Synlait Milk, the Canterbury-based dairy processor that went public in July, posted a 161 percent jump in full-year profit, beating its prospectus forecast, although infant formula sales missed its target. Profit was $11.5 million in the year ended July 31, from $4.4 million a year earlier, the company said in a statement. Sales rose about 12 percent to $420 million, …

newzealandinc.com talks to the businessman behind one of China”s fastest growing marketing and research agencies, Shanghai-based Kiwi Mark Tanner, as his business China Skinny focuses on telling the “size and scale” story of China”s cities. The ?majority of foreign businesses tend to focus on China?s mega-cities. Shanghai and Beijing not surprisingly top the agenda when China is being considered, but …

Wall Street fell as investors weighed comments from various US Federal Reserve officials following last week’s surprise decision by the central bank not to cut back its monthly bond-buying program. “The more people who speak from the Fed in one day, the less clarity there is,” Richard Sichel, who oversees about US$1.9 billion as chief investment officer at Philadelphia Trust, …