Mykris Ltd, the NZAX listed Malaysian Internet Service Provider announced its Preliminary Financial Results to 31 March 2013. Mr. Chew, Chairman and CEO advised “We have had our first year as a listed company in NZ and it has been a very strong year.” The highlights of the report were total revenue of $8.88 million, EBITDA of $2.63 million and …

New Zealand’s current account deficit narrowed as expected in the first quarter as volumes and prices of dairy exports rose and visitors spent more, lifting the balance on goods and services. The current account deficit fell to $663 million in the three months ended March 31, from a revised $3.2 billion in the fourth quarter of 2012, according to Statistics …

The New Zealand dollar rose to a three-week high against the Australian currency after yesterday’s minutes of the latest Reserve Bank of Australia meeting confirmed it is likely to cut interest rates in the future and expects the Aussie to decline further. The kiwi rose as high as 84.56 Australian cents, its highest since it touched 84.61 cents on May …