Pyne Gould Corp, the Guernsey-based asset management firm controlled by George Kerr, said it missed yesterday’s deadline to submit its final audited accounts for the 2014 year to the stock exchange because of a delay in auditing one of the larger property investments in its Torchlight Fund. “PGC expects to be able to release its final audited full-year accounts and annual report …

The New Zealand dollar rose against the euro as slowing European inflation prompted speculation of further stimulus from the European Central Bank. The kiwi advanced to 61.69 euro cents at 8am in Wellington, from 61.44 cents at 5pm yesterday. The local currency edged lower to 77.91 US cents from 78 cents yesterday. The euro weakened after data showing inflation in …

Wall Street slid after a report showed a surprise decline in US consumer confidence, while other data showed disappointing home prices and business conditions in the Midwest. The Conference Board’s index of consumer attitudes dropped to 86.0 in September, down from an upwardly revised 93.4 in August. “We’re continuing to effectively struggle,” Mike Englund, chief economist at Action Economics in …