New Zealand shares were mixed, with Goodman Fielder and NZ Refining down ahead of their exit from the NZX 50 Index, while Ryman Healthcare, rated ‘outperform’ in a Reuters poll, led gainers. The NZX 50 rose 4.44 points, or 0.1 percent, to 3979.17. Within the index, 18 stocks rose, 26 fell and six were unchanged. Turnover was $156 million. The …

The New Zealand dollar is headed for a 3.1 percent gain against the yen this week as Japanese voters prepare to go to the polls in an election that’s expected to install a new government that backs unlimited monetary easing. The kiwi traded at 70.75 yen at 5pm in Wellington from 70.52 yen yesterday. The currency was little changed at …

A second unnamed NZX adviser has been fined over a rule breach related to auction site Trade Me’s $363.5 million initial public offering last December. The adviser must pay $16,000 to the NZX Discipline Fund plus costs, the regulator said in a statement. The breaches relate to both the Trade Me and Summerset IPOs last year. NZX regulation said the …