Stocks on both sides of the Atlantic, US Treasuries and gold fell, though pared some of their earlier losses, amid concern about the reduction of central bank stimulus in the world’s largest economy and worry about the prospects for China, the world’s second-largest economy. Equities in China slumped, sending the country’s benchmark CSI 300 Index down 6.3 percent from the …

Shareholders of Synlait Ltd may sell 19 million shares of Synlait Milk as part of the dairy company’s initial public offering while Bright Dairy won’t participate in the sale, according to Synlait Milk’s prospectus. The Rakaia-based Synlait Milk will raise about $120 million from the IPO, of which $75 million will come from new shares and the remaining $45 million …

The New Zealand dollar may decline this week as the yield appeal of the kiwi diminishes amid expectations of better times ahead for the US economy. The local currency may trade between 75 US cents and 80 cents this week, with a downside bias, according to a BusinessDesk survey of nine traders and strategists. The kiwi recently traded at 77.64 …