SkyCity Entertainment Group may raise more capital selling notes in the US private placement market after completing the sale of as much as $125 million of seven-year bonds next month that it plans to use to repay bank debt. Standard & Poor’s today assigned a BBB- rating to the casino operator’s bond sale, which is to open on Sept. 3 and close on Sept. 22. That matches …

The Icehouse will tack another medal onto an already-decorated body of work this week: Adherium will become the first of the incubator’s alumni to cross the listing threshold. A digital health technology company whose focus is to addresss the sub-optimal medication use in chronic disease, Adherium is now listed on the Australian Securities Exchange (ASX). On top of that, the …

The biggest selloff in stock markets in at least four years, slumping commodity prices and a surge in Wall Street’s fear gauge don’t mean the world economy is heading for another global financial crisis, fund managers say. New Zealand shares followed Wall Street and European equity markets lower for a second day, with the S&P/NZX 50 Index down 1.7 percent …