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NZ Dollar Outlook: weak growth, dairy prices, inflation to weigh on kiwi
By Tina Morrison Jan. 18 (BusinessDesk) - The New Zealand dollar may fall this week on concern about the impact on the local economy of slower Chinese growth, weak dairy prices and low inflation. The kiwi may trade between 63 US cents and 66.50 cents this week, according to...
NZX seen having sluggish IPO pipeline in 2016
By Sophie Boot Jan. 18 (BusinessDesk) - New Zealand's share market is expected to struggle for new initial public offerings in 2016 without the impetus of a privatisation programme, which is whetting appetites across the Tasman. There were six new listings on the NZX in 20...
Gary Romano resigns local directorships with Pengxin
By Tina Morrison Jan. 18 (BusinessDesk) - Gary Romano, the face of Chinese group Shanghai Pengxin in New Zealand, has resigned his local directorships with the dairy investor after its bid to buy Lochinver Station was knocked back by the government. Romano ceased his direct...
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