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MARKET CLOSE NZ shares mixed; Sky TV falls, retailers, Metlifecare gain
Nov 25 (BusinessDesk) – New Zealand shares were mixed, with the NZX 50 Index falling though more stocks rose. Sky Network Television led decliners while Kathmandu led a bounce by some consumer companies and the sale of a stake in Metlifecare was concluded. The NZX 50 slipped 4.1...

Dairy NZ’s Spaans joins Fonterra board, Bailey, Farrelly re-elected
Nov. 25 (BusinessDesk) – Michael Spaans, a Waikato dairy farmer and director of Dairy NZ, has been elected to the board of Fonterra, while long-serving director Malcolm Bailey retained his spot, as did former banker Ian Farrelly. Spaans has formerly served on the Shareholders’...

NZ dollar hits 5-yr high vs. AUD as growth revisions may paint rosier picture of local economy
By Paul McBeth Nov. 25 (BusinessDesk) - The New Zealand dollar rose to a five-year high against its trans-Tasman counterpart as traders mulled the impact of revisions to the way gross domestic product is measured that may show faster growth in 2012 stemming from the Canterbury...