New Zealand stocks regained their positive tone today, with gentle rises across the board in light trading, affected by Wellington Anniversary Day and subdued global markets owing to the Martin Luther King long weekend in the US. The NZX 50 Index rose 21 points, or 0.5 percent, to 4185.18. Within the index, 31 stocks rose, 11 stocks fell, and eight …

The government has recruited Navman founder Sir Peter Maire and Wynyard Group chief executive Craig Richardson to the board of its new high tech “one-stop-shop”, and put a woman in charge. New Zealand Trade and Enterprise director Robin Hapi and Professor Peter Hunter from Auckland University are also new appointments to the board of Callaghan Innovation ahead of its opening …

DNZ Property Fund has increased the occupancy rate in its portfolio of 47 buildings to 99.2 percent. The owner of one of New Zealand’s largest portfolios of investment property said 37 transactions during the three months ended December had greatly reduced its lease expiry risk going forward. The occupancy rate of 99.2 percent as at December 31, 2012 was up …