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Brierley's Mercantile Investment backs buyer of Tower life business

Brierley's Mercantile Investment backs buyer of Tower life business

By Paul McBeth Aug. 25 (BusinessDesk) - Veteran corporate raider Ron Brierley's Mercantile Investment Co is backing the buyer of general insurer Tower's life business, Foundation Life (NZ) Holdings. The ASX-listed investment company has committed $4.75 million to back Found...

25 Aug 2014
MARKET CLOSE: NZ shares rise; led by Xero, Pacific Edge; Metlifecare gains on earnings

MARKET CLOSE: NZ shares rise; led by Xero, Pacific Edge; Metlifecare gains on earnings

By Suze Metherell Aug. 25 (BusinessDesk) - New Zealand share rose, led by Xero and Pacific Edge, as risk appetite returned to the market. Metlifecare gained after its full-year profit exceeded expectations, while Kathmandu Holdings fell on news its chief executive has resigned...

25 Aug 2014
NZ dollar falls as Yellen helps lift greenback, amid intervention talk

NZ dollar falls as Yellen helps lift greenback, amid intervention talk

By Jonathan Underhill Aug. 25 (BusinessDesk) - The New Zealand dollar fell after Federal Reserve chair Janet Yellen gave a more hawkish view of the US economy and tensions rose over Ukraine, sapping risk appetite. The kiwi extended its slide amid talk the central bank may have...

25 Aug 2014
Kathmandu boss Halkett to leave in November

Kathmandu boss Halkett to leave in November

25 Aug 2014
UPDATE: Trading in TRS shares halted as William Yan-related Mega stake under restraining order

UPDATE: Trading in TRS shares halted as William Yan-related Mega stake under restraining order

25 Aug 2014
Labour trims new spending plans by $300 million a year

Labour trims new spending plans by $300 million a year

25 Aug 2014
NZ Dollar Outlook: Kiwi may decline as optimism builds about US recovery after Jackson Hole

NZ Dollar Outlook: Kiwi may decline as optimism builds about US recovery after Jackson Hole

25 Aug 2014
RESEND: Dotcom search warrants a 'fishing expedition', Supreme Court hears

RESEND: Dotcom search warrants a 'fishing expedition', Supreme Court hears

25 Aug 2014
UPDATE: Chorus, awaiting final pricing determination, reins in rollout costs

UPDATE: Chorus, awaiting final pricing determination, reins in rollout costs

25 Aug 2014
Moa raises $5.25 million in over subscribed rights offer

Moa raises $5.25 million in over subscribed rights offer

25 Aug 2014
Blis Technology stock jumped 50% on news of wider rollout through Sinopharm

Blis Technology stock jumped 50% on news of wider rollout through Sinopharm

24 Aug 2014
NZ dollar's sharp decline raises speculation of Reserve Bank intervention

NZ dollar's sharp decline raises speculation of Reserve Bank intervention

24 Aug 2014
Meridian to sell metering business Arc Innovations to Vector

Meridian to sell metering business Arc Innovations to Vector

24 Aug 2014
RESEND: Metlifecare boosts earnings 37%, at top end of guidance, appoints Kim Ellis as chair

RESEND: Metlifecare boosts earnings 37%, at top end of guidance, appoints Kim Ellis as chair

24 Aug 2014
Heartland meets guidance with rebound in FY profit, sees lift in 2015

Heartland meets guidance with rebound in FY profit, sees lift in 2015

24 Aug 2014
New Taiwan-NZ venture fund closes first tranche with US$75 million in kitty

New Taiwan-NZ venture fund closes first tranche with US$75 million in kitty

24 Aug 2014
Intueri triples first-half profit as earnings boosted by acquisitions

Intueri triples first-half profit as earnings boosted by acquisitions

24 Aug 2014
NZ dollar weakens as Fed's Yellen less dovish than expected at Jackson Hole

NZ dollar weakens as Fed's Yellen less dovish than expected at Jackson Hole

24 Aug 2014
World Week Ahead: Can the party continue?

World Week Ahead: Can the party continue?

24 Aug 2014
NZ Refining pushing hard to shave $4M off likely annual loss

NZ Refining pushing hard to shave $4M off likely annual loss

24 Aug 2014
Crowd-funding craft brewer gets to $700k target early

Crowd-funding craft brewer gets to $700k target early

24 Aug 2014
Cavalier's annual profit falls 13 percent, signals "modest increase" in 2015 earnings

Cavalier's annual profit falls 13 percent, signals "modest increase" in 2015 earnings

22 Aug 2014
MARKET CLOSE: NZ shares rise; Sky TV gains on earnings, Tower leads on capital gain

MARKET CLOSE: NZ shares rise; Sky TV gains on earnings, Tower leads on capital gain

22 Aug 2014
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