Shares of Evolve Education Group, the childcare business, rose 7 percent on its NZX debut after its initial public offer raised $132.3 million in new capital to fund its acquisitions in early childhood education. The stock first traded at $1.07, up from its $1 offer price, and valuing the company at $189.5 million. The Auckland-based company, set up in May by Greg …

The New Zealand dollar gained, following the euro higher, after the European Central Bank refrained from injecting more stimulus into the sluggish regional economy, and ahead of US employment data, which is closely watched by the market. The kiwi rose to 77.80 US cents at 8am in Wellington from 77.46 cents yesterday. The trade-weighted index advanced to 78.32 from 78.07 yesterday. …

European stocks fell, while Wall Street was mixed, rebounding from earlier losses to inch higher to record highs for both the Dow and the S&P 500, after the European Central Bank failed to deliver on additional stimulus. The ECB also downgraded its forecasts for euro-zone inflation and gross domestic product through 2016. Investors had anticipated ECB President Mario Draghi would …