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NZ dollar pares gains from growth figures as Asian equities weaken
By Paul McBeth Sept. 20 (BusinessDesk) - The New Zealand dollar pared gains as weaker equity markets across Asia took the sheen off stronger than expected local second quarter economic growth. The kiwi fell to 82.48 US cents at 5pm in Wellington from 82.76 cents at 8am and 82....
No point in NZ trying to drop strong kiwi dollar English
By Pattrick Smellie Sept. 20 (BusinessDesk) - Finance Minister Bill English has no truck with mounting calls for intervention by the Reserve Bank of New Zealand to bring down the high value of the New Zealand dollar. Speaking to news media after the release of the new Policy Ta...
SFO charges ex-Sutton Group employees with attempting to defraud dairy group
By Paul McBeth Sept. 25 (BusinessDesk) - The Serious Fraud Office has laid 33 charges in the Auckland District Court against two former employees of dairy producer Sutton Group it says were trying to defraud the Auckland-based company. Paul Normington and Jin Weifing joint fac...
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