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Mainzeal liquidator steps up pressure on director Yan over related party
By Paul McBeth April 3 (BusinessDesk) - The liquidators for the Mainzeal group are stepping up their pressure on former director Richard Yan as they try to get to the bottom of the construction company’s failure. BDO’s Andrew Bethell, Brian Mayo-Smith and Stephen Tubbs have s...
NZ dollar falls on concern lower dairy commodity prices may weigh on economy
By Tina Morrison April 3 (BusinessDesk) – The New Zealand dollar was the worst-performing major currency overnight on speculation lower dairy commodity prices will weigh on economic growth. The kiwi was the worst performing currency tracked by Reuters overnight, falling as low...
NZ share trading busier in March, though value slides
April 3 (BusinessDesk) - The volume of trading on New Zealand’s share market continued to gain in March, though the value of activity fell for a fourth month. The number of trades jumped 49 percent to 121,258 in March from the same month a year earlier, with the transactions of...