Guinness Peat Group chairman Rob Campbell, who was brought into the investment firm to oversee its wind-down, has joined the board of rental campervan operator Tourism Holdings. The appointment takes the number of independent directors on the Tourism Holdings board to five of the six-strong board, and the company expects to make another addition in coming months, said independent director …

Wall Street climbed to fresh highs as investors bet that the pace of the economic recovery, both at home and abroad, will sustain corporate profit growth. The initial catalyst for today’s rally was another piece of good news from China. Reports showed that the nation’s imports increased more than expected last month, rising 14.1 percent, while export growth eased to …

Guinness Peat Group, the investment company liquidating its holdings, has agreed to sell 19.9 percent of ASX-listed property developer CIC Australia to Peet Ltd for about $15 million. Peet today announced a cash takeover for all the shares in CIC for 60 Australian cents apiece or A$76 million, it said in a statement to the ASX. CIC has seven active …