Air New Zealand, the country’s national carrier, is targeting a return to Singapore with a planned codesharing alliance with Singapore Airlines. The Auckland-based airline and Asian carrier plan to boost their capacity between New Zealand and Singapore by 30 percent with the tie-up, which will introduce an Auckland-Singapore route for the first time, Air NZ said in a statement. New …

A Labour-led government will make good on its promise to regulate the electricity industry and stamp out ‘super-profits’, a threat that has weighed on power company stocks, deputy leader David Parker says. Labour and the Greens unveiled plans to overhaul New Zealand’s electricity market on the eve of the government’s MightyRiverPower selldown last year. The operator of nine hydro stations …

New Zealand shares rose, joining a global rally, as demand for so-called growth stocks drove Xero and Wynyard Group to record levels, Warehouse Group led gains in most retailers and Chorus reached a month-high. The NZX 50 Index advanced 47.875 points, or about 1 percent, to 4913.034, the highest since Nov. 18. Within the index, 30 stocks rose, 11 fell …