The New Zealand dollar fell at the open after Cyprus delayed a vote on austerity measures that are part of a 10 billion euro bailout devised by euro zone finance ministers and would result in the island’s depositors losing some of their savings. The kiwi dollar fell to 82.29 US cents from 82.72 cents in late New York trading on …

Pencarrow Private Equity, whose past investments have included paper merchant BJ Ball and buggy maker Phil & Teds, is keeping an eye on ways to leverage the $30 billion rebuild of Christchurch having raising $124 million for its new fund. The private equity firm has already run the ruler over 60 companies for its Pencarrow IV Fund to invest in …

A much-maligned weekend deal to rescue Cyprus from financial collapse appears set to unravel within days and could renew concerns about the euro zone and its continuing debt crisis. Whether that flows across the Atlantic and dampens enthusiasm on Wall Street is to be seen. For their part, US investors will be focusing on a two-day meeting this week by …