The New Zealand dollar pared losses against the euro in the local session as investors mull the make-up of Italy’s Parliament in the first election since the global financial crisis saw the installation of technocrat executive. The kiwi rose to 63.41 euro cents at 5pm in Wellington from 63.15 cents this morning, and little changed from 63.51 cents on Friday …

OceanaGold said transportation of copper-gold concentrate from its Didipio Mine in Luzon, the Philippines, has been temporarily suspended after authorities detained its trucks over a tax dispute. The company has delivered about 2,500 tonnes of concentrate to port since production began at the mine but more 2,500 tonnes has piled up at the mine site pending resolution of the dispute. …

Penny-dreadful stock Allied Farmers is teetering closer to the abyss after the Inland Revenue Department issued a statutory demand for $3.7 million in outstanding debt and adding another default event to the failed finance company. The tax department is requiring payment from Allied Farmers Rural within 15 working days of Feb. 14, when the company advised IRD it was in …