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RESEND:IkeGPS Group, with shareholders including No 8 Ventures' Morel, plans $31M IPO

RESEND:IkeGPS Group, with shareholders including No 8 Ventures' Morel, plans $31M IPO

By Jonathan Underhill June 11 (BusinessDesk) - IkeGPS Group, which sells a range of portable measuring devices and counts Jenny Morel's No 8 Ventures among its shareholders, plans to raise up to $31 million in an initial public offering, listing on the NZX's main board to fund...

10 Jun 2014
NZ dollar jumps to 3-week high against euro ahead of expected RBNZ rate hike

NZ dollar jumps to 3-week high against euro ahead of expected RBNZ rate hike

By Tina Morrison June 11 (BusinessDesk) - The New Zealand dollar rose to a three-week high against the euro as investors were lured by the higher yield available in New Zealand, where the central bank is expected to hike interest rates tomorrow, while the European Central Bank...

10 Jun 2014
While you were sleeping: US equities slip from records

While you were sleeping: US equities slip from records

By Margreet Dietz June 11 (BusinessDesk) - Wall Street eased from record highs, even as more indicators point to a broadening of the economic recovery, as investors assessed whether equity valuations were rising at a reasonable rate. In the final hour of trading in New York...

10 Jun 2014