Recent Posts

ZURU Signs Global Deal With Kickstarter Sensation Bunch O Balloons

New Zealand bred and Hong Kong based toy company ZURU signs a global exclusive deal with Kickstarter sensation, Bunch O Balloons — the fastest and easiest way to make water balloons. By raising close to $1 million dollars through the crowd-funding site Kickstarter, it is one of the top funded Kickstarter campaigns of the year. The innovative design allows you …

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Allied Farmers back in black as livestock unit grows

Allied Farmers, which is rebuilding from a disastrous takeover of the Hanover and United Finance loan books, returned to profit as its core livestock unit lifted income with gains in Taranaki and Waikato. The Hawera-based company reported a profit of $1.03 million, or 1.03 cents per share, in the 12 months ended June 30, turning around a loss of $1.12 million, or 2.94 cents, …

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NZ dollar rises to 4-month high vs. Russian ruble on rising tensions over Ukraine

The New Zealand dollar rose to a four-month high against the ruble on concern Russia may face more sanctions over Ukraine, further denting the fragile Russian economy. The kiwi touched a high of 31.14 rubles and was trading at 30.95 rubles at 8am in Wellington, from 30.83 rubles at 5pm on Friday. The local currency was little changed at 83.58 US cents from 83.59 …

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