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Pushpay to raise $9 million ahead of NZAX listing
By Suze Metherell June 16 (BusinessDesk) - Pushpay, the mobile payment app developer, will raise $9 million in a private share issue before it seeks a compliance listing on the New Zealand Alternative Index in July. The Auckland-based company will raise the new equity issui...
NZ dollar may face volatility as investors eye escalating violence in Iraq
By Tina Morrison June 16 (BusinessDesk) - The New Zealand dollar could decline amid volatile trading on investor concern about escalating violence in Iraq. The kiwi was little changed at 86.68 US cents at 8am in Wellington from 86.61 cents at the New York close and 86.66 ce...
NZ GDP probably accelerated in 1st-qtr, supporting RBNZ's track for rate hikes
By Jonathan Underhill June 16 (BusinessDesk) - New Zealand's economy probably accelerated in the first quarter on construction activity, supporting the central bank's view that it must press on with interest rate increases to keep inflation at bay. The economy grew 1.1 perc...
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