New Zealand shares fell, easing the NZX 50 Index from a 5-year high, as a key measure of China’s manufacturing missed estimates and the local market subsided after a month-end flurry. Fletcher Building and Telecom fell. The NZX 50 fell 2.01 points, or 0.04 percent, to 4317.98. Within the index, 18 stocks fell, 25 rose and seven were unchanged. Turnover …

The New Zealand dollar is heading for a 1.2 percent weekly fall against the greenback as weaker than expected Chinese manufacturing added to a souring mood among investors looking for reasons to sell. The kiwi traded at 82.71 US cents at 5pm in Wellington from 82.77 cents t 8am, down from 83.15 cents yesterday. The trade-weighted index decreased to 75.78 …

Liquidators have been appointed to a raft of Mainzeal and Richina related companies at the request of the shareholder. BDO’s Andrew Bethell and Brian Mayo-Smith have been appointed liquidators of the group companies, including the first firm to fall over Mainzeal Property and Construction, according to documents lodged with the Companies Office. The appointments were made yesterday by a special …