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Former Prime Minister Jenny Shipley has disclosed her role at the failed Mainzeal Group to China Construction Bank, the world’s second-biggest lender by market value, where she is a director. The Chinese lender said Shipley had notified it that she had served as chairman and independent director of the group which was put in receivership on Feb. 6 and liquidation …

Investors in New Zealand power company bonds say they’re unfazed by a proposal from the Labour and Greens parties to restructure the electricity market, which may lift the risk premium they demand to hold the debt. Infratil today re-launched its sale of up to $100 million of June 2022 infrastructure bonds after tweaking its offer document to note the increased …