All News

MARKET CLOSE:NZ shares rise, paced by Pacific Edge; Orion up 10% on debut

MARKET CLOSE:NZ shares rise, paced by Pacific Edge; Orion up 10% on debut

By Suze Metherell Nov. 26 (BusinessDesk) - New Zealand shares rose, paced by Pacific Edge after it announced a European patent for one of its cancer tests. Orion Health Group climbed in its NZX debut, as investors looked for growth stocks. The NZX 50 Index rose 14.714 point...

26 Nov 2014
NZ dollar to stay under pressure until December MPS

NZ dollar to stay under pressure until December MPS

By Paul McBeth Nov. 26 (BusinessDesk) - The New Zealand dollar was little changed in local trading, and will likely remain under pressure as low inflation expectations and weak dairy prices keep traders wary on the currency until next month's monetary policy review. The kiw...

26 Nov 2014
UPDATE: MFAT chief John Allen leaves for NZ Racing Board

UPDATE: MFAT chief John Allen leaves for NZ Racing Board

(Updates with NZ Racing board, comment from Allen throughout) By Tina Morrison Nov. 26 (BusinessDesk) - The chief executive of the New Zealand Ministry of Foreign Affairs & Trade, John Allen, is resigning to head up the New Zealand Racing Board. Allen will join the Racin...

26 Nov 2014