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MARKET CLOSE: NZ shares fall; Fletcher’s slide continues, NZ Refining sinks
June 26 (BusinessDesk) - New Zealand shares fell to their lowest close since early March, as Fletcher Building continued its slide and NZ Refining fell to the lowest in almost a seven-year low amid plans to spend up on expanding production. The NZX 50 Index fell 19.80 points, o...
Ecoya directors resign as company signals new board composition
By Hannah Lynch June 26 (BusinessDesk) – Ecoya, the scented candle and skin-care products maker, has announced the resignation of directors Collette Dinnigan, Craig Schweighoffer and Deeta Colvin after a decision to clip the size of the board as part of an internal review. Eco...
NZ dollar gains after Wheeler tapped to replace Bollard as RBNZ governor
By Hannah Lynch June 26 (BusinessDesk) - The New Zealand dollar rose in local trading after Graeme Wheeler was named as the next central bank governor and markets prepare for the European Union summit in Brussels this week. The New Zealand dollar rose to 78.85 at 5pm from 78....