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NZX trading halted over technical issues
July 1 (BusinessDesk) - All trading on New Zealand’s stock market has been halted due to technical issues in the second major outage this year. A spokeswoman for the NZX confirmed the stock exchange has halted trading, and is investigating the problem. Reuters reported the sto...
Broadlands Finance auditor tags accounts over need for shareholder support
By Paul McBeth July 1 (BusinessDesk) - Broadlands Finance, the auto-financier whose credit rating was cut to CCC- in January, had its 2013 accounts tagged by the auditor over the lender’s need for shareholder Tony Radisich’s continued support to keep afloat. Auditor Grant Thor...
NZ Dollar Outlook Kiwi may decline on end to US stimulus, Chinese slowdown
By Tina Morrison July 1 (BusinessDesk) - The New Zealand dollar may decline this week on speculation about the removal of asset purchasing stimulus in the US and on concern Chinese growth may be faltering. The local currency may trade between 75 US cents and 80 cents this week,...
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