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New Taiwan-NZ venture fund closes first tranche with US$75 million in kitty
By Pattrick Smellie Aug. 25 (BusinessDesk) - The government-backed New Zealand Venture Investment Fund has closed the first tranche of capital-raising for a new fund that aims to back kiwi firms into the greater China market, raising US$75 million and targeting at least a furt...
Intueri triples first-half profit as earnings boosted by acquisitions
By Tina Morrison Aug. 25 (BusinessDesk) - Intueri Education Group, New Zealand's largest private training company, more than tripled first-half profit as it benefited from its acquisition of a half-share in an Australian online education service and from its purchase of New Ze...
NZ dollar weakens as Fed's Yellen less dovish than expected at Jackson Hole
By Tina Morrison Aug. 25 (BusinessDesk) - The New Zealand dollar weakened on US dollar strength after Federal Reserve chair Janet Yellen was less dovish than expected in her speech to an annual gathering of world central bankers at Jackson Hole, Wyoming. The kiwi slipped to...
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