NZX chief welcomes NZME listing

NZX chief executive Tim Bennett expects the financial markets to remain volatile over the next few weeks in the aftermath of Britain’s surprise decision to leave the European Union.Britain’s Prime Minister David Cameron – a proponent…

Trade surplus in May as exports of logs, fruit jump

New Zealand posted a bigger than expected trade surplus in May as increased Chinese demand for logs and a growing international appetite for kiwifruit boosted exports. The trade surplus of $358 million in May exceeded the $164 million…

Sheepmeat, tourism may be hardest hit by Brexit

New Zealand’s sheepmeat exports and tourists from the UK may be the hardest hit from the Brexit with the most immediate impact likely to be on British tourists suddenly finding the spending power of the pound against the kiwi is the…

'Momentous' listing for NZME

“It’s a momentous day,” says NZME chief executive Michael Boggs. “For a number of reasons.”The market turmoil sparked by the Brexit has been unavoidable but Boggs says he doesn’t think potential investors in NZME will see it as…