New Zealand forest growers, long overshadowed by booming returns from the dairy industry, look set to cash in on record prices for logs as they prepare to harvest trees planted in a flurry of activity two decades ago. Forestry plantation activity in New Zealand jumped between 1992 and 1998, as a surge in Asian log prices lured investment syndicates to …

New Zealand stocks rose as SkyCity Entertainment Group met guidance with first-half earnings hurt by a strong kiwi dollar. Hallenstein Glasson Holdings and Fletcher Building led the advance. The NZX 50 Index gained 21.089 points, or 0.4 percent to 4869.972. Within the index, 23 stocks rose, 20 fell and seven were unchanged. Turnover was $110.9 million. SkyCity rose 1.4 percent …

Shareholders of Auckland International Airport, the nation’s busiest gateway, have overwhelmingly voted in favour of plans by the nation’s busiest gateway to return $454 million in capital via a share cancellation, with 60 percent of the payment treated as a taxable dividend. Results from the special meeting in Auckland today show 99.3 percent of eligible votes cast were in favour …