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NZ dollar little changed on week, belying volatility

NZ dollar little changed on week, belying volatility

By Tina Morrison Oct. 3 (BusinessDesk) - The New Zealand dollar is likely to be little changed at the end of this week, belying the volatility of events that saw it drop to its lowest in more than a year. The kiwi was trading at 78.64 US cents at 5pm in Wellington, unchange...

03 Oct 2014
UPDATE: FMA files civil case against Archer, Abano dissident shareholder Hutson

UPDATE: FMA files civil case against Archer, Abano dissident shareholder Hutson

Updates with Archer, Hutson comment in fourth par By Paul McBeth Oct. 3 (BusinessDesk) - The Financial Markets Authority has filed civil proceedings against Australian private equity firm Archer Capital and Abano Healthcare shareholder Peter Hutson, saying the parties shoul...

03 Oct 2014
Dotcom exit puts Baboom's A$4.5 mln pre-IPO offer on hold

Dotcom exit puts Baboom's A$4.5 mln pre-IPO offer on hold

By Paul McBeth Oct. 3 (BusinessDesk) - Internet entrepreneur Kim Dotcom's exit from the share register of online music service Baboom has put plans to raise A$4.5 million in a pre-float offer on hold. Dotcom's family trust, Coatsville Trustee Services, sold its 45 percent s...

03 Oct 2014