The New Zealand dollar is heading for a 2.1 percent weekly gain against the greenback as investors pare their bets on the world’s reserve currency in a week where US Federal Reserve chairman Ben Bernanke reiterated that the central bank is set on winding back its money printing programme. The kiwi rose to 79.12 US cents at 5pm in Wellington …

New Zealand’s monthly inbound migration rose to a four-year high in June as more kiwis stayed at home amid the dwindling attraction of Australia’s slowing economy. Seasonally adjusted, there were 2,300 more migrants arriving in New Zealand than leaving in June, up from 1,740 a month earlier, and the most since May 2009, according to Statistics New Zealand. Permanent long-term …

Wynyard Group, the local spy software developer, fell 4.3 percent in its NZX debt, having listed at the $1.15 offer price. The shares recently traded at $1.10, valuing the company at $112.8 million, with about 370,000 shares changing hands on turnover of some $425,000. That’s just inside the indicative range of between $1.10 and $1.65 in the firm’s prospectus. The …