Wall Street rose after a report showing the US economy grew at a better-than-expected clip in the third quarter, while shares of Visa and MasterCard rallied after their latest earnings topped expectations. In afternoon trading in New York, the Dow Jones Industrial Average climbed 1.30 percent, the Standard & Poor’s 500 Index rose 0.53 percent, while the Nasdaq Composite Index …

New Zealand shares rose to a record led by Freightways after a profit upgrade. Mainfreight and Restaurant Brands paced gains as investors hunted for yield investments after the Reserve Bank kept interest rates on hold. The NZX 50 Index rose 14.305 points, or 0.3 percent, to 5370.18, marking the sixth record close in a row. Within the index, 23 stocks rose, 14 fell and 13 were unchanged. Turnover was $94.3 million. …

Vital Healthcare Property Trust, the country’s biggest listed medical and healthcare property investor, has signalled development plans totalling A$15.5 million in Australia, and has sold a New Zealand property as it looks to exit low-growth assets. The property investor has a A$9.5 million redevelopment plan to expand its Belmont Private Hospital in Brisbane and A$6 million upgrade of its Hurstville …