-up to the global financial crisis has been arrested at the city's International airport.  Simon Lawrence Turnbull, 43, is charged with nine counts of di...

Edwin Mitson 08 Jun 2016