The New Zealand dollar was little changed against the greenback ahead of figures forecast to show the economy picked up pace in the fourth quarter. It dropped against the euro on speculation may provide aid as an alternative to an EU bailout. The New Zealand dollar traded at 82.31 US cents from 82.27 cents at 5pm in Wellington yesterday. The …

As Cyprus continued its efforts to seek financial help that will prevent its bankruptcy, investors turned their focus toward positive news from companies including Lennar and Adobe. Cypriot lawmakers yesterday vetoed a proposal, suggested by European Union and International Monetary Fund leaders, to tap bank deposits to help fund a much-needed bailout. Desperate for alternatives, Cyprus is now in talks …

New Zealand shares rose, led by cloud-based accounting firm Xero, which added another $100 million to its market value to reach a new record while Sky Network Television rose to the highest in almost two years. The NZX 50 Index gained 4.39 points, or 0.1 percent, to 4349.43. Within the index, 21 stocks rose, 13 fell and 16 were unchanged. …