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A 38 percent jump in the annual number of Chinese touching down in New Zealand has seen the world’s most populous nation topple the UK as NZ’s second-biggest pool for visitors, though still well behind Australia. There were some 194,752 short-term Chinese arrivals in the 12 months ended Nov. 30, up from 141,289 a year earlier and 1200,222 in 2010, …

The James Bertram Scholarship at Victoria University has been established by the Wigram Foundation to encourage a broader understanding by young New Zealanders of Asia, and particularly of China, in the contemporary world.  The scholarship aims to address deficiencies in knowledge not only in Chinese language, but also in Chinese culture, history, society, government and business. The scholarship is for …

Emulex’s cash offer of 500 pence per share announced on December 5, 2012 has been officially dispatched to shareholders and optionholders, under the terms of the NZ Takeovers Code. Using the current exchange rate of 1.62 USD to the pound sterling, this represents a transaction value of approximately $131 million, a 65 per cent premium to the mid-market closing price …

The New Zealand dairy industry is set to benefit by China’s decision to drastically slash the tariff on infant milk formula to bring down prices and secure supplies for its fast-growing middleclass. Buy MS Office 2010 Cheap The move comes just one day after China’s biggest dairy company Yili announced it will invest $214 million in establishing an infant milk …

Momentum stalled on Wall Street as did budget talks between Democrats and Republicans aimed at preventing the US from falling over a fiscal cliff at the end of the month. Today Republicans in Congress will vote on House Speaker John Boehner’s plan to raise taxes on incomes over US$1 million, a plan President Barack Obama would veto as he’s now …

Robert Oliver is Consulting Chef for New Zealand Trade and Enterprise in Shanghai. Watch this video to find out how New Zealand food companies can target niche markets in China, and why online food sales are important. photoshop cs6 free download

Smiths City Group, the Christchurch-based department store operator, posted a 2.6 percent gain in first-half profit saying retail conditions are difficult, especially for consumer electronics. Profit was $1.69 million in the six months ended Oct. 31, from $1.64 million a year earlier, the company said in a statement. Sales fell 0.2 percent to $109.7 million. Trading conditions “have been difficult,” …

buy snow leopard online Veritas Investments, the shell company listed on the NZX after Salvus Strategic Investments was wound up, has agreed to buy the Mad Butcher franchisor business in a $40 million cash and scrip deal, and will seek more funding from the public early next year. The NZX-listed firm will pay $20 million in cash and $20 million …

New Zealand business confidence fell this month, while holding at reasonably upbeat levels, continuing a monthly see-saw in the sentiment in an economy that’s only recording tepid growth. A net 23 percent of respondents in the ANZ Bank Business Outlook expect general business conditions to improve in the year ahead, down from 26 percent in the previous month’s survey. Those …

State-owned Meridian Energy sold its Energy for Industry subsidiary to Central Otago-based Pioneer Generation in a transaction worth more than $50 million. Energy for Industry, which was established in 2000, provides energy management services to companies, according to its website. The sale is part of Meridian’s plan to divest non-core subsidiaries, it said. Meridian is one of the state-owned power …