Fears for equity crowdfunding
New Zealand's nascent equity crowdfunding market may be heading for a shakeout as an eighth platform, Property Mogul, seeks regulatory clearance to start operations.
New Zealand's nascent equity crowdfunding market may be heading for a shakeout as an eighth platform, Property Mogul, seeks regulatory clearance to start operations.
Share prices firmed by just under one per cent after major offshore markets surged higher overnight.
There is already considerable foreign investment in New Zealand agribusiness, writes Fran O'Sullivan. Several Chinese companies have meat interests and there is major Japanese investment in Anzco.
Shares on both sides of the Atlantic moved higher overnight, triggered in part by a late surge in Chinese equities.
The future ownership of New Zealand's biggest meat processor, Silver Fern Farms, is a matter for its farmer shareholders to determine, says Finance Minister Bill English.
With equity market volatility on the rise, CBL Corporation boss Peter Harris admits it isn't the perfect time to launch an IPO.
Many Aucklanders are leaving the Super City to buy their first home in cheaper areas.
Will they or won't they is the question that has been on investors' minds as they try to guess when the US Federal Reserve will raise official rates.
Contact Energy is facing growing pressure from institutional investors over its governance structure.
Battery frenemies Telsa, Panasonic poised for Solar power fight in Europe.
New Zealand shares fell yesterday to their lowest level this year as offshore volatility weighed on sentiment again with markets across Asia weaker, with the exception of Australia.
Oil prices rose for a second straight day after the European Central Bank indicated more stimulus could be on its way for the eurozone.
The New Zealand dollar is heading for a 1.5 per cent weekly drop against the greenback as investors continue to spurn risk-sensitive assets against the backdrop of weak Chinese stock markets.
Increasing market volatility hasn't put the kibosh on CBL Corporation's plans to pull off New Zealand's second initial public offering of 2015.
Wall Street rose overnight, recovering part of the previous day's selloff as investors found value in some shares.
The NZX 50 closed down 1.2 per cent at 5590.2 yesterday following a plunge on Wall Street overnight that saw the S&P 500 index fall almost 3 per cent.
NZ shares are being pummelled this morning after Wall St fell on renewed China fears.
Wall St followed the slide of equities in Europe and Asia overnight, amid mounting fears about the slowing pace of Chinese growth.
Economists are paring back their GDP forecasts for this year, and many expect growth to come in at around 2 per cent or just under.
New Zealand's terms of trade unexpectedly rose in the second quarter as a slide of almost 10 per cent in the Kiwi dollar helped lift prices of exports such as dairy products.
The country's largest listed fishing group is quitting its under-performing Pacific tuna business and selling the fleet.
Wall St was down overnight as Fed officials left the door open for an interest rate hike this month.
A New Zealand tourism operator has created designer itineraries to entice more Chinese visitors in off-peak seasons.
New Zealand shares fell yesterday as investors remained cautious after last week's spike in volatility.
Business confidence has dropped to levels last seen in the immediate aftermath of the global financial crisis.
More than half of New Zealanders appear to have made up their minds already about whether the Trans Pacific Partnership is a good or bad thing.