Latest news - Page 592
FMA lifts head count to 170 staff as it probes new areas
Thu, 19th Mar 2015
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edutech
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licensing
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financial markets authority
The New Zealand Financial Markets Authority has hired 170 staff and plans to invest in technology to fulfill its regulatory role.
NZ, Vietnam aim to double two-way trade to $2.2B by 2020
Thu, 19th Mar 2015
NZ and Vietnam set ambitious $2.2B trade goal by 2020, after vibrant growth fuels leaders' confidence in bilateral ties.
No more Air NZ points for BNZ credit cards as Westpac steps in; cash replacement mooted
Thu, 19th Mar 2015
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westpac
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air new zealand
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bnz
BNZ cut off from Air NZ points as Westpac fills the void, with a cash-back scheme to quell customer concerns over rewards.
APN News & Media halted for selldown amid speculation O'Brien, INM exiting
Thu, 19th Mar 2015
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grabone
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apn media
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fairfax media
APN News and Media halted trading amid rumours of exits by Dennis O'Brien and Independent News - Media, with a potential A$300 million block trade looming.
International Monetary Fund says LVR limits work in boom times, not busts
Thu, 19th Mar 2015
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international monetary fund
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financial institutions
Restrictions on low-deposit home loans appear to have more effect in times of boom rather than bust, according to an International Monetary Fund work.
NZ, US escalate WTO action against Indonesia on import restrictions
Thu, 19th Mar 2015
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world trade organisation
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wto
New Zealand and the US have escalated a complaint against Indonesia to the World Trade Organisation on import restrictions.
Salt Funds wins mandate for AMP Capital's $690M active NZ equity funds
Thu, 19th Mar 2015
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salt funds management
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amp
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banking
Salt Funds Management secures a mandate to manage AMP Capital’s NZD $690M active New Zealand equity funds, nearly doubling its existing funds under management.
Mainfreight forecasts annual profit hike, pays tribute to Rowlands
Thu, 19th Mar 2015
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data analytics
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planning
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bi
Mainfreight anticipates up to a 7.1% profit increase, driven by revenues surpassing USD $2 billion, while honouring the legacy of former chairman Don Rowlands.
NZ economy grows 0.8% in fourth quarter, on tourist spending, heated housing market
Thu, 19th Mar 2015
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inflation
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tourism
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growth
The New Zealand economy expanded in the fourth quarter as tourists drove growth in retailing and accommodation, and property sales increased demand fo.
Wynyard proposes dual listing on Australian bourse
Thu, 19th Mar 2015
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nzx
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wynyard group
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asx
Wynyard Group, the crime-fighting software and services developer, plans a dual listing on the Australian stock exchange.
Sue Sheldon steps down as Chorus chair, Hartley to be acting chair
Thu, 19th Mar 2015
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uc
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chorus
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spark
Sue Sheldon is standing down as chair of Chorus at the end of the month and the role will be filled by Jon Hartley on an interim basis.
Samsung: what the IoT means for enterprise
Thu, 19th Mar 2015
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supply chain
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healthtech
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samsung business
Samsung unveils Samsung Business, a brand that unifies its end-to-end business solutions, including IoT offerings. #CeBIT2015.
NZ dollar jumps against greenback after cautious Fed statement
Thu, 19th Mar 2015
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bnz
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new zealand dollar
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inflation
The New Zealand dollar jumped more than one US cent after the Federal Reserve was more cautious than expected about a revival in the US economy and th.
While you were sleeping: Wall Street rallies on Fed
Thu, 19th Mar 2015
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wall street
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us federal reserve
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industrial
Wall Street gained, erasing earlier losses, after US Federal Reserve policy makers flagged that they expect interest rates to rise at a slower pace wh.
NZ dollar falls after dairy prices drop; Fed, GDP loom
Wed, 18th Mar 2015
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new zealand dollar
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globaldairytrade
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banking
The New Zealand dollar fell after prices of dairy products dropped more than some expected in the GlobalDairyTrade auction overnight and as the market.
NZ dollar gains vs. Australian dollar on RBA rate view, as dairy auction, Fed awaited
Wed, 18th Mar 2015
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new zealand dollar
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australian dollar
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us federal reserve
The New Zealand dollar gained against the Australian dollar after minutes of the last Australian central bank meeting showed it considered cutting int.
Spark cries foul over Netflix GST dodge
Wed, 18th Mar 2015
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gaming
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uc
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digital entertainment
Spark New Zealand criticizes Netflix for not charging GST on its New Zealand service, giving them a cost advantage over competitors.
New patents and publicity for Pacific Edge
Wed, 18th Mar 2015
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healthtech
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nzx
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pacific edge
Pacific Edge, the Dunedin-based developer of technology to detect cancer, says it has new patents and its technology will soon feature in a medical jo.
Tower names Seniors Money's Brett Wilson as CFO, replacing Boggs
Wed, 18th Mar 2015
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tower insurance
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shares
Tower, the listed general insurer, named Brett Wilson as chief financial officer, following the departure of Michael Boggs last month.
Faint praise from industry body for 'Fonterra for meat' report
Wed, 18th Mar 2015
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collaboration
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fonterra
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silver fern farms
The industry body that helped fund a major study to reform the red meat sector has damned with faint praise the resulting report from the Meat Industr.