Teetering Chinese property giant China Evergrande formally has abandoned plans to sell a $3.61 billion stake in one of its key units.
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News of a free trade agreement between New Zealand and the United Kingdom has been welcomed by the business sector and opposition parties alike.
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New Zealand has agreed in principle to the United Kingdom’s second free trade deal since Brexit, eventually eliminating tariffs on all New Zealand exports to the country.
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Taranaki-based Greenfern Industries will debut on the NZX under a compliance listing, meaning there would be no share sell down or capital raise, for now.
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Auckland’s economic agency says its team is hearing stories of business closures and although more people are out and about they are not spending more.
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An Auckland inner city hotel and restaurant operator has decided it will take only guests who are fully vaccinated from November.
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CoreLogic chief property economist Kelvin Davidson says the upturn in first home buyers coincides with a downward trend for mortgaged investors’ activity.
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The New Zealand Super Fund has joined forces with a local property developer to help tackle the country’s housing shortage.
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The annual Mercer CFA Institute Global Pension Index places New Zealand at 15th, down from 10th place last year.
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Standardised climate-related reporting, which would include progress on emission reductions, is on the way for many large organisations.
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