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APN may list local unit on New Zealand sharemarket
By Tina Morrison Sept. 1 (BusinessDesk) - APN News & Media, which publishes the New Zealand Herald, may list its New Zealand business on the local sharemarket. The Sydney-based company has retained Grant Samuel to assist with its review of strategic options for APN New Zeal...
Allied Farmers back in black as livestock unit grows
By Paul McBeth Sept. 1 (BusinessDesk) - Allied Farmers, which is rebuilding from a disastrous takeover of the Hanover and United Finance loan books, returned to profit as its core livestock unit lifted income with gains in Taranaki and Waikato. The Hawera-based company repo...
NZ dollar rises to 4-month high vs. Russian ruble on rising tensions over Ukraine
By Tina Morrison Sep. 1 (BusinessDesk) - The New Zealand dollar rose to a four-month high against the ruble on concern Russia may face more sanctions over Ukraine, further denting the fragile Russian economy. The kiwi touched a high of 31.14 rubles and was trading at 30.95...
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