The New Zealand dollar weakened as investors evaluate whether the Federal Reserve may start tapering its monetary stimulus next month after unexpectedly keeping the programme unchanged this month. The kiwi slipped to 83.49 US cents at 8am in Wellington, from 83.62 cents at the New York close and 83.81 cents at the 5pm market close in Wellington on Friday. The …

New Zealand stocks were mixed in trading today. Early signs were that the market would break a two day mild upward run, but the trend reversed late in the day to be slightly positive at day’s end, with several stocks going ex dividend. The NZX50 Index, which is calculated on a gross basis and does not account for the ex …

DNZ Property Fund has hired Auckland International Airport’s property boss Peter Alexander to take over the reins when current chief executive Paul Duffy departs. Alexander, currently Auckland Airport’s general manager property and part of the transport hub’s senior management team, will join the sixth-biggest listed property entity by market value on Dec. 10, DNZ said in a statement. The property …