By Ian Llewellyn of NZPA Wellington, March 11 NZPA - It would cost ACC around $19 billion to meet the solvency levels required by commercial insurance companies, MPs were told today.

Wellington, March 2 NZPA - The New Zealand sharemarket posted its fifth straight gain today amid further positive company results, despite Telecom's continued drag on the market.

Wellington, March 2 NZPA - The New Zealand sharemarket rose in early trading, following a good show by equities in Europe and the United States.

Wellington, Dec 24 NZPA - Central Otago's historic Kingston Flyer steam train has failed to sell.

Wellington, Nov 11 NZPA - The troubled Kingston Flyer Steam Train company has been placed in receivership.

Wellington, July 9 NZPA - Southland's Kingston Flyer, the vintage train that has carried legions of tourists, may not be puff-puffing much longer.

Wellington, Aug 8 NZPA - Corporate raider and strategic investment company Guinness Peat Group PLC is quitting its stake in Tower Australia Group Ltd, and says it will sell the The Dai-ichi Mutual Life Insurance Company its entire 29.7 percent shareholding - 100,351,041 shares.