Former Prime Minister Jenny Shipley stonewalled questions about her suitability to remain chair of state-owned power company Genesis Energy after resigning her chairmanship of Mainzeal companies just before the country’s largest construction group went into receivership. In her first public appearance since the Feb. 6 Mainzeal receivership, Shipley was fielding questions at the six month result briefing for Genesis, which …

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The New Zealand dollar rose against the euro on signs of a hung parliament in Italy and tumbled against the yen as Japan’s currency broadly recovered from a sell-off sparked by speculation over the next Bank of Japan governor. The kiwi dollar rose to 63.81 euro cents from 63.40 cents at 5pm in Wellington yesterday and sank to 77.77 yen …