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CORRECT Scales Corp posts $13.6 mln profit for 2012, cuts debt by 50 percent
(Changes reference in second paragraph to show calendar 2012) June 6 (BusinessDesk) - Scales Corp, the fruit and vegetable logistics group controlled by investment firm Direct Capital, reported a return to profit in calendar 2012 and affirmed its intention to start paying divide...
NZ dollar dips below 79 US cts as investors turn back on South Pacific
By Paul McBeth June 6 (BusinessDesk) - The New Zealand dollar touched below 79 US cents for the first time since July last year as investors continued to spurn the trans-Tasman currencies with US employment figures on Friday set to firm up views on whether the Federal Reserve wi...
NZ economy based on ‘harvesting water’ funds first world aspirations, AG report says
By Jonathan Underhill June 6 (BusinessDesk) – New Zealand is essentially an economy driven by the ability to “harvest water” through milk, agricultural and forest production yet kiwis expect the social and political structures of a developed country, according to research funde...
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