SCF shareholders 'fool's gold' claim
Some South Canterbury Finance preference shareholders played with 'fool's gold' due to a lack of proper information, says one broker.
Some South Canterbury Finance preference shareholders played with 'fool's gold' due to a lack of proper information, says one broker.
Out-of-pocket South Canterbury Finance investors will meet today in Auckland to join others rallying behind a probe looking into possible legal action.
Rod Petricevic is now the only failed finance company boss still in jail, despite him receiving a lighter sentence.
It's a tough time to be an investment banker in Southeast Asia. Mergers involving Southeast Asian companies have dropped 45 per cent this year to the lowest level since 2009.
One-third of Capital + Merchant Finance's $18.5 million settlement fund is ring-fenced for claims from the failed firm's trustee and a global investment giant.
New Zealand's institutional venture capital community is still recovering from the global financial crisis six-and-a-half years ago, although so-called angel investors are in better heart, according to a visiting venture capitalist from Silicon Valley.
An investment company that failed to build nearly $10m worth of new homes has finally succumbed to creditors' pressure and entered liquidation.
Firm says it’s been a great year for stock pickers and praises its investment team.
A fight has erupted over one of New Zealand's biggest leaky building payouts, as 253 owners of a North Shore apartment/hotel tower battle one another.
My wife and I both joined KiwiSaver. At that stage she was employed. She is no longer employed.
Equity crowdfunding is taking off, but prominent market figures warn about the potential dangers facing investors.
In the Auckland High Court this month, Mark Bryers named four companies as part of his attempt to portray himself as a consultant rather than a manager.
My husband and I moved back home to New Zealand from Australia in January 2014.
An out-of-pocket client is trying to bankrupt his struck-off former financial adviser who recommended six "disastrous investments".
New Zealand shares rose yesterday, paced by Fletcher Building, as investors were drawn to firms that have under-performed the benchmark index.
A dispute has again thrown up complaints that misused shell companies.
Auckland will issue a worldwide call for investors in an electric car-share scheme such as those in North American and European cities.
Rocket Lab has attracted new financial backing from one of the United States' oldest venture capital firms and aerospace giant Lockheed Martin to put it on course.
NZ shares rose to a fresh record yesterday, paced by Mighty River Power, Meridian Energy and Genesis Energy as investors mulled possible lower interest rates across the Tasman.
As rivalry between Australasian accounting software foes Xero and MYOB heats up, an investment blog has found a novel method of comparing the two companies' prospects.
New Zealand farm investment company MyFarm, which up until now has specialised in the pastoral sector, has weighed into kiwifruit with the launch of a $5 million orchard syndicate.
MediaWorks Investments has returned to profitability in its first 10 months under a new capital structure, and its radio business was the biggest contributor to earnings.
Market speculation about Rod Duke boosting his stake in struggling children's clothing chain Pumpkin Patch has so far failed to become a reality, writes Christopher Adams.
Contact Energy could be heading for a showdown with minority shareholders over what to do with a $1 billion pot of cash.
The receivers of Belgrave Finance are trying to bankrupt the terminally ill property developer who controlled the company, despite doubts it'll yield money.
The boss of a local fund manager has welcomed efforts by the country's financial regulator to crack down on market manipulation.