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MARKET CLOSE NZ shares creep up despite weak China, US and gold
April 15 (BusinessDesk) - New Zealand stocks eked out small gains in trading at the start of the new week, reflecting weaker than expected economic data from both China and the US, although gold miners suffered most as the gold price continued to fall. The NZX50 Index of the top...
Infratil seeks up to $100M in nine-year bond offer
April 15 (BusinessDesk) - Infratil, the listed infrastructure investor, is seeking up to $100 million in a nine-year infrastructure bond offer, which it plans to put toward "general corporate purposes." The Wellington-based firm is seeking $25 million in an unsecured, unsubordi...
Fonterra focuses organic supply in central North Island, Northland farmers miss out
April 15 (BusinessDesk) - Fonterra Cooperative Group, the world's biggest dairy exporter, is shaking up its organics business to refocus supply in the central and lower North Island, leaving Northland organic farmers out in the cold. The cooperative will renew organic milk sup...
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