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Kiwi tech firms comprise 10% of Deloitte's Asia-Pacific Fast 500 index
By Fiona Rotherham Nov. 20 (BusinessDesk) - Fifty-one New Zealand technology companies have been included in the 2014 Deloitte Technology Fast 500 Asia Pacific index, equalling the record for Kiwi companies making the list achieved in 2009 and ahead of last year’s 40 companies...
Xero widens first-half loss, concedes US did not execute to plan
By Suze Metherell Nov. 20 (BusinessDesk) - Xero, the cloud-based accounting software firm, widened its first-half loss after spending more on staff and marketing. The Wellington-based company's loss swelled to $24.5 million in the six months ended Sept. 30, from a loss of...
NPT first-half operating earnings rise 14% on increased rental base
Nov. 20 (BusinessDesk) - NPT, the listed property investor, reported a 14 percent increase in first-half operating profit as rental income was swelled by new properties including Auckland shopping precinct The Roskill Centre. Operating earnings before one-time items rose to $3...