Recent Posts

While you were sleeping US jobs data awaited as Evans sees ‘tough call’ on tapering

The US dollar strengthened against the yen on speculation delayed September jobs data due on Tuesday will be strong enough to allow the Federal Reserve to contemplate tapering by year-end. Economists forecast that 180,000 jobs were created in September, according to a Reuters survey, from 169,000 a month earlier, while the unemployment rate remained at 7.3 percent. The greenback strengthened …

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China Business Summit: A Wake-Up Call – Overview

By Jan Bierman, Rare HQ The second China Business Summit, hosted by the Auckland Chamber of Commerce and NZ Inc Ltd, was held on the 16 October 2013, at the Langham Hotel, Auckland. The focus of this year’s summit was on how New Zealand can lift its game in the wake of the Fonterra botulism scare, and on the changing …

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Pengxin, Synlait founders make $85.7 mln offer to take over Synlait Farms

Shanghai Pengxin, which bought the Crafar family farms in a controversial deal last year, and the Synlait founders are offering $85.7 million to buy South Island dairy farmer Synlait Farms. SFL Holdings, a joint venture between Pengxin and Synlait Farms chief executive Juliet Maclean and director John Penno, is offering $2.10 a share to Synlait Farms investors in a full …

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