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MARKET CLOSE: NZ shares fall to end quarter little changed; Air NZ drops
By Jonathan Underhill June 30 (BusinessDesk) - New Zealand shares fell on the final day of the quarter and financial year-end, leaving the NZX 50 Index little changed in the past three months. Air New Zealand, Pacific Edge and Telecom Corp paced the day's decline. The NZX 5...
NZ dollar weakens from elevated levels after drop in business confidence
By Jonathan Underhill June 30 (BusinessDesk) - Business confidence fell in June, according to the ANZ Business Outlook, which showed a net 43 percent of those surveyed see better general business conditions in the year ahead, down from 54 percent a year earlier, a decl...
ERoad may raise $40 mln in IPO, seek NZX listing
June 30 (BusinessDesk) - ERoad, whose products allow transport companies to manage and pay road user charges and keep track pof their fleet, is planning to raise some $40 million in new capital via an initial public offering before seeking to list on the NZX. The Auckland-base...
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