The Chinese government has its eye on an unknown number of New Zealand-resident Chinese citizens who are thought to have established themselves here with funds obtained through corrupt practices, the Prime Minister, John Key, says.  The issue came up in talks between Key and the Chinese president, Xi Xinping, during his three-day state visit to New Zealand last month and …

Rubicon, the forestry biotech company spun out of Fletcher Challenge, reiterated plans for an initial public offer for ArborGen, the biotech forestry company it holds a third of, as it laments its languishing share price. The Auckland-based company has been mulling an ArborGen share float since August 2013, after an aborted attempt in 2011, though it has to weigh up the realisation of immediate value …

New Zealand wholesale trade sales rose in the third quarter, led by gains in the auto industry. Seasonally adjusted sales rose 0.7 percent to $22.08 billion in the three months ended Sept. 30, adding to a 1.8 percent increase in the second quarter, according to Statistics New Zealand. On an unadjusted basis, wholesale trade was up 4.3 percent from the …