Wellington, Sept 25 NZPA - ING New Zealand will become a wholly owned subsidiary of ANZ National Bank Ltd as a result of transaction by parent ANZ announced in Australia today.

Wellington, Sept 24 NZPA - After months of controversy the Government today brought its new-look emissions trading scheme (ETS) to Parliament and got the bill through its first reading on a vote of 63 to 58.

Auckland, Sept 23 NZPA - Pyne Gould Corporation (PGC) says its $237 million rights issue should give investors confidence in the company. "Doing nothing was, and is not an option," said director Bryan Mogridge.

Wellington, Sept 23 NZPA - The New Zealand sharemarket presented a mixed overall picture today but there was a lot going on.

Wellington, Sept 23 NZPA - New Zealand Post defended the closure or reduction in services at a handful of stores as it reported a fall in full year net profit to $71.8 million.

Wellington, Sept 22 NZPA - Public confidence in finance companies has taken a dive, a survey shows. Only 4 percent of the 1000 people who took part in the Raboplus financial confidence index survey said they were likely to deposit with a finance company in the next six months.

Wellington, Sept 22 NZPA - The New Zealand dollar kept its head well above US70 cents overnight. It dropped as low as US70.13c just after midnight but recovered half a US cent about 3am to be worth US70.67c at 8am, down from US70.73c at 5pm yesterday.

Wellington, Sept 11 NZPA - The rise and rise of the NZ dollar continued today. It climbed above US70c just before 5am and rose through the day to be worth US70.40c at 5pm.

Wellington, Sept 11 NZPA - Less than a day after Reserve Bank Governor Alan Bollard bemoaned the New Zealand dollar's relentless rise, the kiwi raced to a new one-year high. It peaked at US70.46c around 6am, according to Reuters data, and by 8am had slipped only slightly to US70.35c.

Wellington, Sept 9 NZPA - New Zealand continues to rank second to Singapore as the easiest country in which to do business, according to a World Bank report.