New Zealand jetpack maker Martin Aircraft Company will become a publicly traded firm when it lists on the Australian stock exchange tomorrow.

Paul Little last week learned Japan Post was making a takeover bid for Toll Holdings, and the bid valued his shares about A$110 million more than they were worth earlier in the day.

Just over one month since its last downgrade of Moscow's credit rating, Moody's said Russia "is expected to experience a deep recession in 2015 and a contraction in 2016".

Australia's largest telco, Telstra, is also pursuing an Asian expansion strategy, and on Friday appointed the man in charge of that expansion to run the entire company.

Traditional Chinese beliefs suggest the year should harbour the relatively calm and placid characteristics of the sheep along with peace and prosperity, says Liam Dann.

Kiwi energy company Powershop is expanding its Australian market before targeting Europe and Asia next year.

NZX chief executive Tim Bennett says demand is looking solid for small and medium-sized sharemarket listings, but a potential downturn in market conditions could affect the environment for initial public offerings in the year ahead.

ANZ said it expects dairy prices to continue this year's firming trend at tomorrow's GlobalDairyTrade auction.

Market speculation about Rod Duke boosting his stake in struggling children's clothing chain Pumpkin Patch has so far failed to become a reality, writes Christopher Adams.

Livestock Improvement Corp will set off on a "roadshow" in June to sound out its farmer-shareholders about the possibility of raising capital to drive growth.

An industry chief has welcomed the new Matrix house-building factory in Trentham.

Contact Energy could be heading for a showdown with minority shareholders over what to do with a $1 billion pot of cash.

New Zealand shares fell yesterday, led by Contact Energy after it flagged plans to invest offshore. Genesis Energy and Meridian Energy declined as enthusiasm for the sector cooled.

As vital signs go, retail sales data for the last three months of 2014 were pretty healthy, writes Brian Fallow.

New Zealand's services sector activity rose to a six-month high in January as record inward migration boosted demand for housing, increasing the need for property-related services.

The receivers of Belgrave Finance are trying to bankrupt the terminally ill property developer who controlled the company, despite doubts it'll yield money.

Systems are now in place to bring superannuation savings across the Tasman but there is some fine print, particularly for first-home buyers, writes helen Twose.

Expectations of house price inflation have jumped, especially in Auckland, ASB's quarterly survey of housing market sentiment has found.

Rising New Zealand commercial and house-building could buoy this week's Fletcher Building result as analysts highlighted domestic activity as a big profit driver.

Graeme Hart's former business partner Stephen James says there are several features that helped Hart's Rank Group become so successful.

The boss of a local fund manager has welcomed efforts by the country's financial regulator to crack down on market manipulation.

Douglas Pharmaceuticals, New Zealand's largest developer and manufacturer of generic pharmaceuticals, is targeting annual revenues of $244 million by 2020.