
Canadian firm targets Tower Insurance
The Tower board said the deal would not impact Tower insurance policies or the rights of policy holders.
The Tower board said the deal would not impact Tower insurance policies or the rights of policy holders.
Hellaby Holdings will delist from the NZX by March 8, after ASX-listed auto firm Bapcor succeeded in its $352 million takeover.
The New Zealand dollar slipped as Federal Reserve Philadelphia president Patrick Harker talked up the chances for an interest rate hike next month.
Harbour Asset Management has sold down its stake in Intueri Education Group.
The New Zealand dollar was little changed above 73 US cents having gained following weak US wage inflation figures.
NZ shares gained, led by A2 Milk Co and Fisher & Paykel Healthcare, while Metro Performance Glass plunged after disappointing investors.
NZ dollar continued to ease back ahead of the three-day weekend on signs that a recent rally may be running out of steam.
Solid Energy has announced the closure of the Spring Creek Mine after failing to find a buyer.
Solid Energy will shut and seal the Spring Creek mine after failing to find a buyer for the shuttered Dunollie operation on the West Coast.
The kiwi extended its slide versus the Aussie dollar after Australia posted a record December trade surplus.
Opus International Consultants sank into the red as a struggling oil and gas sector weighed on the engineering firm's Canadian business.
The New Zealand dollar fell against the Aussie dollar after Australia posted a record trade surplus in December.
The New Zealand dollar was little changed, having dropped yesterday on an unexpected rise in the jobless rate.
Donald Trump's trade chief accused Germany of using a "grossly undervalued" euro to "exploit" the US and the rest of the EU.
The New Zealand dollar fell after figures showed the jobless rate unexpectedly rose in the fourth quarter while wage inflation remained
The kiwi rose as high as 73.50 US cents yesterday as investors grew warier of US President Donald Trump's stance on trade.
Optimism about the outlook for the domestic economy boosted the kiwi while markets tried to assess the implications of President Trump's executive orders.
The New Zealand dollar was little changed near its highest in more than two months, having rallied through January.
Gold volumes increased from major suppliers in Switzerland and Hong Kong, in the run-up to the Lunar New Year.
The New Zealand dollar fell against a broadly stronger US dollar.
Inflation climbed back into the Reserve Bank's target band, effectively scrapping the prospect of further rate cuts.
The New Zealand dollar held near a two-month high ahead of consumer prices data.
The New Zealand dollar climbed to its highest level in more than two months.
The New Zealand dollar was little changed above 72 US cents, near its highest in more than a month.
ASX-listed auto firm Bapcor has installed four new directors at Hellaby Holdings after securing control of the New Zealand firm.
Abano Healthcare has used Healthcare Partners Holdings' interim dividend to offset the cost of a partial takeover.
The kiwi traded at 71.56 US cents as at 8am in Wellington from 71.66 cents on Friday in New York and 71.67 cents at the close of local trading last week.
The New Zealand dollar rose to its highest level in a month against the yen as Japan's currency weakened.
The New Zealand dollar fell after US inflation and industrial figures showed the US economy is on track.
The New Zealand dollar rose to a month-high against the greenback after Donald Trump said the US currency was too high.