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NZ dollar little changed as Chinese liquidity jitters linger
By Paul McBeth June 26 (BusinessDesk) - The New Zealand dollar was little changed in local trading as investors remained on edge over China’s banking liquidity, creating concerns about the strength of the world’s second-biggest economy. The kiwi traded at 77.35 US cents at 5pm...
Christchurch’s red zone residents may have to provide their own infrastructure services
By Tina Morrison June 26 (BusinessDesk) – Christchurch residents who continue to live in “red zone” areas may have to provide their own generator, water supply, sewerage facilities and roads in the future as local authorities won’t fix services in those areas. Some 124 property...
Bettle, Arkinstall, Forsyth plead guilty in Dominion Finance, North South Finance case
June 26 (BusinessDesk) – Former Dominion Finance and North South Finance directors Rick Bettle, Vance Arkinstall and Paul Forsyth have pleaded guilty to charges of making untrue statements in relation to the failed finance companies. Bettle and Arkinstall pleaded guilty in the A...