Article – BusinessDesk

Feb. 15 (BusinessDesk) – The Crafar farms saga continues, with the High Court ordering permission given to Chinese investor Shanghai Pengxin to buy the farms be set aside and reconsidered because the Overseas Investment Office had “materially overstated” … Read more »

Article – BusinessDesk

Feb. 15 (BusinessDesk) – The final legislative leg of regulations for finance companies, building societies and credit unions will stifle investment opportunities for retail investors and reduce the availability of credit for riskier ventures, according to … Read more »

Article – BusinessDesk

Feb. 15 (BusinessDesk) – New Zealand retail sales grew more than expected as people bought more at supermarkets and spent more on petrol in the final quarter of 2011. Read more »

Article – BusinessDesk

Feb. 15 (BusinessDesk) – The New Zealand dollar fell as further delays in Greece’s bailout package, weaker-than-expected retail sales and credit rating downgrades of nine European nations sapped risk sentiment. Read more »

Article – Businesswire

Feb. 14 (BusinessDesk) – Pyne Gould Corp, which has effectively been taken over by major shareholders George Kerr and Baker Street Capital, has negotiated an $8.9 million exit from the management of Equity Partners Infrastructure Company No 1 (EPIC). Read more »

Article – Businesswire

Feb. 14 (BusinessDesk) – New Zealand home sales climbed by more than a quarter in January from the same month last year as the market gradually recovers momentum after an extended lull. Read more »

Article – Businesswire

NZ dollar falls below 83 US cts as global optimism fades with Moody’s downgrades

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Article – BusinessDesk

Feb. 14 (BusinessDesk) – AMP Capital Investors (New Zealand), which manages $12 billion worth of assets, has increased bets on global growth, saying share valuations look attractive even in the face of Europe’s debt crisis. Read more »

Article – BusinessDesk

Feb. 14 (BusinessDesk) – George Kerr’s Australasian Equity Partners No. 1 LP has extended its takeover offer again, pushing the closing date out two weeks as his interest in the company tops 65 percent. Read more »

Article – BusinessDesk

NZ Dollar Outlook: Kiwi to trade near top of recent range as Greece nears finish line Read more »

Article – BusinessDesk

Feb. 13 (BusinessDesk) – George Kerr’s Torchlight Investment Group, a subsidiary of Pyne Gould Corp which specialises in squeezing value from underperforming assets, will come under scrutiny from the Australian Takeovers Panel after issuing ASX-listed … Read more »

Article – BusinessDesk

Feb. 13 (BusinessDesk) – The liquidators for Feltex have issued proceedings against auditor Ernst & Young (EY), according to their latest report on the failed carpet maker. Read more »

Article – BusinessDesk

Feb. 13 (BusinessDesk) – Name suppression for the last two people accused of committing a $1.7 billion fraud though failed lender South Canterbury Finance lapsed today. Read more »

Article – BusinessDesk

Feb. 13 (BusinessDesk) – The New Zealand dollar was little changed from Friday’s close against the greenback and the euro ahead of a vote by Greek politicians on austerity measures needed to win a second international bailout package. Read more »

Article – BusinessDesk

Feb. 13 (BusinessDesk) – The New Zealand dollar declined against the greenback and the euro ahead of a vote by Greek politicians on austerity measures needed to win a second international bailout package. Read more »

Article – Businesswire

Feb. 13 (BusinessDesk) – Investors are once again reminded they shouldn’t count their chickens until they’re hatched. The fate of Greece within the euro zone appears set to be decided within days. Time has run out. The Greeks have no one to blame but … Read more »

Article – Businesswire

Feb. 12 (BusinessDesk) – House price inflation expectations were greatest in Christchurch at the end of last year, according to an ACNielsen poll for ASB’s monthly Housing Confidence Index. Read more »

Article – BusinessDesk

Feb. 10 (BusinessDesk) – The New Zealand dollar slipped from near a five-month high, having been driven up as Greek policymakers finally reached accord with their private bondholders. Read more »

Article – BusinessDesk

Feb. 10 (BusinessDesk) – With the untimely death of Wellington businessman and identity Lloyd Morrison at the age of 54, New Zealand has lost one of its singular characters, let alone business leaders. Read more »

Article – BusinessDesk

Feb. 10 (BusinessDesk) – Banks will be able to self-fund their operations through 2012 because ongoing weak lending demand and savings growth means retail deposit funding will grow faster than lending, according to a report by PwC. But static lending … Read more »