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Freightways shareholders scrutinise 7.5% rise in directors fees; trading update shows solid growth
By Fiona Rotherham Oct. 29 (BusinessDesk) - A 7.5 percent increase in directors' fees came under scrutiny by Freightways shareholders today – a trend evidenced at other annual general meetings this year - as the company gave a first-quarter trading update showing profit rose 1...

Turners builds MTF stake to 7.6%, still in talks with some shareholders
By Paul McBeth Oct. 29 (BusinessDesk) - Turners, the company formerly known as Dorchester Pacific, has built up a 7.6 percent stake in Motor Trade Finances and is in talks with other shareholders after its offer to buy up to a fifth of the auto-lender closed earlier this month...

RBNZ's 'watch and wait' language boosts kiwi dollar despite warning on gains
By Paul McBeth Oct. 29 (BusinessDesk) - The New Zealand dollar rebounded after the Reserve Bank left interest rates on hold and warned the currency's recent appreciation may keep rates low, as traders took Governor Graeme Wheeler's "watch and wait" language as a sign an immedi...