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NZ terms of trade edges closer to all-time high
By Jonathan Underhill June 3 (BusinessDesk) - New Zealand’s terms of trade edged closer to an all-time high in the first quarter as dairy products led a gain in export prices and petroleum products led import prices lower. Terms of trade, which measures the quantity of impo...
NZOG spuds in at Oi, seeking extended life for Tui
By Pattrick Smellie June 3 (BusinessDesk) - New Zealand Oil & Gas has started drilling in the Oi prospect in its latest play to extend the life of offshore infrastructure that is servicing the declining Tui oil field. Situated to the north of Tui in a different geological s...
Scales mulls mid-July NZX debut
By Suze Metherell June 3 (BusinessDesk) - Scales Corp, the fruit and vegetables logistics group controlled by private equity firm Direct Capital, says it is considering listing on the New Zealand stock exchange. It will release a prospectus mid-June and expects to debut on...
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