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Vital Healthcare flags rights issue next month, suspends distribution reinvestment plan
By Paul McBeth June 25 (BusinessDesk) - Vital Healthcare Property Trust, whose Canadian cornerstone investor is seeking to build its stake, is planning a rights issue next month and has suspended its distribution reinvestment plan for the third-quarter. The medical and healthc...
NZ dollar little changed as investors weigh impact of reduction in Federal Reserve stimulus
By Tina Morrison June 25 (BusinessDesk) – The New Zealand dollar is little changed as investors weigh the impact of a possible reduction in the Federal Reserve’s monetary stimulus. The kiwi recently traded at 77.56 US cents, from 77.47 cents at 5pm in Wellington yesterday. The...
While you were sleeping Volatility rules the day
By Margreet Dietz June 25 (BusinessDesk) - Stocks on both sides of the Atlantic, US Treasuries and gold fell, though pared some of their earlier losses, amid concern about the reduction of central bank stimulus in the world's largest economy and worry about the prospects for Chi...