Neil Craig, chairman of brokerage Craigs Investment Partners, says 2013 may continue to be a busy year for placements as a rising share market stokes demand and investors continue to chase yield in the face of low interest rates. The brokerage that’s half owned by Deutsche Bank lifted profit in 2012 by 7.5 percent to $5.7 million, according to its …

State-owned Solid Energy struggled to find a new chairman when John Palmer announced his intention to leave early last June, because of the parlous state of the business, Treasury papers show. “The current position of the company is also adding complexity to the process of appointing a new chair of the Solid Energy board,” Treasury commercial transactions group manager Chris …

New Zealand visitor arrivals climbed 9 percent last month as Chinese visitors more than doubled from a year ago amid celebrations of the Lunar New Year. Short-term visitor arrivals rose to a seasonally adjusted 223,410 in February from 204,950 a year earlier, according to Statistics New Zealand. The number of Chinese visitors rose 106 percent to 208,704, and arrivals from …